Arkansas tax revenue looking up | Arkansas Blog

Tuesday, August 3, 2010

Arkansas tax revenue looking up

Posted By on Tue, Aug 3, 2010 at 11:17 AM

Was that a sigh of relief I heard from Gov. Mike Beebe's office?

It would be understandable.

The July state revenue report is out and numbers are up strongly across the board compared with the same month last year, particularly when you exclude some one-time revenue transfers that benefited the state in July 2009.

I was particularly interested in a robust 8.9 percent year-to-year increase in gross receipts, fueled by sales tax revenue. Is that consumers spending again?

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