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LIBERTARIAN NEWSWIRE
LIBERTARIAN NEWSWIRE
LIBERTARIAN NEWSWIRE

Kansas state tax revenue exceeds estimate by 6.1% in first quarter of budget year

By Brittany Kosin

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October 8, 2026

Kansas collected $2.57 billion in taxes during the first quarter of the 2027 fiscal year, surpassing projections by $147 million. The Kansas Department of Revenue report showed taxes collected by the state during the first quarter of the 2026 fiscal year amounted to $2.36 billion. That was $208.5 million, or 8.8%, less than in the same point in the current fiscal year.

“Three months into the new fiscal year, the results are encouraging,” said House Speaker Dan Hawkins, a Wichita Republican. “There will always be ups and downs from month to month, but after a full quarter, these are numbers worth paying attention to.”

In the first quarter of this fiscal year, Kansas took in $53.8 million more than anticipated in corporate income tax and $50.7 million more than projected in individual income tax. In addition, revenue from sales exceeded the projection by $30.6 million.

“We’ve spent years proving that every additional dollar that comes into Topeka doesn’t automatically have to become another dollar of government spending,” said Hawkins, a candidate for state insurance commissioner.

In September, corporate income tax receipts submitted to the state government were $58.2 million above the official estimate, while individual income tax collections were $13.3 million below the prediction. Retail sales taxes owed the state hit $308.6 million in September, which was $2.8 million above the estimate.

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