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Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due. Various techniques may be used to ...
Since 1 January 2019, Arkansas' state sales tax on unprepared food (groceries) was reduced to 0.125% (penny per $8) from 1.5%. Sales taxes on groceries had previously been reduced to 1.5% from 2% on July 1, 2011, to 2% from 3% on July 1, 2009, and to 3% from 6% on July 1, 2007. Local sales taxes on groceries remained unchanged.
This list of Arkansas Townships is based on the U. S. Census (2000) list of places in Arkansas. There are also former townships that have been combined with others or absorbed by urban expansion. Arkansas counties are divided into townships. Each township includes unincorporated space and some may have one or more incorporated towns or cities.
The increase in the millage rate means real estate tax revenue is budgeted at $58.2 million for 2024, up 22.3% from 2023. Here's why Monroe County is raising property taxes for the first time in ...
Monroe County is located in the Arkansas Delta in the U.S. state of Arkansas.The county is named for James Monroe, the fifth President of the United States.Created as Arkansas's 20th county on November 2, 1829, Monroe County is home to two incorporated towns and three incorporated cities, including Clarendon, the county seat, and Brinkley, the most populous city.
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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. [63] Arkansas County has an additional sales and use tax of 1.0%, which has been in effect since January 1, 1998.