By making an appointment during the appeal period in the month of August and meeting with the Board of Equalization.
Archives: FAQs
When will I get my tax bill?
In March of the following year.
In my business I use my personal computer and desk. Do I have to assess them under my business name?
Yes, once any item is used for business it becomes assessable under the business name.
I just moved to Arkansas. What is the assessment process?
Assessment Process (PDF)
Who do I contact about property that has been taken by the state for back taxes?
Contact the State Land Commissioner’s office at (501) 324-9222 or on the web at https://cosl.org/
A homeowner asks, “I’m turning 65 in July, does that mean that my property taxes won’t go up this year?
Amendment 79 caps the assessment on a person’s principle place of residence once he or she is 65 years of age. It does not cap taxes. Even if someone’s assessment does not increase, his or her taxes will if there is a millage rate increase in the city, county, or school district where he or she resides.
I bought my house from my father-in-law for $20,000 last year. Why is it appraised for $80,000?
The appraised value of your property for ad valorem tax purposes is based upon current market value. Market value is the most probable price that a property would bring if exposed to the open market for a reasonable period of time. It is the price that a willing buyer and a willing seller would agree upon under usual and ordinary circumstances in the open market.
Why did the appraiser measure that old barn at the back of my property when it’s not worth anything?
The AACD Rules and Regulations require all real estate improvements to be listed on the property record card. That includes any improvements that are deemed to have no contributory value. Dimensional elements of NCV (no contributory value) improvements are optional.
Do I have to let the appraiser in my house?
No. Interior inspections of residences are not required.
What gives the assessor’s appraiser the authority to come on someone’s property?
Arkansas law makes it the assessor’s responsibility to physically inspect property to determine what is there that gives the value. A.C.A. 26-26-91(b)(1) states: “For the purpose of enabling the assessor to determine just and equitable values of property, he is authorized, and it shall be his duty, to enter upon and make such personal inspections thereof as he shall deem necessary.”