View as a webpage  /  Share [ [link removed] ]






Header________________________________________________________________________

*For Immediate Release:    *     
October 3, 2022
          
*Contact:    *     
Cassie Nichols
[email protected]

Kansas' September Total Tax Receipts
$84.5 Million More Than Last September

*TOPEKA* – Today, Governor Laura Kelly announced Kansas’ September total tax receipts were $961.0 million. Those collections are $96.2 million, or 11.1%, more than the estimate, and reflect a $84.5 million, or 9.6%, growth from last September.  

“Thanks to our laser-sharp focus on creating quality jobs and attracting business to Kansas, we have now seen 26 months of revenue surpluses,” *Governor Laura Kelly said.* “That has enabled us to provide tax credits for teachers and cut taxes for seniors, veterans, homeowners, and businesses – all while paying off debts and fully funding our schools.  These revenue estimates show we are making Kansas the best place to live, work, and raise a family.”  

Individual income tax collections were up $31.3 million, or 7.6%, for the month with $441.3 million collected. That is $34.5 million, or 8.5%, more than the same month in 2021. September corporate income tax receipts, which are comprised primarily of estimated tax payments, have continued to trend upward. Corporate income tax collections were $49.2 million, or 40.6%, more than the estimate with $170.2 million collected. That is a growth of $24.9 million, or 17.1%, from the same month last year. 

“The higher-than-expected corporate estimated payments suggests that corporations again anticipate favorable profit margins in 2022,” *Revenue Secretary Mark Burghart said*. 

Combined retail sales tax and compensating use collections were $309.6 million, 8.3%, or  $23.7 million, more than last September. 

Click here [ [link removed] ] to view the September 2022 tax receipts spreadsheet. 

 

*###*








Stay Connected with Kansas Office of the Governor: Facebook [ [link removed] ]  Twitter [ [link removed] ]  Visit our Website [ [link removed] ]  GovDelivery Signup [ [link removed] ]  SUBSCRIBER SERVICES:
Manage Subscriptions [ [link removed] ]  |  Unsubscribe All [ [link removed] ]  |  Help [ [link removed] ]
body .abe-column-block { min-height: 0px; }

________________________________________________________________________

This email was sent to [email protected] using govDelivery Communications Cloud on behalf of: Kansas Office of the Governor · Capitol, 300 SW 10th Ave., Ste. 241S · Topeka, KS 66612-1590 GovDelivery logo [ [link removed] ]