Kansas officials awaiting word on tax collections in April
Topeka ? Kansas legislators and other officials are waiting to learn whether the state’s tax collections in April met expectations.
The report Thursday from the state Department of Revenue will be the first since a new, more pessimistic fiscal forecast for state government was issued earlier this month. The forecast came from department officials, legislative researchers, university economists and Gov. Sam Brownback’s budget staff.
The new outlook reduced projected tax collections by a total of $187 million for the current fiscal year and the one beginning July 1.
The state expects to collect $5.7 billion in taxes during the current fiscal year and almost $5.9 billion during the next fiscal year.
Lower-than-anticipated tax collections could signal further budget problems because they’d come so soon after the new forecast.