August Another Miss For State Of Kansas Revenue Projections

Kansas is reporting that its tax collections in August fell $10 million short of expectations.

It was the fourth consecutive month that the state has failed to hit its revenue projections. Tax collections have been lower than anticipated 10 of the past 12 months.

The state Department of Revenue reported Thursday that the state collected about $427 million in taxes last month, when a fiscal forecast made in April predicted that the state would take in more than $437 million.

The shortfall is 2.3 percent.

Since the state’s fiscal year began on July 1, it has collected $23 million less in taxes than anticipated, $852 million instead of the predicted $875 million. The gap is 2.6 percent.

Continued revenue shortfalls are complicating the state’s already struggling budget picture.