The Car That Wasn't and Tax Revenue Momentum
Revenue officials report fiscal year gains across income, sales, and excise taxes. May collections reached $78.4 million in individual and corporate income tax for 11 months, with withholding at $16.3 million. Sales taxes climbed to $90.5 million, and overall tax intake totaled $273.6 million, up sharply from a year ago. Leonard H. Axe notes general fund deposits through April at $171.2 million, exceeding estimates. Strong winds gusted up to 58 mph in Kansas.
MENTIONED IN THIS ARTICLE
Leonard H. Axe
General Fund
Advent of June Fails to Raise Readings
The advent of June did not lift unseasonably cool air across the eastern and northern United States. Ohio broke a record with 39 degrees at Canton airport, a mark set in 1905. Shallow warmth appeared only in places, while large sections of the South stayed cool with 40s to 50s readings and thunderstorms bruised Kansas areas.
MENTIONED IN THIS ARTICLE
Ohio
Canton
South
North Carolina
Georgia
Florida
State May Revenue Peak Reported in Kansas
TOPEKA Kansas higher income tax rates and withholding advance boosted May revenues to a record $50 million up $24 million from a year earlier Individual income tax receipts rose from $10.8 million to $24.8 million withholdings totaling $6 million sales tax collections also grew in May reflecting the tax changes and stronger activity.
MENTIONED IN THIS ARTICLE
Topeka
Kansas
Department of Revenue
May Receipts Boost Annual Total Attributable to Increase
The period shows receipts of $946 269 in May and an overall rise of $1 9 million from the same month a year earlier, contributing to the year total.
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Panhandle
Texas
Oklahoma
Lawrence Fire Department
Kansas University
Potter Lake
Mt. Oread
Journal-World Photo
Journal-World
Roland Lamb
KU Sweatshirt
Associated Press
Kentucky
Lawrence
KRAFT
Otis E. Bricker
Eldridge
Acousticon Bricker, Co
E. 7Th
John Haddock Au
Brien Plumbing Co
19Th & Mass
Norelco Stereo FM
Knjpidronics Radio
Seersucker
Singer Today
Compal
Avi
Cessna
F.A.A. Examiner
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