October tax revenues for the State of Kansas are once again above estimates.

Total tax collections for the state in October were $695.6 million or 7.2% above estimates. Revenue was also up 4% from this time last year. Most of the rise was driven by individual income tax collections, which were nearly 23% above estimates. Combined retail sales and compensating use tax receipts were also up sllightly at $289.5 million, while corporate income taxes fell to $15.9 million or 60% below estimates.

Governor Laura Kelly noted that the drop in corporate tax receipts was concerning, stating that fiscal responsibility would be her primary concern as she begins crafting her Fiscal Year 2027 budget proposal.