January revenue up, above expectations
January net general revenues are up because of higher than expected gains in all major tax categories such as sales tax and income tax. Revenue from January was higher than this […]
Monthly Revenue Report: December
Despite smaller than expected revenues from sales tax and individual income tax, December revenues came in above forecast. Higher than expected corporate income tax collections and lower tax refund payments […]
4 things you should know about budget surpluses in Arkansas
Larger surpluses mean a smaller pool of money for major programs like pre-K and often end up benefiting “pet projects.” Surplus spending is harder to track and is not subject […]
Key revenue sources above expectations in August
August net available general revenues are up slightly from last year and beat expectations by $12.3 million (or 3.2 percent) according to today’s report from the Arkansas Department of Finance […]
Declining revenue means Arkansas must work harder to protect children and families
The Arkansas Department of Finance and Administration released the December Revenue Report today. As expected, it’s more bad news for state revenue collections and the state budget. The report only […]