November 30, 2012 – Kansas collected slightly more in taxes than anticipated in November, but the state is still facing a self-inflicted budget shortfall that could force it to trim spending. The state Department of Revenue’s report Friday pleased Gov. Sam Brownback and officials in his administration, who see it as part of a growing body of evidence that the state’s economy is not only stronger than it was a year ago but continuing to improve. Brownback told The Associated Press that he’s seeing other positive signs, such as renewed interest in oil production and solid holiday retail sales. The state collected about $441 million in taxes in November, when a fiscal forecast predicted it would take in less than $439 million. The difference is $2.6 million, or six-tenths of 1 percent.
Link to Full Article: http://cjonline.com/news/2012-11-30/state-tax-collections-slightly-exceed-expectations