TITLE

Record Revenue Surplus

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/11/2006, Vol. 357 Issue 34220, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Arkansas Department of Finance and Administration announced a record revenue surplus for fiscal 2006 of $402.7 million. The extra cash can be rolled into the budgets for fiscal years 2007 and 2008. The proposals for the extra cash include school facilities, rainy-day fund, college scholarships, and incentives for producers of biodiesel fuel. Governor Mike Huckabee wants to see some of the money go back to taxpayers through a tax cut or rebate.
ACCESSION #
21580324

 

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