Arkansas

Unlike its neighbors, Arkansas does not tap its general revenues for transportation projects.

Arkansas lawmakers ended a special session Monday with approval of a bill to raise $50 million for highways, allowing the state to receive $200 million in federal funds.

A Colorado lawmaker’s proposal for a $3.5 billion state road bond referendum fails in the final hours of 2016 session.

Arkansas revenues remained above the forecast for March as state legislators prepared to open a special session dealing with Medicaid expansion.

With revenue rising more than 28% in February, Arkansas is on track to a $35.9 million surplus by the end of the fiscal year, state officials said.

Municipal bond primary market volume in the Southwest surpassed the previous record set in 2008, climbing 20% to $77.7 billion.

Arkansas Gov. Asa Hutchinson wants to raise state transportation funding by $750 million over 10 years without raising taxes.

Arkansas revenues for December fell below those reported for the same month in 2014 but managed to surpass expectations by $7.7 million.

A healthy increase in sales and use tax revenue indicates growing consumer confidence, Arkansas officials said.

Like Depression-era Arkansas, Puerto Rico took on too much debt, leading to a crisis when the worldwide economy shrank. But there are some key differences.