(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.