Overview Financial Marquee Feb 2026
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February Total Tax Collections at $506.3M; 10.3% Below Estimate

Gov. Laura Kelly delivers the annual State of the State speech Wednesday in the Kansas House. She urged the 2025 Kansas Legislature to invest in K-12 public schools, water resources and early-childhood initiatives. She also warned the Republican-led Legislature to be wary of unsustainable tax reductions. (Grace Hills/Kansas Reflector)
Gov. Laura Kelly delivers the annual State of the State speech Wednesday in the Kansas House. She urged the 2025 Kansas Legislature to invest in K-12 public schools, water resources and early-childhood initiatives. She also warned the Republican-led Legislature to be wary of unsustainable tax reductions. (Grace Hills/Kansas Reflector)

The State of Kansas ends February 2026 with total tax collections at $506.3 million. That is $58.4 million, or 10.3%, below the estimate. Total tax collections were down 7.6% from February 2025.  

“February’s report reflects that revenues collected were down nearly $59 million, at the same time the Legislature is building their budget,” Governor Laura Kelly said. “The Legislature should keep in mind the structural imbalance their past budget created and look to my budget for a path to rectify the unsustainable imbalance over time.”

Individual income tax collections were $205.7 million. That is $44.3 million, or 17.7% below the estimate. Individual income tax collections were down 14.1% from February 2025. Corporate income tax collections were negative $349,104. That is $15.3 million, or 102.3% below the estimate, and down 102.1% from February 2025.

Combined retail sales and compensating use tax receipts were $253.4 million, which is $433,844, or 0.2% above the estimate, and up 2.6% from February 2025.    

Click here to view the February 2026 revenue numbers.