Tax Revenue Steady For July

By: Brian Dorman Email
By: Brian Dorman Email

Topeka, KS (WIBW)--New figures show that state tax revenue last month was close to what was expected.

The state pulled in 389 million dollars in tax revenues in July, which is about what officials had anticipated.

The official financial forecast had predicted revenues of 388 million dollars during the month, which is the first of the 2009 fiscal year.

The difference is 3/10 of 1%. The numbers were released Saturday by the Kansas Legislative Research Department.

It's good news for the state, which ended its 2008 fiscal year on June 30th with 60 million dollars.
That's about 1% less in tax revenues than anticipated.

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