State tax revenue sends positive message in August | Arkansas Blog

Wednesday, September 3, 2014

State tax revenue sends positive message in August

Posted By on Wed, Sep 3, 2014 at 9:46 AM

The state report on tax revenue for August seems to show an unalloyed uptick.

The net — after mandatory deductions — of $398.3 million was 2.7 percent more than the same month last year and 3.2 percent above forecast. Every category showed an uptick, except for sales tax collections, which were adjusted by a one-time audit. But sales taxes grew when adjusted for this event. Tobacco tax was down, a small contributor. Gambling revenue at the Southland and Oaklawn casinos continued to show double-digit growth.


After two months of the fiscal year, the state is running $2.5 million ahead of forecast.

Tags: ,

From the ArkTimes store

Favorite

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

More by Max Brantley

  • Judge orders state to release execution drug label

    Circuit Judge Mackie Pierce ruled today in a Freedom of Information Act lawsuit that the state must disclose labels on drugs it obtained to carry out executions.
    • Sep 19, 2017
  • Trump talks tough at UN

    Donald Trump talked tough at the UN particularly concerning North Korea
    • Sep 19, 2017
  • Medical marijuana by the numbers

    This accounting of interest so far in the new medical marijuana business in Arkansas from KARK/Fox 16's Jessi Turnure at the close of the initial application period for those seeking permits to grow or sell medical marijuana:
    • Sep 19, 2017
  • More »

Readers also liked…

  • Auditor Lea caught not telling the truth

    State Auditor Andrea Lea, who began her tenure in statewide office with a degree of competence unseen in some other Republican counterparts (think Treasurer Dennis Milligan particularly), is becoming more deeply mired in a political scandal.
    • Mar 4, 2016
  • Another Republican miracle-working governor

    Great piece in Washington Post on the budget crisis in Louisiana. Big tax cuts and corporate welfare will do that to a state, particularly to a state whose previous governor, Republican Bobby Jindal, refused to join the Obamacare-funded Medicaid expansion. There's a lesson there for Arkansas.
    • Mar 4, 2016
  • More on how highways were used to wipe out "blight" of non-white neighborhoods

    Vox, a news website that concerns itself with energy and other issues, has a fine piece, including before and after images, on the history of the U.S. interstate system and why roads were built through the middle of cities (unless people of influence stopped them — see Manhattan, San Francisco and Washington, D.C.)
    • Mar 22, 2016

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation