December total tax collections below estimate

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The State of Kansas ends December 2025 with total tax collections at $1.07 billion. That is $58.7 million, or 5.2 percent below the estimate. Total tax collections were down 4.8 percent from December 2024.

“The new year begins with missing the December tax collection estimate by nearly $59 million. Individual income tax collections were reported down $37 million while corporate income tax continues to be significantly below 2024 levels, coming in nearly $22 million below estimate,” said Governor Laura Kelly. “These numbers underscore that while recent tax returns have been positive, there is no guarantee these trends continue. We must maintain the fiscally responsible, disciplined approach to the budget I have advocated for during my seven years as governor.”

Individual income tax collections were $448 million. That is $37 million, or 7.6 percent, below the estimate. Individual income tax collections were down 0.8 percent from December 2024. Corporate income tax collections were $223.1 million. That is $21.9 million, or 8.9 percent, below the estimate, and down 19 percent from December 2024.

Combined retail sales and compensating use tax receipts were $286.7 million, which is $1.7 million, or 0.6 percent, above the estimate, and up 0.5 percent from December 2024.

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