Arkansas Department of Finance and Administration

A report issued by the Arkansas Department of Finance showed tax revenue income for October has been consistently above forecasted amounts in all major areas. This follows after a record $1.6 billion budget surplus in the last fiscal year, which…

Nearly an entire day following the news that Texas would ambitiously be placing charging stations for electric cars every 50 miles on most interstates, news came that Arkansas would also be doing the same along with almost every other state…

The Arkansas revenue collection report for April 2022, which reached over $1 billion for the first time, was the largest month of revenue collection in state history, according to the Arkansas Department of Finance and Administration. Net revenue collection in…

The Arkansas Department of Finance and Administration has reported medical marijuana patients spent $20.53 million in January at 37 dispensaries across the state to obtain 3,731 pounds. Natural Relief Dispensary in Sherwood, a city in the Little Rock metro, had…

Arkansas’ coffers grew in May, with the state’s net available general revenue totaling $655.2 million. For the month, Arkansas was 67.1 percent, or $263.2 million, above the state’s forecast for May’s revenue. Compared to May 2020, the state was up…

Robert Brench has been named as the state budget director in the Arkansas Department of Finance and Administration (DFA). DFA Secretary Larry Walther announced that Brench would be taking the position, which will charge him with building a budget for…

Arkansas has exceeded its net revenue forecast by more than $716 million. The latest General Revenue Report, released Tuesday, May 4, shows that Arkansas has a year-to-date net available general revenue of $5.4495 billion. Compared to the same time in…

Medical marijuana sales have topped $300 million in Arkansas since the first dispensaries opened in the state in 2019. According to the latest report from the Arkansas Medical Marijuana Commission, there have been 45,286 pounds of medical marijuana sold in…

The U.S. Department of Homeland Security has pushed back the deadline to obtain a REAL ID to 2023. Originally, U.S. citizens were required to obtain a REAL ID by Oct. 1, 2021. Due to the pandemic, the deadline has been…

Gov. Asa Hutchinson has extended the individual income tax filing deadline, moving the date back one month. On Friday, March 19, Hutchinson announced that he would be moving the deadline to Monday, May 17. This announcement follows the U.S. Treasury…