Kansas November Revenue Up From 2011

TOPEKA, Kan. (WIBW) - New numbers appear to be good news for the state's bank account.

Kansas Revenue officials released figures late Friday showing the state in $35.2 million more in November 2012 than it did in November of last year. That's an 8.7 percent jump.

The amount exceeded estimates by about one percent.

Revenue Secretary Nick Jordan says the numbers are proof the state's economy is improving.

“These positive numbers are tangible proof that Kansans, and the state, are in a better economic place than we were last year," Jordan said in a statement. "It is encouraging to see solid signs that the economy is improving, but we can still do better by focusing on tax policy and a frugal budget."

However, the state is facing a projected $328 million shortfall by June 2014 due to massive income tax cuts enacted this year.


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