Tax revenues

Industrial revenue bonds are issued by cities, counties and the Kansas Development Finance Authority, and proceeds are used for companies expanding or locating new or existing facilities, according to the Kansas Department of Commerce. Benefits of the bonds include a low interest rate and partial or full property tax abatement for up to 10 years.

Sales tax collections are a good economic indicator of how consumers are spending.

At the end of May, tax collections totaled nearly $704 million, which was $42.5 million or 6.4% above projections and 7% higher than the same time last year.

A Muscogee Nation citizen who is challenging Oklahoma's income tax authority is taking her case to the U.S. Supreme Court, arguing the potential ruling, or lack thereof, could have serious financial implications for tribal nations.

Tax collections in Kansas shrank last month compared to December 2017. Some types of tax collections sagged, but the state still beat the December...