Arkansas lawmakers approve $182.5 million state budget increase

Governor Glenn Youngkin Reports Year-to-Date March General Fund Revenues

Tweet RICHMOND, VA – Governor Glenn Youngkin today announced that general fund revenues are up 5.8 percent ($1,163.5 million) year-over-year through the first nine months of Fiscal Year 2025 and that for the month of March, total general fund revenues declined by 0.1 percent (-$2.8 million) versus the same period last year. Compared to forecast, year-to-date revenues are 0.4% ($84.7 million) ahead, with three months remaining, while the month wa…

Arkansas lawmakers approve $182.5 million state budget increase

Rep. Lane Jean, R-Magnolia, addresses the Arkansas House of Representatives on Wednesday, May 1, 2024. (Antoinette Grajeda/Arkansas Advocate)The Arkansas General Assembly on Wednesday approved legislation to increase the state’s general revenue budget to $6.49 billion for fiscal year 2026, a nearly 3% increase from the previous year.  As is typical, state lawmakers approved the Revenue Stabilization Act on the final day of the legislative sessio…

Prior to recessing, House and Senate approve state general revenue budget | Northwest Arkansas Democrat-Gazette

The Arkansas House and Senate on Wednesday voted to send to Gov. Sarah Huckabee Sanders a pair of identical bills that would boost the state's general revenue budget by $182.5 million, or 2.89%, over the current fiscal year 2025 to $6.49 billion general revenue budget for the coming fiscal year.