TOPEKA – The State of Kansas ends February 2025 with total tax collections at $548.2 million. That is $121.9 million, or 28.6%, above the estimate. Total tax collections are up 5.1% from February 2024.
Click here to view the February 2025 revenue numbers.
“While our tax collections this month highlight the strength of Kansas' economy, we must continue to exercise caution and uphold fiscal responsibility to ensure long-term financial stability and prosperity for all Kansans,” Governor Laura Kelly said.
Individual income tax collections were $239.4 million. That is $149.4 million, or 166.0% above the estimate, and up 37.9% from February 2024. Corporate income tax collections were $16.3 million. That is $3.7 million, or 18.7% below the estimate, and down 22.8% from February 2024.
Combined retail sales and compensating use tax receipts were $247.1 million, which is $1.1 million, or 0.4% above the estimate, and down $5.5 million, or 2.2%, from February 2024.