Tyson Foods released its latest quarterly fiscal report on Monday, which showed its performances in sales and earnings this year were record-breaking. According to the report, the company made $13.737 billion in sales during the fourth-quarter, compared to $12.811 billion…
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Revenue Continues to Rise in Arkansas with Year’s Surplus Growing to $980 Million
by Tyler Haleby Tyler HaleArkansas’ coffers grew in May, with the state’s net available general revenue totaling $655.2 million. For the month, Arkansas was 67.1 percent, or $263.2 million, above the state’s forecast for May’s revenue. Compared to May 2020, the state was up…
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Net Sales, Profits Down for Dillard’s in Fiscal Year 2020
by Tyler Haleby Tyler HaleSales and profits were down for Dillard’s in fiscal year 2020 as a result of bruising conditions imposed by the COVID-19 pandemic. The Little Rock-based clothing retailer released its fiscal report on Monday, March 29, showing that the company had…
The University of Arkansas for Medical Sciences (UAMS) raised more than $41.5 million during the 2020 fiscal year, doubling the fundraising total for 2019. The announcement was made on Aug. 18 at the quarterly meeting of the UAMS Board of…
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Arkansas Beats Revenue Projection for Fiscal Year; State Employees Get Merit Pay
by Tyler Haleby Tyler HaleArkansas has beaten its projected revenue numbers for the ending fiscal year, according to state officials. Gov. Asa Hutchinson announced that the state exceeded the revenue projection by approximately $360 million for the fiscal year that ended June 30. “It’s…
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View from the Senate: Controlling Growth in Medicaid Spending
by AMP Staffby AMP StaffAlmost three years ago a task force of Arkansas legislators submitted its final report on how to control the growing costs of the state Medicaid program. Since then the state Human Services Department (DHS) has adopted a series of reforms…
The Arkansas Scholarship Lottery (ASL) is celebrating record-breaking revenue and ticket sales during the last fiscal year. Students this year will receive a total of $98,411,747 in scholarships, a $6.6 million increase over the previous year. “We broke the previous…
This week I presented to the Legislative Joint Budget Committee my proposed balanced budget for Fiscal Year 2020, and it reflects my commitment to public safety, teachers and education, and tax cuts. This balanced budget plan, which the General Assembly…