Hopes among supportive legislators for a revenue flow sufficient to pay for Gov. Asa Hutchinson’s income tax cut got a boost from the state’s report on state tax take in January.

The gross was $55 million, or almost 10 percent more than January 2104, and $54.6 million above forecast.

Advertisement

Year to date, the gross is running $79 million, or 2.2 percent, ahead of forecast. Budgets are pegged to the forecast.

Invest in the future of great journalism in Arkansas

Join the ranks of the 63,000 Facebook followers, 58,000 Twitter followers, 35,000 Arkansas blog followers, and 70,000 daily email blasts who know that the Arkansas Times is the go-to source for tough, determined, and feisty journalism that holds the powerful accountable. For 50 years, our progressive, alternative newspaper in Little Rock has been on the front lines of the fight for truth, and with your support, we can do even more. By subscribing or donating to the Arkansas Times, you'll not only have access to all of our articles, but you'll also be helping us hire more writers and expand our coverage. Don't miss out on the opportunity to make a difference with your subscription or donation to the Arkansas Times today.

Previous article Q&A on moving the Arkansas Arts Center to North Little Rock Next article The private option speeds out of House committee