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Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.

2019 | 2018 | 2017 | 2016

Arkansas 2019 Revenue Lost to Tax Abatement Programs


Population in 2019 : not available
Total Revenue Lost: 
$61,580,000

Concerned about the lack of disclosure? We have created institutional schematics for the implementation of GASB Statement No. 77 on Tax Abatement Disclosures in the 50 states and DC: Learn who's in charge of compliance in our ROADMAP PROJECT. You can also get a CSV file of the localities in AR that did not make any tax abatement disclosures in their annual financial reports.

Download results as CSV or XML

State-level programs

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.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
 
TABULATED LOCALITY AND DISTRICT TOTAL  

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.