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Arkansas officials say COVID-19 relief funds won't be used to offset tax cuts - Vimarsana News

Arkansas officials say COVID-19 relief funds won't be used to offset tax cuts

With American Rescue Plan money being in question of being rescinded, lawmakers still moving forward with upcoming special session to accelerate recent tax cuts.

Gov. Hutchinson proposes $194.6M increase in fiscal 2023 budget to $6.04B; biggest raises for human services, education - Vimarsana News

Gov. Hutchinson proposes $194.6M increase in fiscal 2023 budget to $6.04B; biggest raises for human services, education

Arkansas Gov. Asa Hutchinson on Tuesday proposed a $194.6 million increase in the state's general revenue budget to $6.04 billion in the fiscal year starting July 1, with most of the increase for public schools and human services programs.

Gov. Hutchinson proposes $194.6M increase in fiscal 2023 budget to $6.04B; biggest raises for human services, education - Vimarsana News

Gov. Hutchinson proposes $194.6M increase in fiscal 2023 budget to $6.04B; biggest raises for human services, education

Arkansas Gov. Asa Hutchinson on Tuesday proposed a $194.6 million increase in the state's general revenue budget to $6.04 billion in the fiscal year starting July 1, with most of the increase for public schools and human services programs.

Arkansas changes revenue projections for coming years in light of reduction in income tax rates - Vimarsana News

Arkansas changes revenue projections for coming years in light of reduction in income tax rates

The state Department of Finance and Administration on Thursday projected Arkansas would have a general revenue surplus of $264.4 million at the end of the current fiscal year, revising an earlier forecast to factor in income tax cuts enacted in last week's special session.

Arkansas changes revenue projections for coming years in light of reduction in income tax rates - Vimarsana News

Arkansas changes revenue projections for coming years in light of reduction in income tax rates

The state Department of Finance and Administration on Thursday projected Arkansas would have a general revenue surplus of $264.4 million at the end of the current fiscal year, revising an earlier forecast to factor in income tax cuts enacted in last week's special session.