Quantcast

Kansas Tax Collections Jump - KOAM TV 7

Kansas Tax Collections Jump

Updated:

       Kansas collected $165 million in taxes more than expected in January, raising some legislators' hopes that they'll have more money than they thought for meeting a court mandate to increase spending on public schools.   However, it's not clear whether the jump is part of a larger trend, or merely a momentary spike due to changes in federal tax law.
    Revenue Secretary Sam Williams said Thursday that federal tax changes enacted late last year encouraged people to pay state and local tax bills before 2017 ended.
    
    The state Department of Revenue's report Thursday of a more than 28 percent surplus in monthly tax collections came a day after new Republican Governor Jeff Colyer took office facing a contentious debate in the GOP-controlled Legislature over education funding. 
    The Kansas Supreme Court ruled in October that spending on schools is inadequate under the state constitution.
    
    Lawmakers in both parties have little appetite for increasing taxes after boosting income taxes last year by an estimated $600 million annually to help stabilize the budget. They also oppose making deep cuts elsewhere in the budget so that new dollars can be transferred to public schools.
    
    The Department of Revenue reported that Kansas took in nearly $747 million in taxes last month. The state had expected tax collections of $582 million.
    
    It was the eighth consecutive month tax collections have exceeded expectations. Since the current fiscal year began July 1, the state has collected $3.9 billion in taxes. That is $249 million more than anticipated and a surplus of 6.7 percent.

   
 

  • NewsMore>>

  • A Joplin Officer and Wife Killed in Crash

    A Joplin Officer and Wife Killed in Crash

    Friday, July 20 2018 5:25 PM EDT2018-07-20 21:25:49 GMT
    David and Stacey BrewerDavid and Stacey Brewer

    According to the Cherokee County Sheriff's Office, the two-vehicle crash happened at NW 100th and Highway 160 west of Columbus, Kansas around 9:59 a.m. Friday morning, July 20th, 2018. Authorities say the preliminary investigation indicates a 2014 Harley Davidson motorcycle was heading west on Highway 160 when a 2007 Pontiac passenger car pulled onto the highway and the two vehicles collided. 42-year-old David Brewer was driving the motorcycle. His wife, 41-year-old Stacey Brewe...

    More >>

    According to the Cherokee County Sheriff's Office, the two-vehicle crash happened at NW 100th and Highway 160 west of Columbus, Kansas around 9:59 a.m. Friday morning, July 20th, 2018. Authorities say the preliminary investigation indicates a 2014 Harley Davidson motorcycle was heading west on Highway 160 when a 2007 Pontiac passenger car pulled onto the highway and the two vehicles collided. 42-year-old David Brewer was driving the motorcycle. His wife, 41-year-old Stacey Brewe...

    More >>
  • Miami Arson/Burglary Arrest, Court Documents Received

    Miami Arson/Burglary Arrest, Court Documents Received

    Friday, July 20 2018 2:01 PM EDT2018-07-20 18:01:20 GMT
    Joseph WilliamsJoseph Williams
    Joseph WilliamsJoseph Williams
    KOAM/FOX 14 receives court documents after a Miami, Oklahoma man is arrested for arson, burglary and drug possession. The Ottawa County Prosecutor's Office has charged 29-year-old Joseph Williams with the following: -One count of second degree arson (felony) for setting fire to Anders Shoes located at 27 South Main Street on July 10th, 2018 -Two counts of second degree burglary (felony) for breaking and entering into Anders Shoes twice in July of 2018 -One count of possession of...More >>
    KOAM/FOX 14 receives court documents after a Miami, Oklahoma man is arrested for arson, burglary and drug possession. The Ottawa County Prosecutor's Office has charged 29-year-old Joseph Williams with the following: -One count of second degree arson (felony) for setting fire to Anders Shoes located at 27 South Main Street on July 10th, 2018 -Two counts of second degree burglary (felony) for breaking and entering into Anders Shoes twice in July of 2018 -One count of possession of...More >>
  • 17 Dead After Branson Duck Boat Sinks

    17 Dead After Branson Duck Boat Sinks

    Friday, July 20 2018 4:38 PM EDT2018-07-20 20:38:51 GMT
    Branson Duck BoatBranson Duck Boat

    Authorities say 17 people are dead and all are accounted for after a duck boat capsizes in Branson, Missouri.

    More >>

    Authorities say 17 people are dead and all are accounted for after a duck boat capsizes in Branson, Missouri.

    More >>
Powered by Frankly

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by Frankly, Inc. All content © Copyright 2000 - 2018 KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.