The 88th General Assembly
has convened the 2012 fiscal session

Wednesday, May 2, 2007

Arkansas Revenue Report for April, 2007

Collections of net available general revenues fiscal year-to-date of almost $3.7 billion increased by $551.1 million in April. That is $40.3 million, or 7.9%, more than a year ago. It is also $30.7 million, or 6%, above forecast.

Gross receipts collections for April, which include sales/use taxes, totaled $185.2 million, which is an increase of 6% from April, 2006 (and came in about 3.2 %, or $5.7 million, above forecast). Individual income tax collections are up 7.7% and corporate income tax collections are 44.7%, and both come in above forecast.

It does not appear as though the report has been posted online yet, but when it is, you can find it here (the March, 2007 report is currently at the link).