UPDATED: Tax collections beating estimates at start of fiscal year; budget deficit still projected

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(Updated to include comment from governor and House speaker)

Tax collections are beating estimates for the first two months of the new fiscal year, although the state is still facing a budget hole in the years ahead.

The Legislature's research arm released a report Wednesday showing that tax revenues are exceeding estimates by about $47.4 million for the first two months of fiscal year 2026, which started July 1.

Legislative researchers released their report ahead of Gov. Laura Kelly's administration, which has traditionally released . . .

SSJ

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