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tax revenue

Banking & Finance / Government & Politics

State Tax Revenue Drops 21% in April After Storms Push Back Filing Deadlines

A shift in payments this year from April to earlier in tax filing season also factored into the decline. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Falls 4.6% in March

Collections were still 6.6%, above forecast, primarily due to lower-than-anticipated individual income tax refunds. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Rises 8.3% in November

The increase was driven by higher-than-expected returns in individual and corporate income taxes, coupled with lower-than-anticipated refund claims. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Falls 4.5% in October

Gross revenue collections this year are down primarily due to corporate and individual income tax cuts, the Department of Finance and Administration said. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Falls 2% in September

Net available general revenue was $691.6 million for the month, a 2% decrease from last year. The figure surpassed the forecast by $7.8 million, or 1.1%. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Dips Slightly in August

Net available general revenue was $516 million, marking a decrease of $1.6 million, or 0.3%. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Falls 4.6% in July

Net available general revenue was $527.7 million, down $25.6 million from the same month a year ago. read more >
Banking & Finance / Construction / Government & Politics

The Path to a Redevelopment Vision (Lisa Ferrell Commentary)

Progress north of the river offers lessons for downtown Little Rock revitalization. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Rises 17% in May as Projected Year-End Surplus Climbs to $708M

The projected year-end surplus jumped from $240.5 million in February. The fiscal year ends June 30. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Falls 5.1% in April

Collections were above forecast by $173 million, or 26.8%. read more >
Banking & Finance / Government & Politics

State Tax Revenue Dips 2.6% in December

For sales tax collections, major reporting sectors showed mostly higher growth over the previous year. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Flat in November

Net available general revenue was $473.4 million, up $1.3 million, or 0.3%, from a year ago. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Falls 7.9% in September, but Still Above Forecast

The state had a surplus of $108 million through the first quarter of fiscal 2024. read more >
Banking & Finance / Government & Politics / Restaurants & Food

State Tax Revenue Falls 4.5% in August

Collections came in above forecast by $17.3 million, or 3.5% higher than projected. read more >
Banking & Finance / Government & Politics / Restaurants & Food

State Tax Revenue Rises 2% in July

Sales tax collection growth was broad-based but notably higher than year-ago levels in retail, motor vehicles and restaurant sales. read more >

State Ends Fiscal 2023 With $1.2B Surplus

The fiscal year ended above forecast in all major categories of collections and above fiscal 2022 levels in sales tax collections. read more >
Government & Politics / Retail / Tourism

State Tax Revenue Falls 23% in April, but Still Above Forecast

With two months remaining in the state's fiscal year, the state surplus is $430.2 million. read more >
Banking & Finance / Government & Politics / Retail

State Tax Revenue Up 5.9% in December

All major collection categories were above forecast, the Department of Finance and Administration reported. read more >
The Arkansas Capitol building in Little Rock.
Banking & Finance / Government & Politics / Real Estate

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 >