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, according to a media release from Governor Kelly's office.
Click here to view the May 2025 revenue numbers.
“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.