New Arkansas AG Wants Court to Reconsider Debt-Service Tax Question

Albanese, Elizabeth
November 2002
Bond Buyer;11/27/2002, Vol. 342 Issue 31522, p64
Trade Publication
Reports that Arkansas Attorney General-elect Mike Beebe urged the attorney general to ask the state Supreme Court to consider its ruling that school districts can not count debt service tax toward a state requirement that all district levy at least 25 mills of property tax. Opinions of the state education officials about the tax; Concern over the distribution of the mandated amount of the revenue; Importance of funding the school facilities.


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