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The Arkansas Department of Finance and Administration (commonly DFA within the state) is a department of the government of Arkansas under the Governor of Arkansas.. The DFA is a cabinet level agency in the executive branch of government responsible for providing citizens with tax, licensure, or child support service and state agencies in their administration and budgeting.
Following reorganization in 2019, Arkansas state government's executive branch contains fifteen cabinet-level departments. Many formerly independent departments were consolidated as "divisions" under newly created departments under a shared services model.
The economy of Arkansas produced $176.24 billion of gross domestic product in 2023. [1] Six Fortune 500 companies are based in Arkansas, including the world's #1 corporation by revenue, Walmart. [8] Arkansas's per capita income for 2023 was $54,347, and the median household income was $55,432, which ranked 47th among U.S. states. [2] [9]
North Little Rock (often abbreviated "NLR") is a city in Pulaski County, Arkansas, United States. Located on the north side of the Arkansas River , it is the twin city of Little Rock . In the late nineteenth century, it was annexed by Little Rock for a period, but regained its independence in the early 20th century.
Stephens Inc. is a privately held, independent financial services firm headquartered in Little Rock, Arkansas. [1] As one of the largest privately owned investment banks in the United States, [2] Stephens has 28 offices worldwide and employs more than 1,200 people. [3] Warren Stephens is chairman, president and chief executive officer of ...
Sales and use taxes in Arkansas are voter approved and collected by the Arkansas Department of Finance and Administration. Arkansas's statewide sales and use tax has been 6.5% since July 1, 2013. [36] Randolph County has an additional sales and use tax of 1.25%, which has been in effect since January 1, 1999.
The lowest point in the state of Arkansas is located on the Ouachita River in Ashley County and Union County, where it flows out of Arkansas and into Louisiana. The county is located approximately 58 miles (93 km) north of Monroe, Louisiana, 118 miles (190 km) south of Little Rock, and 158 miles (254 km) northwest of Jackson, Mississippi. [Note 1]
Little Rock [a] is the capital and most populous city of the U.S. state of Arkansas.The city's population was 202,591 as of the 2020 census. [4] The six-county Little Rock metropolitan area is the 81st-most populous in the United States with 748,031 residents according to the 2020 census.