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What gives the assessor the authority to come on to
someone’s property? ^ |
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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.” |
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Do I have to let the appraiser in my house? ^ |
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No. Interior inspections of residences are not
required. |
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Why did the appraiser measure that old barn at
the back of my property when it’s not worth
anything? ^ |
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The ACD 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. |
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I bought my house from my father-in-law for
$20,000 last year. Why is it appraised for $80,000? ^ |
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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. |
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Where are the values for personal property
derived? ^ |
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Values are based on market research by the state of Arkansas. |
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When is the deadline for assessing personal
property? ^ |
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The deadline for assessing all types of personal
property; including exempt property is May 31st.
Assessments filed after this date will include a
10% penalty. |
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How can I appeal my assessment? ^ |
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Click on Appeals Process. |
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What are the requirements for a taxpayer to
receive a $350 homestead tax credit on his/her
property taxes? ^ |
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The property has to be the principal place of
residence for the taxpayer. He must be either an
owner, purchaser under a recorded contract to
purchase, holder of a recorded life estate, or a
person who has formed a revocable trust that owns
the property. If you meet these requirements you
will find more information on the forms page. |
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Are disabled veterans required to pay property
taxes on their real or personal property? ^ |
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In some cases the answer would
be no, in addition, surviving spouses and minor
dependents of disabled veterans may not be required
to pay those property taxes. For more information
contact the
County Collector’s Office. |
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Who do I contact about property that has been
taken by the state for back taxes? ^ |
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Contact the State Land Commissioner’s office at
(501) 324-9222 or on the web at
www.state.ar.us/land/land.html |
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Who do I call about:
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- Receiving my tax bill?
- Proof of payment of my taxes?
- Checking my personal property assessment?
- Checking my real estate assessment?
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- Receiving your tax bill – Benton County Collector – (479)271-1040
- Proof of payment of your taxes – Benton County Collector – (479)
271-1040
- Checking your personal property assessment – Benton County Assessor’s
Personal Property Division (479) 271-1033
- Checking your real estate assessment – Benton County Assessor’s Real
Estate Division (479) 271-1037
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The property taxes on my home are $325; will the
state send me $25 so I get the full credit? ^ |
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No. Amendment 79 provides that the
tax credit will be for up to $350. If your taxes are
lower than $350, the credit pays your full tax bill,
but nothing more. |
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A homeowner asks, “I’m turning 65 in July, does
that mean that my property taxes won’t go up this
year?
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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. Instructions are on the Homestead Application. All
applications must be filled out, signed and mailed into the
Assessor’s Office. |