TOPEKA – Governor Laura Kelly today announced that total tax-only collections for January were $1.05 billion. That is $56.2 million, or 5.7%, more than the January estimate. Those collections were also $102.4 million, or 10.8%, more than January 2022.

“Month after month of tax collections surpassing the estimates show that, thanks to our laser-sharp focus on supporting businesses, we are now able to responsibly cut taxes for Kansas families,” Governor Laura Kelly said. “We should start by completely and immediately eliminating the state sales tax on groceries, diapers, and feminine hygiene products, creating a back-to-school sales tax holiday, and providing Social Security income tax relief to Kansas seniors. We will get that done if we work together.”

Individual income tax collections were $494.9 million in January. That is $65.1 million, or 11.6%, less than the estimate and 8.7% less than January 2022. Corporate income tax collections were $166.1 million, which is $131.1 million, or 374.6%, more than the January 2023 estimate. Those collections are $134.5 million, or 425.0%, more than January 2022.

“Corporate tax receipts continue to be higher and individual income receipts lower because of the shift between the two tax types brought about by the SALT Parity Act,” Secretary of Revenue Mark Burghart said. "The SALT Parity Act now allows owners of pass-through entities, such as S corporations, partnerships, and limited liability companies, to elect to have the pass-through entities pay tax at the entity level on the income flowing through to the owners.

Retail sales tax collections were $275.2 million, which is $4.8 million, or 1.7%, less than the January estimate but 6.6% more than January 2022. Compensating use tax collections were $86.1 million, which is $3.9 million, or 4.3%, less than the estimate, but 2.4% more than January 2022.

 

 

STATE

Two subjects arrested and fentanyl seized in Pittsburg

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UPDATE: Investigation of letters with suspicious white powder

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UPDATE: Investigation of letters with suspicious white powder                                                 ... [More]

SPECIAL: Search continues for missing Parsons man

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PLEASANTON WEATHER

NEWS

Pleasanton requests 1-year automatic aid fire extension

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Commissioners hear update, discuss aid agreement for Pleasanton FD

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Filing deadline approaches for local seats

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COMMUNITY

Prairie View FFA captures State Ag Mechanics Championship

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Free summer meals for kids age 1 to 18 in Pleasanton

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Faith Chapel Church and the Kansas Food Bank have partnered to provide summer meals for children in Pleasanton as part of the USDA Summer Food Service Program.  Meals will be distributed as a “Grab & Go” each week. Meals will be distributed at the church,... [More]

New rescue seeks donations to aid startup

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A newly formed dog rescue operating from Mound City is on the lookout for donations to help with their startup. Dirt Road Rescue, a 501C3 organization, was founded by core members Melayna Johnson, Megan Purvis, Janet Jackson and Samantha Ekwuru, for the sole mission of saving... [More]

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