Kansas Sees Revenue Shortfall In March
Kansas officials are blaming a shortfall of nearly $57 million in state tax collections in March on delays in federal tax deadlines forced by congressional wrangling on fiscal issues.
The Department of Revenue reported Friday that the state collected almost $364 million in taxes in March. It had expected to take in more than $420 million.
But the department noted that collections for the fiscal year that started in July are slightly ahead of the state's projection that it would collect $4.24 billion through March. For the past nine months, the state is about $9 million ahead, or two-tenths of 1 percent.
Congress settled some tax issues in January, forcing the federal government to delay some filing deadlines and resulting in later tax collections in Kansas.