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…
by - May 2, 2023 10:49 am
With just two months remaining in Arkansas’ fiscal year, tax revenue is on track to beat the record collections in the previous fiscal year. Also, the state’s revenue surplus was…
by - April 4, 2023 11:05 am
Arkansas tax revenue in the first nine fiscal months of the year (July 2022-March 2023) totaled $6.192 billion, up 5% compared with the same period in the previous fiscal year…
by - March 2, 2023 11:11 am
Arkansas consumers continue to spend in the face of persistent inflation. The state’s sales tax revenue in the first eight months of the fiscal year is up 9.3%, with February…
by - February 2, 2023 12:23 pm
Another month, another similar growth story with Arkansas’ tax revenue. Total revenue in the January report was $807 million, up 3.2% compared to what was a healthy January 2022, and…
by - January 4, 2023 10:14 am
If the economy is slowing, no one told Arkansas businesses and consumers. In the December report, fiscal year-to-date Arkansas tax revenue totaled $4.145 billion, up 6.4% compared with the same…
