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.)

631 SW Commerce Pl. Topeka, Kansas 66615 phone: 785-272-6397 fax: 785-272-1363 email: feedback@wibw.com
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 40577702 - wibw.com/a?a=40577702
Gray Television, Inc.