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Arkansas 2019 Revenue Lost to Tax Abatement Programs
Population in 2019 : not available
Concerned about the low disclosure? We have created institutional schematics for GASB-77 implementation in 50 states and DC. Learn who's in charge of compliance in our ROADMAP PROJECT. You can also get a CSV file of noncomplying jurisdictions in the state.
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|Advantage Arkansas Program||Job creation||$936,000|
|ArkPlus Program||Job creation; capital investment||$5,049,000|
|In-House Research and Development Program||Research and development||$3,999,000|
|InvestArk Program||Business retention||$46,072,000|
|Low Income Housing Program||Affordable housing||$305,000|
|Major Maintenance and Improvement Program||Job retention||$1,281,000|
|Targeted Business Payroll Program||Job creation||$0|
|Targeted Research Program||Research and development||$289,000|
|Tax Back Program||Job creation||$959,000|
|Tourism Development Program||Tourism development||$1,880,000|
|Water Resource Conservation and Development Program||Resource conservation||$541,000|
|Wetland and Riparian Zone Program||Preservation of open space, farmland, wetland and/or forestland||$269,000|
|TABULATED STATE-LEVEL TOTAL||$61,580,000|
Tabulated localities and districts
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
Local government reporting rate
We estimated the reporting rate among local governments for each state using 2018 data. This is to gauge how much data is available in that state.
For Arkansas, the estimated reporting rate is as follows:
Cities/counties: 1 out of 17 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
School districts: 0 out of 187 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.