by - March 3, 2020 3:18 pm
Better than expected payroll tax revenue and auto sales helped push state tax revenue above estimates. Year-to-date gross general tax revenue (July-February) totaled $4.531 billion, up 4.3% from the same…
by - January 3, 2020 1:06 pm
Year-to-date gross general tax revenue (July-December) totaled $3.376 billion, up 3.4% from the same period in 2018, with a gain in sales tax revenue and a rebound in auto sales…
by - December 3, 2019 3:48 pm
Year-to-date gross general tax revenue (July-November) totaled $2.763 billion, up 3.9% from the same period in 2018, with a healthy gain in sales tax revenue and payday timing helping boost…
by - November 4, 2019 3:21 pm
Heading into the all-important holiday season, Arkansas budget coffers in October were bolstered by healthy across-the-board tax collections in every major category, pushing funds available for state government use well…
by - July 2, 2019 6:09 pm
Arkansas budget coffers overflowed with a surplus of nearly $300 million at the end of fiscal year 2019 but state tax officials are budgeting conservatively for the next 12 months…
by - March 4, 2019 4:42 pm
Arkansas tax collections fell short of expectations in February due to thousands of federal employees across the state impacted by the partial government shutdown last month, state budget officials said…
by - September 5, 2018 12:40 pm
Arkansas tax collections were up across all categories in August as the state’s economy gained momentum heading into the post-Labor Day lull before turning the corner toward the all-important holiday…
by - June 4, 2018 2:22 pm
As Arkansas budget officials wind down the end of fiscal 2018, Gov. Asa Hutchinson gave a “solid” rating to the state’s economy Monday (June 4) as revenue collections came in…
by - May 2, 2018 2:18 pm
Two months before the end of fiscal year 2018, state budget coffers are nearly $54 million ahead of forecast despite lukewarm tax collections in April after more Arkansans received bigger…
by - April 3, 2018 4:41 pm
Year-to-date Arkansas tax revenue continues to trend above expectations even with a March revenue report that was 0.5% below the forecast. Much of the dip in March was tied to…
by - March 4, 2018 11:53 am
Arkansas’ tax vault is holding $151 million more in revenue than expected through the first eight months of the fiscal year thanks in large part to an improving jobs picture,…
by - January 3, 2018 1:11 pm
Robust holiday sales receipts bolstered tax collections in December after Arkansas budget officials revised the state’s official general revenue forecast heading into the upcoming fiscal session that begins in early…
by - December 4, 2017 12:46 pm
State tax collections in November were mostly flat ahead of the all-important Christmas shopping season as Arkansas households appear reticent to hike spending during the holiday although consumer confidence across…
by - November 2, 2017 4:03 pm
Fiscal year-to-date (July to October) total tax collections in Arkansas reached $2.079 billion, up 1.4% compared to the same period last year. Sales tax revenue, a sign of consumer and…
by - October 3, 2017 1:54 pm
Arkansas’ economy continues to see broad-based growth in the first quarter of fiscal 2018 even as state revenue collections remained mostly flat, caused mainly by a continued decline in new…
by - September 5, 2017 1:03 pm
Revenue collections in the second month of fiscal 2018 came in flat as several major tax categories were below forecast, although U.S. national data show consumer confidence is at a…
by - August 2, 2017 4:17 pm
Robust individual and corporate income tax collections and an unexpected $1.4 million boost from the State Auditor’s Office unclaimed property program improved the state’s budget profile at the start of…
by - July 5, 2017 1:26 pm
Arkansas budget coffers were brimming in June as tax collections in all major categories came in well above forecast and the state’s financial books for fiscal 2017 were closed with…
by - June 2, 2017 1:12 pm
Arkansas tax revenue collections in May were well above a recently revised forecast mainly because of improved sales and use tax revenue and inflows in other major tax categories. But…
by - May 2, 2017 9:18 pm
April gross tax revenue was up almost 4% compared to April 2016 and up almost 2% above the forecast, but it was not nearly enough to put a dent in…
