Subscribe Register Login

TRAFFIC ALERT: Fatal wreck on U.S. 67/167 near Cabot slows weekend commute

Friday, August 29, 2014, 11:13 p.m.
Top Picks - Mobile App

State revenue up in December, above forecast

By ANDREW DeMILLO The Associated Press

This article was published January 3, 2013 at 9:39 a.m.

— Arkansas finance officials say the state’s revenue in December beat last year’s figures and their expectations, fueled primarily by an increase in individual income-tax collections.

The Department of Finance and Administration said Thursday that the state’s net available revenue in December totaled $456.5 million. That’s $37.8 million above the same month in 2011 and $17.5 million above forecast.

The state’s revenue for the fiscal year that began July 1 totals $2.4 billion, $90.8 million above the previous year and $22.1 million above forecast.

Department Director Richard Weiss said the increase in individual income-tax collections stemmed primarily from December having more pay days than the previous year.

Weiss said the effects of the Christmas snowstorm on sales-tax collections won’t be reflected until the January revenue report.

Comments on: State revenue up in December, above forecast

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Police officers

    recreation supervisorparks Department• City of Benton Bachel...
    LITTLE ROCK, AR

  • Administrative assistant

    vantage point of northwest arkansas Is seeking qualified app...
    FAYETTEVILLE, AR

  • Instruction speclst.

    aetn education & instruction specialisteducation Division(2 ...
    CONWAY, AR

  • Agriculture

    agriculturesweet M Logistics, LLC, New Iberia, LA is now hir...
    NEW IBERIA, LA

  • Dietary aides

    Brighton ridge attention Brighton Ridge of Eureka Springs is...
    EUREKA SPRINGS, AR

Search 938 jobs >

Top Picks - Mobile App
Arkansas Online