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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.

2020 | 2019 | 2018 | 2017 | 2016

Arkansas 2020 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$66,858,760
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 $408,000
ArkPlus Program Job creation; Capital investment $2,079,000
In-House Research and Development Program Research and development $18,169,000
InvestArk Program Business attraction/retention $33,629,000
Low Income Housing Program Affordable housing $761,000
Major Maintenance and Improvement Program Manufacturing $3,828,000
Targeted Business Payroll Program Job creation $0
Targeted Research Program Research and development $2,365,000
Tax Back Program Job creation $2,327,000
Tourism Development Program Tourism development $1,199,000
Water Resource Conservation and Development Program Environmental protection $514,000
Wetland and Riparian Zone Program Conservation of farmland, forest, or open space $266,000
TABULATED STATE-LEVEL TOTAL $65,545,000

Tabulated localities and districts

Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.

We estimated the reporting rate among local governments for each state using 2018 and 2019 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 234 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for AR. 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.

Why is there little or no reporting from school districts?: Unknown. Inquiry was went to the State Auditor's office but was redirected to the Finance Department.

Local government / school district financial audits are posted here.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
Little Rock Municipality $1,313,760
TABULATED LOCALITY AND DISTRICT TOTAL $1,313,760