by - March 4, 2025 9:57 am
Expected income tax revenue declines from tax cuts approved in 2024 have resulted in a 2.6% dip in Arkansas’ tax revenue through February, with the state collecting $138.1 million less…
by - January 3, 2025 10:39 am
Arkansas’ fiscal year-to-date (July 2024-December 2024) tax revenue is $3.973 billion, down 2.9% compared with the same period in the previous fiscal year, according to Friday’s (Jan. 3) report from…
by - December 3, 2024 10:50 am
Arkansas’ fiscal year tax revenue surplus is estimated to be $278.6 million, below the $698.4 million surplus in the previous fiscal year, with the decline primarily the result of income…
by - November 4, 2024 11:40 am
Arkansas’ fiscal year-to-date (July 2024-October 2024) tax revenue is down 3.2% compared with the same period in the previous fiscal year, but is 1.1% above budget estimates. October collections were…
by - October 2, 2024 3:48 pm
Arkansas’ fiscal year-to-date (July 2024-September 2024) tax revenue is down 2.6% compared with the same period in the previous fiscal year. September collections were down 2.3% with the decline primarily…
by - August 2, 2024 12:30 pm
Arkansas tax revenue began the new fiscal year (July 2024-June 2025) with $614 million, down 4.3% compared with July 2023, and 0.3% above the budget forecast, according to a report…
by - July 2, 2024 2:29 pm
Arkansas tax revenue totaled more than $8.7 billion in the fiscal year ending June 30, with the Arkansas Department of Finance and Administration (DFA) reporting Tuesday (July 2) an annual…
by - June 4, 2024 10:09 am
An almost $80 million gain in sales tax revenue was not enough to offset income and corporate tax revenue declines, leaving overall Arkansas tax revenue down 1.1% in the first…
by - May 16, 2024 2:18 pm
Arkansas legislators received a nice surprise Wednesday (May 15) when the Arkansas Department of Finance and Administration (DFA) revised the fiscal year 2024 revenue surplus estimate from $240 million to…
by - May 2, 2024 6:35 pm
Continued gains in sales and use tax revenue helped push total Arkansas tax revenue up 1.4% in the first 10 months of the fiscal year (July 2023-April 2024). Fiscal year…
by - April 2, 2024 10:59 am
Sales tax and income tax gains pushed Arkansas’ total tax revenue up more than 3% in March, but year-to-date revenue is down 1.5%, according to a report posted Tuesday (April…
by - March 4, 2024 10:03 am
Tax revenue is down 2% in Arkansas’ fiscal year, with a revised general revenue forecast including an estimated fiscal year-end surplus of $240.5 million, according to a report posted Monday…
by - February 2, 2024 10:58 am
State tax revenue totaled $4.86 billion in the first seven months (July 2023-January 2024) of the fiscal year, down 1.8% compared with the same period in the previous fiscal year,…
by - January 3, 2024 11:11 am
State tax revenue totaled $4.093 billion in the first six months (July-December) of the fiscal year, down 1.3% compared with the same period in 2022, and up 6.7% against the…
by - December 4, 2023 11:08 am
State tax revenue totaled $3.324 billion in the first five months (July-November) of the fiscal year, down 1.4% compared with the same period in 2022, and up 5.6% against the…
by - October 3, 2023 10:33 am
Total Arkansas tax revenue in the first fiscal quarter (July-September 2023) was $2.057 billion, down 1.1% compared with the same period of 2022, but 6.9% above the forecast. The state’s…
by - September 5, 2023 10:20 am
Helped in part by gains in auto and retail sales, Arkansas’ tax revenue in the first two months (July-August 2023) of the fiscal year was $1.256 billion, up 2.1% above…
by - August 2, 2023 9:54 am
Arkansas began the new fiscal year with total tax revenue of $643.3 million in July, up 4.5% compared with July 2022 and 3.5% above the budget forecast, according to a…
by - July 5, 2023 10:56 am
Arkansas ended the fiscal year with a $1.161 billion tax revenue surplus driven in part by a more than 8% growth in sales tax collections. But recent federal data suggests…
by - June 2, 2023 10:45 am
Arkansas’ fiscal year-to-date (July 2022-May 2023) tax revenue is up 0.4% compared with the same period in the previous fiscal month, and the revised budget indicates the state will end…
