Governor Beebe introduced two separate budget proposals this month, depending on whether legislators choose to put off nearly $30 million in tax cuts for two years. The tax cuts, if implemented, would reduce taxes for manufacturers and many wealthy...
Net general revenues came in below expectations (by $9.8 million or 2.4 percent) and fell short of last year’s numbers (by $7.1 million or 1.7 percent) according to today’s report from the Arkansas Department of Finance and Administration. The...
They’ve done it again. The legislature provided funding for prisons in this special session. About $6.3 million was funded this time to open 600 prison beds. That’s about $10,500 a bed-far more than we pay per student for K-12...
Special revenue collections are a major source of revenue for the Arkansas budget, totaling $1.8 billion in FY2013. However, they are often left out of the budget spotlight because the ways in which these funds are spent have already...
It has been an eventful few weeks at the United States Capitol. Congress has finally agreed on some of the most important issues facing the nation, and it has been a mixed bag for low-income families. Unemployment insurance was extended along...
Statement from AACF Executive Director Rich Huddleston in reaction to Gov. Mike Beebe’s proposed budget for the 2011 fiscal year: The economic crisis means many more Arkansas families are struggling while the state’s ability to help them shrinks. More...
Our state budget outreach director, Pat Bodenhamer, is also a United Methodist pastor. Her work for AACF carries her around the state, often speaking to religious groups about the importance of understanding our tax system as a way to...