On May 24th, Little Rock voters have the opportunity to vote for new funding for the Central Arkansas Library System and reduce property tax rates in Little Rock.
By voting FOR the library proposal, voters will be able to refinance existing library bonds ensuring that Little Rock taxpayers are getting the best deal and the best return on their investment.
Renewing and refinancing the current library bonds will generate more than $22 million in new funding for CALS to make improvements to library branches across our city and keep our libraries strong and vibrant for years to come.
This proposal would reduce the current property tax rate charged to Little Rock residents for library capital improvements from 1.8 mills to 1.3 mills, a tax reduction of roughly 27%.
It’s a win-win for taxpayers and the Central Arkansas Library System!
PAID FOR BY COALITION FOR NEIGHBORHOOD LIBRARIES
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.