Kansas revenue forecast shows sliding income tax collections and budget shortfalls

Kansas revenue forecast shows sliding income tax collections and budget shortfalls

Shirley Morrow, director of the Kansas Legislative Research Department, provides an update on consensus revenue estimates during an April 20, 2026, news conference at the Statehouse in Topeka. (Photo by Anna Kaminski/Kansas Reflector)TOPEKA — Kansas revenue forecasters expect income tax collections to fall below previous predictions for this year and next, complicating a budget outlook that shows the state plunging deep in the red for the next f…

State revenue forecast foretells budget shortfalls - The Iola Register

Revenue forecasts expect an ongoing budget shortfall to continue over the next five yeas, primarily due to cratering income tax collections. TOPEKA — Kansas revenue forecasters expect income tax collections to fall below previous predictions for this year and next, complicating a budget outlook that shows the state plunging deep in the red for the next five years. A group of economists from two state agencies, the Kansas Legislative Research Dep…

Revenue forecasters predict budget, economic stability despite risks

Despite an international conflict, quick and unpredictable swings in the stock market, higher agricultural inputs and rising interest rates, the state's economy and budget are proving to be stable and resilient, state revenue forecasters concluded Monday. The state's Consensus Estimating Group, which includes economists from the University of Kansas, Wichita State and Kansas State, met Monday and revised the state's revenue forecast downward by …