Arkansas state leaders begin first day of budget hearings | What to know
State Senators and Representatives of the Arkansas Legislative Council (ALC) and Joint Budget Committee came together for the first day of budget hearings which was held on Tuesday.
By: Maya Ellison
THV11
LITTLE ROCK, Ark. — State Senators and Representatives of the Arkansas Legislative Council (ALC) and Joint Budget Committee came together for the first day of budget hearings which was held on Tuesday.
After five income tax reductions over the course of three years, many have been wondering how the legislature will adjust spending when they meet next year.
According to the Department of Finance and Administration, three income tax reductions have occurred under Gov. Sanders— lowering the rate from 4.4 to 3.9%. With these changes, state officials are now at a point in the year where they can set the tone for next year's budget.
"Agencies come to us what the proposed want is for their appropriations for the upcoming budget, and we just drill down into those and we ask questions about why you need this amount of appropriation. You know your spending doesn't match your appropriation," Rep. Frances Cavenaugh, (R-Walnut Ridge), said.
On Tuesday, state summaries presented by committee representatives displayed detailed numbers of funding and percentages— showing where money is coming from and where it could go next year.
This month, state boards, commissions, and agencies will face questions from senators and representatives including analysis of discrepancies and reiterations of already proposed budgets.
Rep. Cavenaugh was one of many officials who were vocal during Tuesday's first session as she said her asking the drilling questions leads to seeing if there's a way to better use those.
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