Robert Brench has been named as the state budget director in the Arkansas Department of Finance and Administration (DFA). DFA Secretary Larry Walther announced that Brench would be taking the position, which will charge him with building a budget for…
Larry Walther
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Starting in 2021, DFA Will Collect Arkansas Franchise Taxes
by AMP Staffby AMP StaffStarting in 2021, the Arkansas Department of Finance and Administration (DFA) will begin collecting and processing franchise taxes. The DFA will begin accepting franchise taxes on Jan. 1, 2021, per Act 819 of the 2019 legislative session. Previously, the Arkansas…
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Arkansas Lottery Director Resigns After Eight Year Tenure
by Tyler Haleby Tyler HaleThe head of the Arkansas Scholarship Lottery is stepping down after eight years. Bishop Woosley will be resigning as the director of the Arkansas Scholarship Lottery, effective Aug. 3. Woosley informed Arkansas Department of Finance and Administration (DFA) Secretary Larry…
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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…
The Arkansas General Assembly is expected to begin meeting Thursday, March 26 in special session to address the coronavirus pandemic in Arkansas. Gov. Asa Hutchinson announced that he is planning to begin the special session on Thursday. However, he noted…
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Arkansas Faces $353 Million Budget Shortfall, Tax Deadline Extended to July
by Tyler Haleby Tyler HaleThe economic slow-down, caused by the ongoing coronavirus pandemic, is leaving the state of Arkansas with a significant budget shortfall. Gov. Asa Hutchinson announced that the state would be facing more than $350 million in budget shortfalls between now and…