Kansas revenues plunge, but close to target

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Kansas saw a 51% year-over-year decline in revenues for April although they just barely beat the new fiscal forecast.

The state saw revenues drop about $610 million last month compared to the same month a year earlier.

However, revenues still beat the new, lower projection for April by about $360,000, or less than a percent.

The reduction for April was anticipated after the state moved the tax deadline back to July 15 from April 15 to give Kansans more time to pay their taxes during the public health crisis.

For the fiscal year to date, revenues are . . .

SSJ

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