November Kansas tax collections at $675.6 million – 3.6% below estimate

TOPEKA – The State of Kansas ends November 2024 with total tax collections at $675.5 million. That is $25.4 million, or 3.6%, below the estimate. Total tax collections are up 4.0% from November 2023.

Individual income tax collections were $335.2 million. That is $15.3 million, or 4.4% below the estimate. Individual income tax collections are up 14.9% from November 2023. Corporate income tax collections were $24.5 million. That is $5.9 million, or 19.4% below the estimate, and down 31.1% from November 2023.

Combined retail sales and compensating use tax receipts were $287.3 million, which is $2.0 million, or 0.7% below the estimate, and down $3.7 million, or 1.3%, from November 2023.

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