AUGUST 3, 2006 - Posted at 7:39 a.m. CDT
LITTLE ROCK, AR - Another month of Arkansas revenues well above forecast has drawn another call from Governor Huckabee to use some of the state budget surplus on tax relief.
Yesterday, the state Finance and Administration Department said revenues for July, the first month of fiscal year 2007, were above the same period last year and above their predictions.
Net revenues totaled $378,500,000. That was up 24.5 percent from a year ago and one percent above forecast. Earlier this year, Huckabee suggested using the excess money for tax rebates. He said again today that he hopes lawmakers will find a way to return a part of the surplus to taxpayers.
On his monthly call-in radio show, Huckabee agreed with a caller's suggestion that some of the surplus be used to help Arkansans invest in alternative energy sources for their home, including solar panels.