Kansas tax collections decline by 27 percent for February
Posted on February 28, 2010
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The Department of Revenue reported Friday that Kansas collected $71 million less in tax revenues than expected this month, leading one lawmaker to call for additional cuts to the current state budget.
Gov. Mark Parkinson called the numbers bad, and his spokesman, Seth Bundy, said the governor would outline a plan next week to deal with the shortfall. Bundy declined to speculate about its contents.
Other legislative leaders weren’t ready to join House Speaker Mike O’Neal in pushing for new spending cuts. They said they need to know how much of the shortfall is tied to the state’s soft economy and how much to Kansas paying income tax refunds earlier than expected.
Read Full Article Here: Kansas tax collections decline by 27 percent for February – KansasCity.com.
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