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________________________________________________________________________
*For Immediate Release: *
June 2, 2025
*Contact: *
Keira Beatty
[email protected] <
[email protected]>
May Total Tax Collections Over $657M;
31.7% Above Estimate
*
TOPEKA* – The State of Kansas ends May 2025 with total tax collections at $657.7 million. That is $158.3 million, or 31.7%, above the estimate. Total tax collections were down 0.2% from May 2024.
“Surpassing estimates this month is a positive indicator, but we remain diligent and focused on maintaining long-term financial health,” *Governor Laura Kelly said.*
Individual income tax collections were $314.7 million. That is $144.7 million, or 85.1% above the estimate, and up 3.1% from May 2024. Corporate income tax collections were $29.2 million. That is $840,880, or 2.8% below the estimate, and down 26.8% from May 2024.
Combined retail sales and compensating use tax receipts were $282.1 million, which is $11.1 million, or 4.1% above the estimate, with no change from May 2024.
Click *here [ [link removed] ] *to view the May 2025 revenue numbers.
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