Arkansas Revenue Outpacing 2024 Proceeds in September Department of Finance and Administration Report

Arkansas revenue outpacing 2024 proceeds in September Department of Finance and Administration report

LITTLE ROCK, Ark. – The September report from the Arkansas Department of Finance and Administration shows net revenue is above what it was this date a year ago, despite a drop in September’s income. The report shows net available general revenue for the fiscal year at $1,762.4 million, which is $27.1 million, or 1.6%, above what it was at this time last year, according to the monthly report. This is despite net revenue for September being $636.3…

State Tax Revenue Falls 8% in September

Arkansas’ net available general revenue totaled $636.3 million, down $55.3 million, or 8%, from last year, the state Department of Revenue and Finance (DFA) reported Thursday. The sum was $1.8 million, or 0.3%, below forecast. Gains in individual income tax and sales tax offset lower corporate income tax collections, the department said. Most smaller revenue sources met or exceeded projections. In a statement, DFA Secretary Jim Hudson said the f…

Arkansas’ general revenues dipped in September | Northwest Arkansas Democrat-Gazette

Arkansas state government's general revenues in September declined by $56.6 million or 7.2% from the same month a year ago to $726.6 million, but narrowly beat the state's latest forecast by about $600,000 or 0.1%, the state Department of Finance and Administration reported Thursday.