Kansas tax revenues revert back to 2005 levels
By Gene Meyer
Kansas state and local tax revenues during the 2009 third quarter were drop kicked back to about 2005 levels, the U.S. Census Bureau estimated. Kansas tax revenues from July to September dropped approximately 10.3 percent from year-earlier levels to $1.47 billion, the bureau reported Tuesday in its latest Quarterly Summary of State and Local Tax Revenue report on tax collection trends across the U.S. That is the lowest third quarter reading for the state since 2005, when collections totaled $1.42 billion (Read More).