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Dws Ark 237 How  Form

Dws Ark 237 How Form

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and one of the biggest business stories of the last week centers on the state's unemployment trust fund this is a state fund that pays unemployment benefits to laid off workers it's been about 360 million dollars in debt to the federal government having borrowed a lot of money during the past two years due to the spike in unemployed workers in the last legislative session State lawmakers passed two bills to help Shore up the fund one made changes to the benefits allowed the other gave the governor authority to call an election for a bond issue to float bonds to pay off the debt to the feds the theory being that the state could pay off the debt for a lower interest rate on the bonds than the interest owed to the federal government Now new data released by the Arkansas Department of Workforce Services this week shows that a bond issue might not resolve the problem any less expensively than letting the new changes take effect in short without bonds the trust fund balance c

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