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Report: Kansas Tax Revenues $4M Short In October

(AP) – The Kansas Department of Revenue says the state collected $4 million less in taxes than anticipated in October.

But the department says the payment of a large, 1-time refund from taxes paid in previous years was the reason. The agency did not provide additional details.

The state expected to collect $462 million in taxes in October and took in $458 million. The difference was about 1%.

The shortfall ended a streak of 6 consecutive months in which tax collections exceeded expectations.

Still, for the fiscal year that began in July, the state is $62 million ahead on its tax collections, exceeding expectations 3.4%. Since July 1, the state has collected almost $1.9 billion in taxes.

State officials and economists meet Friday to issue new revenue projections.

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