Kansas Tax Revenues Off Again in February

By: AP
By: AP

TOPEKA, Kan. (AP) _ The state receives more bad news about its budget from preliminary tax collection figures for February.

Those figures from the Department of Revenue show that tax collections were about $12 million short of expectations last month.

The state's official economic forecast predicted Kansas could collect $251 million in general tax revenues. Instead, it collected about $239 million.

Revenues have been running short of expectations throughout the current fiscal year. Fiscal 2009 ends June 30.

The Legislative Research Department will issue a final report on February revenue collections, possibly later this week. That will be followed by a new deficit projection for the fiscal 2010.

That projected shortfall is now $654 million.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
631 SW Commerce Pl. Topeka, Kansas 66615 phone: 785-272-6397 fax: 785-272-1363 email: feedback@wibw.com
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 40577702 - wibw.com/a?a=40577702
Gray Television, Inc.