© 2026 WKNO FM
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Arkansas Revenue Exceeds Expectations After Sales Tax Increase

Arkansas has exceeded revenue expectations by $15.1 million for the month of September.

According to John Shelnutt, an economist with the Department of Finance and Administration, sales taxes in particular has expanded by eight percent and may account for revenue increases. 

Shelnutt  said revenue growth may not continue at such a rate long term.  

"There are a few signs of slowing in the national economy and the global economy so that may be a factor down the line," he said. 

Growth has been above forecast for the last six months and is nearly $50 million dollars higher than anticipated for the fiscal year. 

Copyright 2015 KUAR

Sarah Whites-Koditschek is a Little Rock-based reporter for Arkansas Public Media covering education, healthcare, state politics, and criminal justice issues. Formerly she worked as a reporter and producer for WHYY in Philadelphia, and was an intern and editorial assistant for Morning Edition at National Public Radio in Los Angeles and Washington D.C.