State Tax Revenue Rises 5.6% in July

First month of fiscal year 2026 sees 3.4% increase in general revenue collections, state officials say | Northwest Arkansas Democrat-Gazette

Fueled by increased sales and use and individual tax collections, Arkansas' state government's general revenue collections in July increased by $21 million or 3.4% over the collections in July 2024 to $636.8 million, the state Department of Finance and Administration reported Monday.

State Tax Revenue Rises 5.6% in July

Arkansas’ net available general revenue totaled $557.5 million in July, up $29.8 million, or 5.6%, from the same month last year and $29.2 million, or 5.5%, above forecast, the state Department of Finance and Administration reported Monday. Gross general revenue for the month came to $636.8 million, an increase of $21 million, or 3.4%, from July 2024 and $30.1 million, or 5%, above forecast. Revenue outperformed expectations in corporate and ind…