The Arkansas report on April state tax revenue take again edges toward the bright side.

Gross revenues are $200 million ahead of last year for the first 10 months of the budget year and $123 million, or 2.5 percent, above forecast.

Advertisement

On a percentage basis, April looked even rosier. Income was up 5.1 percent over last year and 5.9 percent above forecast.

Here’s the full report.

Advertisement

If that pace keeps up, there might be somewhere near sufficient growth money to pay for the state’s estimated portion — on the low end — of an expected enormous rise in Medicaid spending. If none of the money is used for anything else. (I say the previous with tongue somewhat in cheek. There will be other demands for money; pressure will be great to cut spending in some areas, the question being which unfortunate class gets cut first.)

Help to Keep Great Journalism Alive in Arkansas

Join the fight for truth and become a subscriber of the Arkansas Times. We've been battling powerful forces for 50 years through our tough, determined, and feisty journalism. With over 63,000 Facebook followers, 58,000 Twitter followers, 35,000 Arkansas blog followers, and 70,000 daily email blasts, our readers value great journalism. But we need your help to do even more. By subscribing and supporting our efforts, you'll not only have access to all of our articles, but you'll also be helping us hire more writers to expand our coverage. Together, we can continue to hold the powerful accountable and bring important stories to light. Subscribe now or donate for as little as $1 and be a part of the Arkansas Times community.

Previous article Little Rock Film Festival kicks off with ‘America’s Parking Lot’ Next article Nouvelle menu a Vieux Carre