Kansas sees taxes fall 5.3% short of expections in November

TOPEKA, Kan. (AP) — Kansas collected 5.3% less in taxes than it expected in November. The report Thursday from the state Department of Revenue marked the first time in more than two years that collections have fallen short of the state’s monthly target. The shortfall was $36 million, but the department’s report came only three weeks after state officials and university economists revised the state’s revenue projections to make them more optimistic. The new fiscal forecast predicted Kansas would collect $678 million in general tax revenues in November, and it took in $642 million. That was the first time tax collections failed to hit a monthly projection since July 2020.