OPERATING EXPENDITURES EXCEED CPI

 

(May 2016) Total operating expenditures at four Arkansas state departments have increased at average annual rates greater than the Consumer Price Index (CPI) since the last recession ended in mid-2009.  These actual agency expenditures1 increased at annual rates ranging from 3.8% (Community Corrections) to 1.9% (Education Department, Public School Fund) versus 1.5% inflation (CPI):

 

                                                                                    Total Operating Expenditures (TOE)

 

                                                                                    FY 2009                      FY 2015

 

Community Correction Department                                 $73,206,567                $89,680,879

Correction Department                                                  $312,146,486              $375,658,284

Education Department (Public School Fund)             $2,508,833,829           $2,789,146,233

Education Department (Subtotal)                               $3,199,580,179           $3,457,588,679

Health Department                                                        $325,364,543              $370,387,770

 

                                                                                    TOE Percentage Increase

 

                                                                                    Total                            Annual Average

 

Community Correction Department                           22.5%                          3.8%

Correction Department                                               20.3%                          3.4%

Education Department (Public School Fund)             11.2%                          1.9%

Education Department (Subtotal)                                 8.1%                          1.4%

Health Department                                                     13.8%                          2.3%



1 http://www.dfa.arkansas.gov/offices/budget/Pages/actualExpenditures.aspx