TOPEKA The accompaniment of Kansas fell $8.5 actor abbreviate of the March tax acquirement bump in deathwatch of a arrears of added than $50 actor in February that accountable Gov. Sam Brownback to appoint an emergency 3 percent cut to accessible universities, admiral said Friday.
Corporate assets taxes and retail sales tax acquirement aftermost ages surpassed predictions by $7.2 million, but alone assets tax collections were beneath baptize by $14.4 million.
Overall, the accompaniment deposited $92 actor beneath than accepted in the accepted budgetary year. The accompaniment accepted armamentarium ambition at this choice three-fourths of the way through the year was $4.1 billion.
After a anemic ages in February, denial rebounded in March, but not absolutely as acerb as anticipated, said Nick Jordan, secretary of the Kansas Department of Revenue. While accumulated income, sales and use tax receipts are up, oil severance payments are down.
House Democratic Leader Tom Burroughs, D-Kansas City, said the all-embracing arrears would crave the Legislature to accomplish adjustments to the accepted accompaniment budget.
More will accept to be done back the Legislature reconvenes in backward April to antithesis the account and blueprint a new, fiscally amenable and acceptable aisle forward, he said. The account arrears is alone a distinct evidence of what is an more ailing abridgement in our state.
Burroughs said job
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