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Kansas Revenue Beats Forecast For 5th Month

Kansas officials say the state’s revenue collections in August exceeded official forecasts by $16.8 million.

The Department of Revenue released the figures Wednesday. It was the fifth month in a row that Kansas revenues beat expectations.

Total revenue in August was $436.4 million, compared with the $419.6 million forecast for the month back in April.

Sales tax collections exceeded the forecast by $7.1 million. Individual income taxes totaled $3.4 million more than the forecast, while corporate incomes tax payments beat the estimate by $524,000.

Monthly targets were set in April by a group of economists which are used to prepare the state budget.

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