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State records surplus as fiscal year ends

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LITTLE ROCK, Ark. (AP) — Arkansas has ended its fiscal year with a $698.4 million surplus, state finance officials announced Tuesday. The Arkansas Department of Finance and Administration said the state’s net available revenue for the fiscal year that ended on Sunday totaled $6.9 billion.... Read More.

State reports $1.1 billion surplus

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LITTLE ROCK, Ark. (AP) — The fiscal year ended in Arkansas with a surplus of more than $1.1 billion, which is the state’s second largest, finance officials announced Wednesday. The Arkansas Department of Finance and Administration said the state’s net available revenue for the fiscal... Read More.
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State reports record surplus for fiscal year

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LITTLE ROCK, Ark. (AP) — Arkansas ended its fiscal year with a record $1.6 billion budget surplus, state finance officials announced Tuesday as Gov. Asa Hutchinson said he planned to call lawmakers back into session to take up tax relief proposals. The Arkansas Department of... Read More.

State reports near $1 billion surplus

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LITTLE ROCK, Ark. (AP) — Arkansas has accumulated a nearly $1 billion budget surplus for the fiscal year more quickly than expected, state finance officials said Tuesday. The Department of Finance and Administration said the state’s net available revenue for the fiscal year, which began... Read More.
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State revenue surplus nears $500 million

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LITTLE ROCK, Ark. (AP) — Arkansas’ surplus for the current fiscal year is approaching $500 million as the state’s tax collections continue beating expectations, state finance officials said Monday. The Department of Finance and Administration said the state’s net available revenue for the fiscal year,... Read More.

Audit: Arkansas prison surplus ammunition sold by employee

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LITTLE ROCK, Ark. (AP) — Surplus gun ammunition for Arkansas’ state prison systems was taken and sold by a Department of Corrections employee, according to an auditor for the state. Arkansas Legislative Audit staff member Don Morgan told a legislative committee Wednesday that a 2020... Read More.
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State reports surplus of near $ billion

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LITTLE ROCK, Ark. (AP) — Arkansas ended the fiscal year with a surplus of nearly $1 billion, more than double the state’s previous record, finance officials said Friday. The Department of Finance and Administration said the state ended the fiscal year on June 30 with... Read More.
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State surplus nears $1 billion

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LITTLE ROCK, Ark. (AP) — Arkansas’ surplus for the fiscal year is approaching $1 billion, the state’s finance office said Wednesday, as it reported a major boost in income and sales tax collections. The Arkansas Department of Finance and Administration said the state’s net available... Read More.

State surplus growing, financial office says

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LITTLE ROCK, Ark. (AP) — Arkansas’ finance office on Tuesday said the state’s surplus for the current fiscal year has grown to nearly $717 million. The Department of Finance and Administration said the state’s net available general revenue for the fiscal year that began July... Read More.
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State employees to get raise because of surplus revenue

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By Ray King Arkansas will end the fiscal year with an additional $360 million in revenue they were not expecting, Governor Asa Hutchinson said Tuesday. Among other things, that means that state employees will be receiving a 2.2 percent merit pay raise. At his daily COVID-19 press... Read More.