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Kansas Tax Receipts for March Below Estimates

 

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

 

The total tax receipts last month came in at $577.1 million. That number is 10.7% or nearly $69 million below estimates. Receipts were also 9.5% lower than March 2025. Both individual income and corporate taxes fell in March, driving the lower-than-projected numbers. Individual taxes were $3.7 million or 1.3% below expectations while corporate taxes dropped even more. Those receipts were negative $23.5 million or 158% below estimates and 147% less than a year ago.

 

Governor Laura Kelly stated: Missing revenue estimates by nearly $69 million in March and by over $175 million cumulatively since the last Consensus Revenue Estimates in November is concerning. This reckless, irresponsible approach to budgeting is not smart and it is not fair. I hope that future Legislative Leadership understands that the people expect them to be good stewards of Kansas taxpayers’ dollars and that means working until the job is done right, even during election years.”

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