Arkansas revenue rises in February, lowers budget cut fears

Arkansas Gov. Asa Hutchinson said Thursday an improvement in the state’s revenue collections mean it’s unlikely that state agencies will have to make budget cuts he had warned them about. The Department of Finance and Administration said the state’s revenue in February totaled $276.7 million, which was $3.2 million below the same month last year but $40.9 million above what had been forecast.