Tagged: arkansas department of finance & administration

Push On To Collect Sales Tax Online

by Mark Friedman 2/6/2017 12:00 am

Online sales grew to 8.2 percent of all retail sales in the U.S. last year, and projections of continued growth finally seem to be creating the political will to tax internet purchases.

As Arkansas Lottery's Luster Fades, Numbers Signal Challenges

by Kyle Massey 1/23/2017 12:00 am

In the years since the first tickets were sold in 2009, the lottery has lost much of its glossy newness, leaving hard numbers to do the talking.

Lottery Scholarship Has Evolved Since Halter’s First Proposal

by Kyle Massey 1/23/2017 12:00 am

It was late 2005 or early 2006, Bill Halter recalled, and he had decided to run for lieutenant governor. His vision was to rally Arkansans to a cause: a lottery to provide money for college scholarships.

No Contract, No Conflict: Logic of a Lottery Ad Bid

by Kyle Massey 1/16/2017 12:00 am

Reasons given by the state procurement director on why CJRW was picked for a lucrative Arkansas State Lottery contract over two others has puzzled several Little Rock ad professionals.

Ad Agencies Ponder Lottery Numbers

by Arkansas Business Staff 12/12/2016 12:00 am

Scoring tabulations have left some puzzled Little Rock advertising professionals trying to get the Office of State Procurement’s math to add up.

Heathcott Hopes CJRW Selected as Lottery's First Pick

by Arkansas Business Staff 11/21/2016 12:00 am

The battle for an Arkansas Scholarship Lottery marketing contract worth more than $5 million a year is down to three Little Rock advertising finalists.

After Boom in Shale, Arkansas Gas Industry Faces Halt in Drilling

by Kyle Massey 6/27/2016 12:00 am

After a decade-long, multibillion-dollar bonanza of natural gas production in an Arkansas field called the Fayetteville Shale, the bust has landed with a thud.

No Charge From Nabholz for Insurance Department Building Budget

by Arkansas Business Staff 5/16/2016 12:00 am

Arkansas Insurance Department spokesman Ryan James said the department asked Nabholz to run some numbers “for informational purposes.” No bids or proposals were sought and no payment made for the one-page estimate dated April 25.

Arkansas Business Power List 2016: Economic Development

by Arkansas Business Staff 3/21/2016 12:00 am

An economic development resource to help navigate the leadership of the largest Arkansas companies or institutions.

Auditor, Former Commissioner Bash Arkansas Lottery's 10-Year Contract Extension

by Mark Friedman 1/18/2016 12:00 am

Former Arkansas Scholarship Lottery officials are critical of a recent decision to add 10 years to the contract of a vendor whose original contract was altered after lottery commission approval.

Breach of Contract Among Allegations in Riverside Medical Legal Fight

by Arkansas Business Staff 12/7/2015 12:00 am

James Miles thought he was getting a good deal when he agreed to pay $500,000 for a 30 percent ownership interest in a North Little Rock company that sells wheelchairs and other medical equipment. But it didn’t turn out that way.

Bingo Numbers Continue to Slide for Some Nonprofits

by Mark Friedman 8/24/2015 12:00 am

In Arkansas, for the fiscal year that ended June 30, 78.8 million bingo “faces” —the individual game cards — were sold. That’s more than 25 for every man, woman and child in the state.

Many Pay State Capital Gains Tax (Greg Kaza Commentary)

by Greg Kaza 5/11/2015 12:00 am

Arkansas policymakers, in this year’s legislative session, maintained a 50 percent state capital gains tax exemption enacted in 2013. The move was opposed by some who argue the idea benefits only a small number of wealthy Arkansans and is partisan policy.

Tunnels, Dennis Smiley, John Rogers, Wal-Mart Kept Readers Checking Online

by Lance Turner 12/30/2014 7:13 pm

A tour of the hidden underground tunnels of Hot Springs was the most-read story on ArkansasBusiness.com in 2014.

Best Quotes of 2014

by Arkansas Business Staff 12/30/2014 11:15 am

They said it: The best quotes of the year.

Arkansas Had Soda Tax Long Before Berkeley Caught the Wave

by Arkansas Business Staff 11/10/2014 12:00 am

Berkeley, California, the birthplace of liberal nanny-state policies like smoke-free restaurants and curb cuts for wheelchair access, got a lot of ink last week for passing the nation’s first “soda tax.”

Arkansas’ October Revenue Above Last Year, Forecast

by Lance Turner 11/4/2014 11:36 am

Arkansas gross general revenue in October was $478.6 million, up 4.5 percent from last year and 2.2 percent above forecast, according to a report Tuesday by the state Department of Finance & Administration.

Crittenden Regional Hospital’s True Financial Status Surprised Directors

by Mark Friedman 10/6/2014 12:00 am

Directors of Crittenden Regional Hospital learned on Aug. 19 that its monthly revenue was only $2 million — about half what they had previously been led to believe — while expenses were about $5 million, the CEO of the shuttered hospital revealed in a bankruptcy court filing.

Skin in the Game (Editorial)

by Arkansas Business Editors 7/7/2014 12:00 am

Everyone understands that last week’s special legislative session was, as it concerned health insurance benefits for public school employees, a short-term fix to a long-term problem that had been ignored until it simply couldn’t be ignored any longer.

Simmons First Seeks Foreclosure on Funk

by Arkansas Business Staff 6/2/2014 12:00 am

Simmons First National Corp. of Pine Bluff has filed suit against a local manufacturer for some unpaid loans. According to the suit, filed in Pulaski County Circuit Court, the defendant is O.D. Funk Manufacturing Inc., a company that builds outdoor metal buildings like storage sheds and carports.

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