What do end-of-year revenue numbers really tell us?
We ended up with more revenue than we spent this fiscal year, but don’t let the surplus fool you. No one should be proud of the surplus at the end of this fiscal year, because it was on the...
4 things you should know about budget surpluses in Arkansas
Larger surpluses mean a smaller pool of money for major programs like pre-K and often end up benefiting “pet projects.” Surplus spending is harder to track and is not subject to the same scrutiny as other “normal” budget spending....