Budget proposal issued by governor; more tax-cutting included in plan
Hutchinson proposed a $5.84 billion general revenue budget.
By Michael R. Wickline
Gov. Asa Hutchinson proposed a $5.84 billion general revenue budget for the fiscal year starting July 1 -- a $161 million increase over the current funded budget of $5.68 billion -- with planning for $50 million a year in income-tax cuts for low- and moderate-income Arkansans.
Most of the increased general tax revenue would go to human services programs, public schools and colleges and universities under the Republican governor's fiscal 2022 budget. READ MORE.