§ 26-80-111 — School districts formed by consolidation, annexation, or merger

Arkansas § 26-80-111

• Jurisdiction: Arkansas
• Title: 26

Text

(a) (1) When a new school district is created from all or parts of two (2) or more districts or a school district is dissolved and all or part of the area of the dissolved school district is annexed to or consolidated with an existing school district, the board of directors of the resulting school district shall submit to the electors of the school district at the next annual school election a proposed tax millage rate for the school district. (2) If the proposed millage rate is approved by the electors of the school district, it shall be the rate for the school district, provided that the rate complies with the uniform rate of tax. (b) (1) If a new school district is created from all or parts of two (2) or more school districts or a school district is dissolved and all or part of the area of the dissolved school district is annexed to or consolidated with an existing school district and if the electors have failed to approve a proposed millage rate at a school election, then the tax shall be collected at the rate approved in the last preceding school election. (2) However, if the rate last approved has been modified pursuant to Arkansas Constitution, Article 14, § 3(b), or Arkansas Constitution, Article 14, § 3(c)(2), then the tax shall be collected at the modified rate until another rate is approved.

Legislative History

Acts 1992 (1st Ex. Sess.), No. 57, § 1; 1997, No. 1300, § 16; 2003 (2nd Ex. Sess.), No. 28, § 8; 2003 (2nd Ex. Sess.), No. 105, § 10.