Arkansas ends fiscal year with $655 million budget surplus

By: Tess Vrbin

Outlets: Arkansas Advocate

Published: July 2, 2026

Words: 613

Last Updated: 2 weeks, 6 days ago

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Arkansas ended the 2026 fiscal year Tuesday with a $655 million budget surplus, nearly $300 million more than the previous year, the state Department of Finance and Administration announced Thursday.

The surplus is the fifth-largest in state history, the largest being $1.628 billion four years ago. That surplus led lawmakers to cut income tax rates, which they have done four more times since then.

With the surplus for the budget year that …

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