Little Rock sales tax proposal changed to include 10-year sunset; spending changes.
Little Rock sales tax proposal changed to include 10-year sunset; spending changes and promises on an early childhood program
As Lindsey Millar reported earlier this week, a compromise appears in the works on a
Little Rock sales tax proposal.
With backing from
Director Kathy Webb, who’d earlier led a move to delay a vote on calling a special election until July, the Board will take up the issue sooner, this Tuesday.
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The agenda now includes an ordinance to call a special election Sept. 14 on a one-city sales tax increase effective Jan. 1 (which will mean 5/8ths of a cent increase in the current rate because of the expiration of a 3/8ths of a cent 10-year tax.) But it would expire in 10 years, on Dec. 31, 2031. Previously, it would have been permanent.