State surplus now projected to pass $708M - Arkansas Democrat …

May 16, 2024 · State surplus now projected to pass $708M ... The Arkansas Department of Finance and Administration on Wednesday significantly boosted its projection for the state …

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State Surplus Now Projected To Pass $708M - Arkansas Democrat …

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May 16, 2024 · State surplus now projected to pass $708M ... The Arkansas Department of Finance and Administration on Wednesday significantly boosted its projection for the state …

arkansasonline.com

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Tax Cut For Arkansans Being Considered After $708M Surplus Update

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All of that has brought in more money than the state expected in their 2024 budget, which follows a trend of record funds in recent years, ($945M in 2021, $1.6B in 2022, and $1.2B in 2023).

msn.com

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Tax Cut Possible For Arkansas Following $708M Surplus Update

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May 21, 2024 · Tax cut for Arkansans being considered after $708M surplus update ... All of that has brought in more money than the state expected in their 2024 budget, which follows a trend …

thv11.com

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State Projects $712 Million Surplus While Austerity ... - Arkansas …

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Jun 4, 2024 · Eleven months into the state fiscal year, Arkansas’s projected year-end surplus is $712.2 million, the Department of Finance and Administration announced today. That comes …

arktimes.com

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State Tax Revenue Rises 17% In May As Projected Year-End …

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Jun 5, 2024 · The projected year-end surplus jumped from $240.5 million in February. The fiscal year ends June 30. ... State Tax Revenue Rises 17% in May as Projected Year-End Surplus …

arkansasbusiness.com

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$1 Billion Surpluses Aren’t A Reality Anymore, State’s Budget …

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Oct 8, 2024 · He said state Department of Finance and Administration officials have projected a general revenue surplus of about $280 million in fiscal year 2025 that started July 1 and ends …

nwaonline.com

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Budget Talks Start For State Agencies - Arkansas Democrat-Gazette …

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Oct 9, 2024 · top individual income tax rate from 4.4% to 3.9% and the state’s top corporate income tax rate from 4.8% to 4.3%, both retroactive to Jan. 1, 2024, and authorized the …

arkansasonline.com

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Upcoming Events - The Arkansas Democrat-Gazette

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May 20, 2023 · The Arkansas Department of Finance and Administration is now projecting a $1.035 billion general revenue surplus at the end of fiscal 2023 on June 30 -- up from its Nov. …

arkansasonline.com

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State Surplus Predicted Near $1.5 Billion By June 30 ... - Arkansas …

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May 20, 2022 · As expected, the Arkansas surplus will be far more than the recently topped $1 billion level, according to a new forecast reported this morning by Michael Wickline in the …

arktimes.com

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Arkansas Ends FY23 With $1.16 Billion Surplus ... - Arkansas Advocate

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Jul 6, 2023 · The surplus comes a year after Arkansas’ record $1.628 billion surplus in fiscal 2022 that led to a special legislative session to implement and accelerate tax cuts. A combination of …

arkansasadvocate.com

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Arkansas’ $1.161 Billion Surplus Similar To Other States

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Jul 9, 2023 · In April, Justice announced he is running next year for the U.S. Senate seat held by Democrat Joe Manchin. Arkansas' general revenue surplus of $1.161 billion in fiscal 2023 that …

arkansasonline.com

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Surplus In ’25 Forecast At $278.6M - PressReader

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Nov 16, 2024 · Catalog; For You; Arkansas Democrat-Gazette. Surplus in ’25 forecast at $278.6M Finance department revises down from previous projection 2024-11-16 - MICHAEL R. …

pressreader.com

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Arkansas Projects 2024 General Revenue Surplus Of $240.5M, Down …

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Feb 5, 2024 · In its revised general revenue forecast, the state Department of Finance and Administration on Thursday projected a general revenue surplus of $240.5 million in fiscal …

magnoliabannernews.com

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State Surplus Forecast Sliced Now To $280M - PressReader

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Aug 23, 2024 · Catalog; For You; Arkansas Democrat-Gazette. State surplus forecast sliced now to $280M Reduction a consequence of lower income tax rates 2024-08-23 - MICHAEL R. …

pressreader.com

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Arkansas Could See Accelerated Tax Cuts Thanks To State Surplus - KY3

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Jul 11, 2022 · HARRISON, Ark. (KY3) - As the fiscal year came to an end in June, Arkansas set a record in state income surplus at more than $1.62 billion. Last week, Governor Asa …

ky3.com

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Arkansas Lowers Projected Fiscal 2025 Surplus By $483M After …

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Aug 22, 2024 · The Arkansas Department of Finance and Administration on Thursday revised its general revenue forecast for fiscal 2025, and trimmed its projection of a $763.7 million general …

arkansasonline.com

FAQs about State surplus now projected to pass $708M - Arkansas Democrat … Coupon?

How much money did Arkansas have In fiscal 2023?

In fiscal 2023 that ended June 30, Arkansas' general revenue reached $1.161 billion, which is the second-largest general revenue surplus in any fiscal year for the state government, behind only the $1.628 billion surplus accumulated in fiscal 2022. ...

What happened to the tax surplus in fiscal 2024?

After income tax cuts enacted by the Legislature and Gov. Sarah Huckabee Sanders during the Sept. 11-14 special session, the initial projected surplus for fiscal 2024 was reduced to about $174 million. Arkansas projects a general revenue surplus of $240.5M, down from the initial projection. ...

Is Arkansas' economy stable?

Arkansas' economy is considered very stable according to Hudson. Under Arkansas Code Annotated 19-4-304, the state Department of Finance and Administration was required to update its general revenue forecast for fiscal 2024 and fiscal 2025 by Thursday. ...