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Thursday, November 21, 2024

Kansas' combined tax revenues down 27.3% from Q2 to Q3 2023

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Mark Burghart, Director Department of Revenue | Kansas Department of Revenue

Mark Burghart, Director Department of Revenue | Kansas Department of Revenue

Combined tax revenues in Kansas decreased 27.3% in the third quarter of 2023 in comparison to the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, Kansas collected $2.9 billion in taxes during the third quarter of 2023, compared to $4 billion in the previous quarter.

The majority of the state’s tax revenue was collected through general sales and gross receipts taxes ($1.4 billion) and income taxes ($1.3 billion).

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q3 Kansas Tax Collections
Type of TaxAmount (millions)
Sales and Gross Receipts Taxes$1,433
Income Taxes$1,347
License Taxes$100
Property Taxes$26
Other Taxes$4
Source: U.S. Census Bureau

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