November Total Tax Collections at $649.6M; 2.1% Below Estimate

TOPEKA – The State of Kansas ends November 2023 with total tax collections at $649.6 million. That is $13.8 million, or 2.1%, below the estimate. Total tax collections are up 1.1% from November 2022.

Individual income tax collections were $291.8 million. That is $10.7 million, or 3.5%, below the estimate, and down 0.2% from November 2022. Corporate income tax collections were $35.5 million. That is $10.4 million, or 41.5%, higher than the estimate and up 168.8% from November 2022.

Combined retail sales and compensating use tax receipts were $291.0 million, which is $14.2 million, or 4.7%, below the estimate and down $13.9 million, or 4.5%, from November 2022.

Click here to view the November 2023 revenue numbers.

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