County Officials Differ On Road Tax
Posted: November 17, 2012 at 2:35 a.m.
Some Benton County officials disagree on how best to use the $1.2 million the county expects to receive as its annual share of the recently approved state sales tax for highways.
At A Glance
What Was Approved
Arkansas voters approved an amendment to the constitution Nov. 6 that will increase the state’s sales tax by 0.5 percent — to 6.5 percent — for 10 years. The bulk of the money, estimated at $2.8 billion, is earmarked for the state’s four-lane highways. Groceries, gasoline and medicine are exempt from the added tax. As part of the proposal, cities and counties will also receive a share of the proceeds. Benton County’s share of the tax has been put at $1,288,884 annually or $12,888,836 over the 10 years of the tax. Rogers is slated to receive $996,835, Bentonville, $628,784, Bella Vista $471,325, Siloam Springs $267,876 and Centerton $169,482. Smaller cities will receive lesser amounts based on population.
Source: Staff Report
This story is only available from our archives.