Total tax collections for March 2023 were higher than predicted.

 Governor Laura Kelly made that announcement yesterday. Total tax collections for March 2023 were $758.3 million, 9.4%, more than the monthly estimate, and 11.6% more than March 2022.

 Individual income tax collections were $314.6 million, $438,000 less than the estimate but 5.5%, more than March 2022. Corporate income tax collections were $102.6 million, 279.9%, more than the estimate, and 271.1%, more than March 2022.

Combined sales and compensating use tax receipts were $275.4 million, which is $422,000 more than the estimate and 1.7%, less than March 2022. The reduced year-over-year receipts for March from these tax sources are due in part to the reduction of state sales tax on food and food ingredients.

 The Consensus Revenue Estimating Group, comprised of the Kansas Department of Revenue, Division of Budget, Legislative Research Department, and economists from the University of Kansas, Kansas State University, and Wichita State University, will meet on April 20th. The Group will review the fall estimate and make any revisions it may consider necessary.