DF&A: November tax revenues below forecast | Arkansas Blog

Tuesday, December 3, 2013

DF&A: November tax revenues below forecast

Posted By on Tue, Dec 3, 2013 at 5:01 PM

November tax revenues came in 2.3 percent ($8.4 million) below forecast, the Arkansas Department of Finance and Administration reported in a  . Net available revenues are still  above forecast five months into the fiscal year by 1.5 percent ($29.4 million). The memo states that "results in November were impacted by swings in Corporate Income tax, a volatile component of general revenue."

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