The BSD Millage, Part 2: How Batesville tax rates stack up

This article is the second in a series about the upcoming School Millage vote.

The upcoming school millage vote affects property tax, but not all millage votes do. For instance the vote to build the community center affected the local sales tax rate.

In order to consider a tax increase, voters need to know about our current tax rates. Here’s how both our property taxes and sales taxes stack up against other areas.

Our Sales Tax Rate

In 2010, Batesville voters said no (by 70 votes) to a $45 million project.

The proposal was adjusted, and in 2012, voters said yes to a $25 million project that included a 100,000 square foot Community Center, $2.1 million baseball complex, and $800,000 soccer complex and rodeo arena.

The community center opened in June 2017, and one year later had 8,400 members.

In 2008, voters said yes to a 1/4 cent sales tax increase that allowed the county to offer an incentive package to attract industry to the area.

When Pilgrim’s Pride shut down operations in Batesville in 2013, which affected 400 employees, the Independence County Economic Development Commission was able to attract Ozark Mountain Poultry to the area, and retain 250 employees, because of this incentive.

Arkansas has the third highest combined average state and local sales tax rate in the nation, at 9.43 percent.

Batesville is above the Arkansas average, at 10 percent. Sulphur Rock is below average at 8 percent. To check a rate for a specific address, click here.

See chart below for how Batesville’s sales tax rate compares to other cities in Arkansas. It is currently the same as Fayetteville and Bentonville, and below Conway.

Our Property Tax Rate

Currently, Batesville has an average school millage for Arkansas.

Passing the minimum plan would put the district’s millage in between Fayetteville and Bentonville school districts (see chart below).

Bentonville and Fayetteville school districts are growing (at rates of 7.5 and 6.3 percent, respectively, since 2016). The Batesville school district is growing at a similar rate, 6 percent.

Passing the complete plan would position Batesville as having the second highest school millage rate in the state (see chart below).

It would also place Batesville as having the highest overall total millage rate in the state (includes school, city, and county millage rates).

…compared to other states:

Arkansas property tax rates are lower than most other states. (Arkansas has the fifth lowest median property tax rate in the nation.)

Summary:

Property tax rates in Batesville and in Arkansas have some room to grow. Sales tax rates do not.

To read the author’s disclaimer and see a list of sources, click here.

To read the first article in the series, click here.

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