|
|
Add to My Group
| Permalink View Article Stats Arkansas State Budget - Sunshine Review Quicklink submitted by Margaret Bassett (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
|
| Arkansas state budget for FY2011 is $4.5 billion and it became law on Feb. 26, 2010.[1] Arkansas is one of only four states in the U.S. to enter fiscal year 2011 without an official deficit.[2] Governor Mike Beebe said 'conservative budgeting and cautious spending have put Arkansas in an advantageous position.'[3] The state will receive approximately $220 million from H.R. 1586, a $26 billion plan to give states money for Medicaid and education that the President signed into law on August 10, 2010.[4] Over the past five years, Arkansas state government grew by an average of about 7%, with the biggest year of growth was for fiscal year 2005 when the state budget grew by 10.88%.[5] Arkansas has a total state debt of $7,899,579,400 when calculated by adding the total of outstanding debt, pension and OPEB UAAL's, unemployment trust funds and the 2010 budget gap |
Read the rest of the story HERE:
Comments
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.
| No comments |