Arkansas governor tells agencies to brace for possible cuts

 

February 3, 2017



LITTLE ROCK, Ark. (AP) — Arkansas Gov. Asa Hutchinson said Thursday he's asked several agencies to come up with contingency plans for potential budget cuts after finance officials said the state had collected $57 million less in revenue than had been forecast.

The Republican governor told reporters he's not ready to call for any budget cuts, but that he'll decide by March whether any changes are needed given the new concerns about the state's finances. The Department of Finance and Administration said the state's net available revenue in January totaled $535.9 million, which was $15.9 million...



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