The state of Kansas closed out June with unexpectedly strong corporate and personal income tax as well as sales tax collections to push revenue during the past fiscal year $758 million beyond receipts anticipated by analysts, the governor said Friday. Gov. Laura Kelly, a Democrat seeking re-election in 2022, said the June report affirmed work to strengthen the state’s economy was paying off. “As we transition into the next fiscal year,” Kelly said, “my administration will continue moving our economy forward by prioritizing pro-growth policies that will support Kansas businesses and families.” The Kansas Department of Revenue said the state took in $8.9 billion during the fiscal year running from July 1, 2020, to June 30. The total was $758.1 million, or 9.3%, greater than projected by a panel of revenue forecasters.
Source: Derby Informer | Area
