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Kansas Dec. Tax Receipts Below Estimates

 

Tax receipts for the State of Kansas in December come in below estimates.

 

The total tax receipts for the last month of 2025 came in at $1.07 billion. That number is about 5% or nearly $59 million below estimates. Receipts were also nearly 5% lower than December 2024. Both individual income and corporate taxes fell in December, driving the lower-than-projected numbers. Individual taxes were $37 million or 7.6% below expectations while corporate taxes dropped even more. Those receipts were $22 million or 8.9% below estimates and 19% less than a year ago.

 

Governor Laura Kelly called the recent numbers a reminder that while recent tax returns have been positive, there is no guarantee that those trends will continue.. Kelly urged a fiscally responsible, disciplined approach to the budget as state lawmakers prepare to return to Topeka for the new Legislative session that begins next week.

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