Arkansas Revenue Increase - KAIT Jonesboro, AR - Region 8 News, weather, sports

Arkansas Revenue Increase

August 5, 2003  - Posted at 7:19 a.m. CDT

LITTLE ROCK, Ark.  --Good news from Arkansas financial officers. State revenue was up five-and-a-half percent in July over the same month last year.

The state collected more than 314 (m) million dollars in taxes in July. That's more than 16 (m) million dollars more than July 2002 and about one percent more than expected.

Tim Leathers, deputy director of the Arkansas Department of Finance and Administration, says the results indicate the cash-strapped state is on the right track.

The largest increase came in the area of corporate income tax collections. Arkansas took in about 18 (m) million dollars in July, almost six (m) million more than the July 2002 total.

Copyright 2003. Associated press. All Rights reserved. This information may not be published, broadcast, rewritten or redistributed.

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • breaking

    Truck hits power pole, causes outage

    Truck hits power pole, causes outage

    Wednesday, May 23 2018 9:21 AM EDT2018-05-23 13:21:02 GMT
    Wednesday, May 23 2018 10:33 AM EDT2018-05-23 14:33:27 GMT

    Craighead Electric Cooperative reports a power outage due to a broken pole hit by a truck on Highway 63 in Sedgwick.

    Craighead Electric Cooperative reports a power outage due to a broken pole hit by a truck on Highway 63 in Sedgwick.

  • Experts: more kids drown in open bodies of water

    Experts: more kids drown in open bodies of water

    Tuesday, May 22 2018 11:03 PM EDT2018-05-23 03:03:44 GMT
    Tuesday, May 22 2018 11:37 PM EDT2018-05-23 03:37:22 GMT
    (Source: AP Graphics Bank)(Source: AP Graphics Bank)
    (Source: AP Graphics Bank)(Source: AP Graphics Bank)

    More kids drown in open bodies of water than swimming pools, according to experts.

    More kids drown in open bodies of water than swimming pools, according to experts.

  • breaking

    Day wins Craighead County Judge race

    Day wins Craighead County Judge race

    Tuesday, May 22 2018 10:27 PM EDT2018-05-23 02:27:46 GMT
    Tuesday, May 22 2018 11:18 PM EDT2018-05-23 03:18:18 GMT
    (Source: Raycom Media)(Source: Raycom Media)

    Republican Marvin Day of Jonesboro has won the Craighead County Judge's race against opponent Jeff Presley. 

    Republican Marvin Day of Jonesboro has won the Craighead County Judge's race against opponent Jeff Presley. 

Powered by Frankly