The State of Kansas ends December 2023 with total tax collections at $1.043 billion, 3.4%, below the estimate, with total tax collections down 3.8% from December 2022.

 Individual income tax collections were just over $397 million, 4.5%, above the estimate, and up 5.9% from December 2022. Corporate income tax collections were $235.7 million, 14.3%, below the estimate and down 16.1% from December 2022.

 Combined retail sales and compensating use tax receipts were $302.4 million, 1.8%, below the estimate and down 1.6%, from December 2022.

 Secretary of Revenue Mark Burghart says the corporate income tax receipts were lower than expected because there was one less deposit day this December compared to December 2022. Nearly $34.4 million was deposited on that additional day in December 2022.

 Click to here view the December 2023 revenue numbers.