DF&A revises fiscal year 2014 budget forecast downwards | Arkansas Blog

Monday, December 2, 2013

DF&A revises fiscal year 2014 budget forecast downwards

Posted By on Mon, Dec 2, 2013 at 11:48 AM

The Arkansas Department of Finance and Administration released a memo yesterday downgrading its revenue forecast for fiscal year 2014. The forecast for FY 2014 has been revised lower by 0.3 percent from the prior forecast. Net available general revenues are expected to be down 1.7 percent from FY 2013. 

Year-to-date revenues have been around $38 million above forecast, but changing income tax policy will lead to a reduction in revenue collections this fiscal year, according to DF&A. 

See the full

Tags: , ,



Subscribe to this thread:

Add a comment

More by David Ramsey

Readers also liked…


  • Arkansas vs Ole Miss at War Memorial stadium in Little Rock, Saturday, Oct. 13, 2018. After leading for much of the game, Arkansas lost 37-33 when Ole Miss scored the game winning Touchdown with less that 2 minutes left. 
  • Margaret Clark Adventure Park
    New sculptures, preschoolers play area dedicated in Riverfront Park in Little Rock.

Most Recent Comments


© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation