Imagine What Your Child Could Do With the Right Education. Arizona Virtual Academy (AZVA) and K12; work together, in partnership with you, to awaken the joy of learning in your child, giving Arizona students in grades K-12 the chance to learn in the ways that are right for them. The result can be greater academic success, confidence, and independence, both in school and beyond.
Arkansas does not allow local jurisdictions like cities or counties to collect a local sales tax. The Arkansas state sales tax of 6.5% is applicable statewide. You can view the sales tax rates for various cities in Arkansas here.
Property Tax. The State of Arkansas does not have a property tax; however, Arkansas cities and counties do collect property tax, which is the principal source of revenue for funding local public schools. The tax is calculated based on 20% of the fair market value of real and personal property and the average annual value of merchants' stocks and/or manufacturers' inventories based on millage rates in individual school districts.