Arkansas ends fiscal year with $1.1 billion surplus, state’s ... - KATV

Jul 5, 2023 · The fiscal year ended in Arkansas with a surplus of more than $1.1 billion, which is the state’s second largest, finance officials announced Wednesday.

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Arkansas Ends Fiscal Year With $1.1 Billion Surplus, State’s ... - KATV

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Jul 5, 2023 · The fiscal year ended in Arkansas with a surplus of more than $1.1 billion, which is the state’s second largest, finance officials announced Wednesday.

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Arkansas Ends Fiscal Year With $1.1 Billion Surplus, State’s ... - KAIT

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Jul 7, 2023 · The record for a surplus was set in the previous fiscal year, when Arkansas reported a $1.6 billion surplus. The state has reported its three highest surpluses over the past three …

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Arkansas Budget Surplus Nears $1 Billion - KATV

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Jun 2, 2021 · There’s a good chance Arkansas’ budget surplus at the end of its fiscal year will top $1 billion. State officials released the May 2021 revenue report Wednesday (June 2) that …

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Arkansas Ends Fiscal Year With $1.1 Billion Surplus | Thv11.com

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Jul 5, 2023 · LITTLE ROCK, Ark. — The fiscal year ended in Arkansas with a surplus of more than $1.1 billion, the state's second-largest, finance officials announced Wednesday.

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State Ends Fiscal Year With $1.2 Billion Surplus - Arkansas Senate

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Jul 12, 2023 · Fiscal Year 2023, which just ended, was one of the best in Arkansas history. The state closed out the fiscal year with a budget surplus of $1.161 billion. The grand total of …

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Arkansas Ends Fiscal Year With $1.1 Billion Surplus, State’s Second …

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Jul 7, 2023 · LITTLE ROCK, Ark. (AP) — The fiscal year ended in Arkansas with a surplus of more than $1.1 billion, which is the state’s second largest, finance officials announced …

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Arkansas Ends Fiscal Year With $15M Surplus - KATV

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Tue, 30 Jul 2024 22:42:22 GMT (1722379342833) Story Infinite Scroll - News3 v1.0.0 (common) 74f5ca7514f9b2d6f30ee5a6cbd3f4726f0fe17c

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Arkansas Ends Fiscal Year With $698 Million Surplus, Finance Office ...

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Jul 2, 2024 · Sales-tax collections came in above last year’s numbers but below forecast. Arkansas has reported its four highest surpluses over the past four years. The state last year …

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Arkansas Ends Fiscal Year With $1.1 Billion Surplus, State's Second ...

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Jul 10, 2023 · The record for a surplus was set in the previous fiscal year, when Arkansas reported a $1.6 billion surplus. The state has reported its three highest surpluses over the past …

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Arkansas Ends Fiscal Year With $177.4M Surplus - KATV

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LITTLE ROCK, Ark. (AP) - Arkansas has ended its fiscal year with a $177.4 million surplus.The state Department of Finance and Administration announced Tuesday the state's net available …

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Arkansas Ends Fiscal Year With $1.6 Billion Surplus | KARK

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Jul 5, 2022 · LITTLE ROCK, Ark – As the state of Arkansas closes the book on its business year, officials say it has built up a billion-dollar-plus nest egg. Figures released July 5 by the …

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Arkansas Ends Fiscal Year With Nearly $1 Billion Surplus

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Jul 2, 2021 · The state’s net available revenue for the fiscal year totaled more than $6.8 billion. The state’s previous record was the $409.3 million surplus accumulated in the 2007 fiscal …

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Arkansas Ends Fiscal Year With $295 Million Budget Surplus - KATV

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The Department of Finance and Administration on Tuesday said the state's net available revenue collection for the fiscal year totaled $5. 9 billion, which was $426. 5 million higher than the ...

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Arkansas Surplus Nearing $175M As Fiscal Year End Approaches

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Arkansas finance officials say the state's surplus is nearly $175 million as the end of the fiscal year approaches. The Department of Finance and Administration on Tuesday said the state's …

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Kemp Wants To Use Savings To Boost Georgia Spending, But …

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1 day ago · State lawmakers originally agreed to spend $36.1 billion in state money this year, but Kemp wants to boost spending to $40.6 billion, or 12%. ... including $5.5 billion in its rainy day …

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Arkansas Officials Estimate Budget Surplus To Reach $1.473 Billion

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Jun 2, 2022 · With all key tax categories showing year-over-year gains through 11 months of Arkansas’ fiscal year, state officials project a fiscal-year end budget surplus of $1. 473 billion, …

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Arkansas Tax Surplus Hits $945 Million, With Revenue 20.4% Above …

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Jul 2, 2021 · The state’s tax revenue surplus in the previous two fiscal years totals $1. 315 billion. The Arkansas Department of Finance and Administration (DFA) reported Friday that gross …

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FAQs about Arkansas ends fiscal year with $1.1 billion surplus, state’s ... - KATV Coupon?

Does Arkansas have a surplus?

The record for a surplus was set in the previous fiscal year, when Arkansas reported a $1.6 billion surplus. The state has reported its three highest surpluses over the past three years. Republican lawmakers have cited the state’s surpluses as they’ve pushed for tax cuts in Arkansas in recent years. ...

How much money did Arkansas make In fiscal year?

The Arkansas Department of Finance and Administration said the state’s net available revenue for the fiscal year that ended on Friday totaled nearly $7.2 billion. The state’s individual income taxes came in below last year’s numbers but above what was forecast, while corporate income and sales tax collections were above last year and forecast. ...

Will Arkansas phase out state income tax?

Alexa Henning, a spokesperson for Sanders, said the governor “will continue working to responsibly phase out the state income tax. Henning said that “being financially sound and strong helps keep us moving in that direction.” Arkansas has ended the fiscal year with its second largest surplus in history. ...

Will state surpluses be set aside for other needs?

Republican lawmakers have cited the state’s surpluses in the push for further tax cuts in recent years, while advocacy groups and Democrats have urged the Legislature to put money toward other needs. Under the latest tax-cut measure, $290 million of the state’s surplus will be set aside for the state’s reserves in case of an economic downturn. ...

Will state revenues Budge in 2026 budget year?

But the Republican is projecting that state revenues will barely budge in the 2026 budget year that begins July 1. State lawmakers originally agreed to spend $36.1 billion in state money this year, but Kemp wants to boost spending to $40.6 billion, or 12%. ...

Should Georgia pay for construction & renovations using surplus cash?

Kemp is proposing to again pay for construction and renovation using the state’s surplus cash instead of borrowing money. The governor proposes spending an additional $709 million in the amended 2025 budget and $867 million in the upcoming 2026 budget. Officials say by paying cash, Georgia will avoid $1.5 billion in interest payments over 20 years. ...