State tax revenue down from last year, but ahead of forecast | Arkansas Blog

Tuesday, January 5, 2016

State tax revenue down from last year, but ahead of forecast

Posted By on Tue, Jan 5, 2016 at 9:35 AM

The monthly report on state tax revenue for December shows both net and gross income down from the same month a year ago, but ahead of forecast — by 1.7 percent net and 2.2 percent gross.

A key indicator — the sales tax — fell below forecast.

For the first six months, net revenue is about $66 million ahead of forecast on total net revenue of $2.58 billion.




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