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State Tax Revenue Falls 4.6% in March

Summary by Arkansas Business
Arkansas’ net available general revenue in March totaled $431.4 million, down $20.6 million, or 4.6%, from the same month last year, the state Department of Finance and Administration reported Wednesday. The sum was $26.7 million, or 6.6%, above forecast. The higher-than-expected revenue was primarily due to lower-than-anticipated individual income tax refunds. Gross general revenue totaled $638.3 million, a decline of $50.6 million, or 7.3%, fr…

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NW Arkansas Democrat gazzetteNW Arkansas Democrat gazzette
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Revenue collections decline in March, state says | Northwest Arkansas Democrat-Gazette

Arkansas state government's general revenue collections declined in March by $50.6 million, or 7.3%, from the same month a year ago to $638.3 million, primarily as a result of weaker than expected sales and use tax collections, the state Department of Finance and Administration reported Wednesday.

·Arkansas, United States
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Arkansas BusinessArkansas Business
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State Tax Revenue Falls 4.6% in March

Arkansas’ net available general revenue in March totaled $431.4 million, down $20.6 million, or 4.6%, from the same month last year, the state Department of Finance and Administration reported Wednesday. The sum was $26.7 million, or 6.6%, above forecast. The higher-than-expected revenue was primarily due to lower-than-anticipated individual income tax refunds. Gross general revenue totaled $638.3 million, a decline of $50.6 million, or 7.3%, fr…

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Vertex, Inc.Vertex, Inc.

Be Prepared: States Confront New Revenue Challenges

Be Prepared: States Confront New Revenue Challenges aoconnor Thu, 04/03/2025 - 10:27 Blog Post George Salis assess the current “state” of fiscal health. The end of the pandemic brought a historic windfall of revenue gains for state tax authorities – but those days are gone. State budget stress is on the horizon, and tax shifts are certain to follow.Quarterly receipts are reverting to the long-term trend, according to the first article in a five…

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Arkansas Business broke the news in on Wednesday, April 2, 2025.
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