Kansas revenues beating estimates for FY ’25 after enacting tax cuts

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As Kansas emerges from tax season, tax collections for the current year are beating estimates by $175.9 million despite cutting taxes during the 2024 legislative session.

The Department of Revenue reported $8.9 billion in tax revenues through May for the current fiscal year that ends June 30.

The amount was 2%, or $175.9 million, above what had been forecasted by revenue estimators when they convened in April.

Six tax sources were above the estimates by more than $1 million, including income ($154 . . .

SSJ

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