State of Arkansas reports $1.16 billion general revenue surplus in ...

Jul 5, 2023 · In fiscal 2023, the state's net general revenues totaled $7.1 billion, a $292 million decline from fiscal 2022, according to the finance department.On May 17, the finance …

$1.16
OFF

State Of Arkansas Reports $1.16 Billion General Revenue Surplus In ...

4 weeks from now

Jul 5, 2023 · In fiscal 2023, the state's net general revenues totaled $7.1 billion, a $292 million decline from fiscal 2022, according to the finance department.On May 17, the finance …

arkansasonline.com

$1.16
OFF

State Reports $1.16 Billion Surplus, Second-largest In History

4 weeks from now

The state ended the last fiscal year, which wrapped up on June 30, with a surplus of $1.16 billion, the second largest in Arkansas history. The state has ended the past three years with a …

ground.news

$1
OFF

State's Latest Budget Forecast Projects Shrinking Surplus, …

4 weeks from now

Dec 4, 2024 · It shows a $1.1 billion decrease from the prior estimate in February which had predicted a $1.7 budget billion surplus during the 2026-27 fiscal biennium that begins July 1, …

mn.gov

$500
OFF

States Tapping Historic Surpluses For Tax Cuts And Rebates

4 weeks from now

Aug 31, 2022 · JEFFERSON CITY, Mo. — Stoked by the largest surplus in state history, Missouri’s Republican-led Legislature devised a $500 million plan to send one-time tax refunds …

columbian.com

8%
OFF

Report Likely To Show State Surplus Coming To An End

4 weeks from now

Nov 9, 2023 · And just two years ago, the state shattered all modern records, closing $4.3 billion in the black, a 20.8% surplus, larger than the second- and third-largest ever combined. But …

rep-am.com

$51
OFF

NJ 2023 Budget: Spending Record Nearly $51 Billion For Murphy

4 weeks from now

Jun 29, 2022 · Democratic lawmakers on Wednesday approved the biggest budget in state history, a $50.6 billion spending plan that now heads to Gov. Phil Murphy for final approval …

northjersey.com

6%
OFF

Gov. Beshear: Kentucky Just Reported The Highest Annual Growth …

4 weeks from now

Jul 11, 2022 · The Office of State Budget Director reported 14.6% growth over last year and noted that General Fund receipts totaled $14.7 billion, exceeding the budgeted estimate by $945.4 …

kentucky.gov

$17
OFF

State Spent Everything Everywhere All At Once, Then Reality Bit

4 weeks from now

Dec 9, 2023 · That reality was not being given much thought when the Legislature, led by Democrats and buoyed by a record $17 billion revenue surplus that had accumulated since …

startribune.com

$4.05
OFF

Minnesota Has Biggest Budget Surplus In Its History

4 weeks from now

Dec 7, 2021 · The state has seen sizable positive budget balances before, but the scale of the current estimate is vastly different. The next largest budget surplus ever reported was $4.05 …

minnesotareformer.com

41%
OFF

Idaho Is Banking On A $1.9B Surplus. Here’s A ... - Idaho Education …

4 weeks from now

The second largest revenue source is sales tax. In 2021, the state collected $2.004 billion in sales taxes. That’s about 41% of revenue. That’s up from $1.689 billion in 2020. The third largest …

idahoednews.org

$4
OFF

CT On Pace For Another Multibillion-dollar Budget Surplus

4 weeks from now

Sep 21, 2022 · Less than three months after the state closed the 2021-22 fiscal year with a staggering $4.3 billion surplus, Connecticut again is piling up the black ink in huge numbers. …

hartfordbusiness.com

$7
OFF

Governor Murphy Signs Fiscal Year 2024 Budget Into Law

4 weeks from now

Jun 30, 2023 · Continues Path of Fiscal Responsibility with Another Full Pension Payment of $7.1 Billion and Surplus of over $8 Billion ... the budget includes an additional $116 million for pre …

nj.gov

$56
OFF

FAQs about State of Arkansas reports $1.16 billion general revenue surplus in ... Coupon?

How much is the state budget surplus?

Depending on the size of a state's budget that might not be very much but in at least 29 of those states, the surplus was actually more than $1 billion. The total for those 29 states is more than $173.9 billion in additional funds. In many cases, the surplus is from state tax revenue that went far beyond projections. ...

What is the largest budget surplus ever reported?

The largest budget surplus ever reported, without adjusting for inflation, was $4.05 billion in February 1999. Currently, Minnesota has a budget surplus of $3.1 billion, which far eclipses past reported surpluses. If you are experiencing whiplash watching recent budget projections emerge from MMB, you are not alone. ...

How much money did all 50 states run a budget surplus?

Reports from across the U.S. found that all 50 states ran a budget surplus in the millions of dollars. Depending on the size of a state's budget that might not be very much but in at least 29 of those states, the surplus was actually more than $1 billion. The total for those 29 states is more than $173.9 billion in additional funds. ...

How much is the 2026-27 budget surplus?

It shows a $1.1 billion decrease from the prior estimate in February which had predicted a $1.7 budget billion surplus during the 2026-27 fiscal biennium that begins July 1, 2025. That surplus is now forecast to be $616 million. ...

Will Oregon return a billion-dollar budget surplus?

Many states are currently sitting on billion-dollar budget surpluses thanks to COVID funding and the Fact Check Team is digging into how Americans' tax dollars are being spent. (TND) Oregon is the only state that’s automatically going to return some of that surplus back to the taxpayer if it's big enough. ...

Will Oregon return surplus to taxpayers if it's big enough?

(TND) Oregon is the only state that’s automatically going to return some of that surplus back to the taxpayer if it's big enough. The rest will have to balance their budgets and get them passed by the state government. Balanced budget requirements are rules that prohibit states from spending more than they collect in revenue. ...