FAQs: Tax Distribution
Real Estate and Personal Property taxes are the primary funding mechanism for our public schools. Each year, school administrators determine their budgets using the assessment values and last years tax collections. A quality education is necessary for the growth of our county. An educated workforce is a key pathway to economic success. Currently, there are 10 school districts in the county. Approximately 76.3% of the average tax bill that we collect, is paid to our local schools. That is an average of $.76 of every dollar the taxpayer pays in county taxes goes directly to fund our school's operations and teacher salaries.
The Assessor establishes the value of your property. The Collector does not assess property, for assessment information go to the Assessor’s Website, or call 501-303-5620.
See Amendment 79
26-23-204. Tax bill information.
In order to assist property taxpayers to better understand their property tax bills, the following information shall be included on each tax bill sent by the county collector:
(1) The dollar amount of the taxpayer's total tax bill distributed to each taxing unit in the county where the taxpayer's property is taxed;
(2) The millage rate (a mill is 1/10 of a cent) levied by each taxing unit used to determine the tax distribution to each taxing unit and the percentage of the full value of the taxpayer's property that each millage rate levy represents;
(3) The percentage of the full value of the property shall be calculated by multiplying the legal assessment level by the appropriate millage rate levy; and
(4) The sum of the millage rates levied by each taxing unit, the percentage of the full value of the taxpayer's property that the sum of the millage rate levies represents, and the total dollar amount due and billed.