Ark. begins fiscal year ahead of predictions
Arkansas began its fiscal year last month ahead of predictions and last year's figures, buoyed by a large amount of revenue from unclaimed property, state officials said Monday.
State government is on track to end its budget year on June 30 with a $197.5 million deficit, and that shortfall will promptly be wiped out with a legislature-approved budgetary maneuver, state Comptroller Kevin Lembo announced today.