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Larry Walther

Banking & Finance / Construction / Government & Politics / Industry / Legal / Manufacturing / Public Companies / Real Estate

RTX & State Settle Dispute Over Taxes on Missile Sales

The settlement means the state will continue to treat companies’ sales to the federal government as if they were in-state sales for tax purposes, avoiding a possible precedent that could have cost Arkansas millions annually. read more >
Banking & Finance / Government & Politics

Governor Appoints Larry Walther as State Treasurer

Walther began his career in government in 2003 when Sanders' father, former Gov. Mike Huckabee, appointed him to lead the Arkansas Economic Development Commission. read more >
The Arkansas State Capitol in Little Rock.
Government & Politics

March Tax Collections Dip, but Still Above Forecast

Arkansas reports March net available general revenue of $417.6 million, $56.5 million or almost 16% above forecast. read more >
Government & Politics / Restaurants & Food / Retail / Small Business / Tourism

State Tax Revenue Dips 1% in February

The figure was above forecast by $55 million, or 16%. read more >
Banking & Finance / Government & Politics / Retail / Tourism

State Tax Revenue Up 5.9% in December

All major collection categories were above forecast, the Department of Finance and Administration reported. read more >
Larry Walther, director of the Arkansas Department of Finance and Administration
Banking & Finance / Government & Politics

Sanders to Reappoint Finance Secretary Larry Walther

Walther was first appointed to the role in January 2015 by Gov. Asa Hutchinson. read more >
The Arkansas Capitol building in Little Rock.
Banking & Finance / Government & Politics / Real Estate / Tourism

State Tax Revenue Down 5.6% in November, Still Above Forecast

The forecast was revised on Nov. 10 to account for tax cuts from the special legislative session and updated economic assumptions. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Up 10% in October

All major collection categories were above forecast, with sales tax collections remaining particularly strong. read more >
Government & Politics

Arkansas September Tax Collections 20% Above Forecast

September net available general revenue hits $766.1 million, 20% above forecast, and officials foresee a third straight year of "high growth in incomes." read more >
Government & Politics / Media & Marketing

When Low Bids & High Scores Lose (Lance Turner Editor’s Note)

The lowest scoring but most expensive company bidding to devise a statewide broadband deployment strategy was selected in a process one competitor thinks was tailor-made for the politically connected vendor. read more >
Government & Politics

Robert Brech Named State Budget Director

The state Department of Finance & Administration names Robert Brech as Arkansas' new budget director. read more >
Government & Politics

Hutchinson Creates Group to Oversee Federal Aid to Arkansas

Gov. Asa Hutchinson sets up a 14-member American Rescue Plan Steering Committee to coordinate the spending of about $5 billion in federal pandemic aid coming to Arkansas. read more >
J. Eric Hagler

J. Eric Hagler Appointed Arkansas Lottery Director

Gov. Asa Hutchinson has appointed J. Eric Hagler the new director of the Arkansas Scholarship Lottery, replacing Bishop Woosley, who officially stepped down on Monday. read more >
Bishop Woosley | Arkansas Scholarship Lottery
Education / Government & Politics / Retail

Arkansas Lottery Chief Bishop Woosley to Resign

Bishop Woosley, director of the Arkansas Scholarship Lottery, has submitted his resignation, effective Aug. 3. read more >
The Arkansas River swells over into Little Rock's Riverfront Park on June 2.
Government & Politics

Update: Governor Announces Levee Task Force, $10M Request For Repairs

Gov. Asa Hutchinson issued an executive order Thursday to create the Arkansas Levee Task Force, which will study and analyze the current conditions of the state’s levees, following record flooding along the Arkansas River earlier this month. read more >
Jake Bleed

Jake Bleed Named State Budget Director

Gov. Asa Hutchinson and Larry Walther, director of the Arkansas Department of Finance and Administration, says that Jake Bleed will be the department's state budget director. read more >
A Tactical "Tomahawk" Block IV cruise missile, conducts a controlled flight test over the Naval Air Systems Command (NAVAIR) western test range complex in southern California.
Legal / Manufacturing

Raytheon Sues Arkansas for $3.2M Refund in Income TaxesLock Icon

A pair of lawsuits accuse the state of Arkansas of improperly charging missile maker Raytheon Co. more than $3 million in income taxes. read more >
The new design will be available at some revenue offices beginning July 9.
Government & Politics / Legal / Restaurants & Food / Transportation

Here’s What Arkansas’ Redesigned Driver’s Licenses Look Like

The state Department of Finance and Administration today unveiled a newly redesigned Arkansas driver's license and ID card. read more >
Government & Politics / Media & Marketing

State Services, Including ‘MyDMV,’ Get a Social Media Push

So, if Arkansas doesn’t have a Department of Motor Vehicles, why is the state’s newest website called mydmv.arkansas.gov? read more >
Government & Politics / Health Care / Insurance / Legal

Facing Lawsuit, Procurement Chief Says There’s No Appealing His Rulings in ProtestsLock Icon

Arkansas Procurement Director Edward Armstrong's answer to being sued over a ruling that gave a fourth-place bidder a major state contract boils down to four words: His word is final. So far, the law seems to agree with him. read more >