LITTLE ROCK, Ark. – The Arkansas Department of Finance and Administration’s revenue report for December 2025 shows the state continues to collect above forecast levels.
DFA Secretary Jim Hudson said that while December numbers were mixed, year-to-date figures show the state is ahead of forecast as it reaches the halfway point of its fiscal year.
“December 2025 gross general revenue was ahead of forecast by $3.6 million, while net general revenue was just under forecast by $5.8 million, largely due to higher-than-expected corporate income tax refunds,” Hudson said. “Halfway through the 2026 fiscal year, the state’s revenue collections are stable and $102 million ahead of forecast. The department will issue an updated forecast in late January for the remainder of fiscal year 2026 and for fiscal year 2027 in preparation for the upcoming fiscal legislative session.”
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Gross revenue is the total amount of dollars collected, while net revenue is the gross revenue minus fees, such as tax refunds…