Arkansas property tax info available online
By Ryan McGeeney
U of A System Division of Agriculture
Sept. 14, 2017
- Up-to-date information on property tax revenue, assessments and rates available online
- Publications available for download at https://www.uaex.edu/business-communities/government-policy/local-government-finance.aspx
- Arkansans pay the third-lowest per capita property tax revenues in the nation
(Download this story in MS Word here.)
LITTLE ROCK – As a taxpayer, it’s only natural to want to know how that money is spent. The University of Arkansas System Division of Agriculture offers up-to-date information on the property tax, including revenue, assessments and rates, all available online.
Updated publications showing the sources and beneficiaries of property tax revenue are now available, for all 75 Arkansas counties and the state, at https://www.uaex.edu/business-communities/government-policy/local-government-finance.aspx. The publications also provide information on property assessments, property tax rates (millage) and the property tax burden compared among counties and to other states in the nation.
Visitors to the site can see the sources and beneficiaries of property tax revenue in their respective counties, compare their local property tax rate (millage) with those in neighboring counties, compare the property tax burden among Arkansas counties with other states in the nation and more, said Wayne Miller, professor and extension economist for the Division of Agriculture.
“While the property tax may be unpopular, communities rely on the property tax to generate a substantial share of revenue that funds local schools, county and city governments,” Miller said. “No one likes to pay taxes, but we like good schools for our children, good roads and safe communities.”
According to key findings from the Division of Agriculture’s Community and Economic Development Department’s most recent publication, property tax revenue generated $2.3 billion statewide for county and city governments and school districts in 2016. Seventy-seven percent ($1.7 billion) of this revenue went to school districts, covering about 32 percent of their revenue for the 2015-2016 school year. Counties received 15 percent of property tax revenue, and cities received the remaining 8 percent.
Despite the importance of property tax revenue to local governments, the property tax burden placed upon Arkansans was relatively low compared to other states in 2014, according to the report. The state’s $672 per capita property tax revenue is the third-lowest in the nation; the 1.8 percent share of personal income typically collected by the property tax in the state is the fourth-lowest.
To learn about resources and programs available to improve the quality of life in your community, contact your local Cooperative Extension Service agent or visit www.uaex.edu.
About the Division of Agriculture
The University of Arkansas System Division of Agriculture’s mission is to strengthen agriculture, communities, and families by connecting trusted research to the adoption of best practices. Through the Agricultural Experiment Station and the Cooperative Extension Service, the Division of Agriculture conducts research and extension work within the nation’s historic land grant education system.
The Division of Agriculture is one of 20 entities within the University of Arkansas System. It has offices in all 75 counties in Arkansas and faculty on five system campuses.
The University of Arkansas System Division of Agriculture offers all its Extension and Research programs to all eligible persons without regard to race, color, sex, gender identity, sexual orientation, national origin, religion, age, disability, marital or veteran status, genetic information, or any other legally protected status, and is an Affirmative Action/Equal Opportunity Employer.
# # #
Media Contact: Mary Hightower
Dir. of Communication Services
U of A System Division of Agriculture
Cooperative Extension Service