Kansas tax revenues for the month of September come in slightly below expectations.

Total tax revenues last month came in at $1 billion. That total is $3.4 million or three tenths of a percent (.3%) below estimates. Totals were down 1.9% from September 2024. Even though individual income tax collections were above estimates, they are offset by a significant 15% loss in corporate income. Individual income tax collections were $481.4 million or 5.8% above the estimate. Combined retail sales and compensating use tax receipts were $293.3 million, which is above estimates but still down 1.1% from a year ago.

Governor Laura Kelly once again expressed her concern that recent budgets passed by the Kansas Legislature risk veering the state off the course of fiscal responsibility. Kelly added that, while one month of revenues missing the estimate is not cause for panic, it is a reminded that fiscal restraint is sound policy.