Opinion No.

Larry Crane, Director Assessment Coordination Division Public Service Commission 1614 West Third Little Rock, Arkansas 72201

Dear Mr. Crane:

This is in response to your request for an opinion concerning several questions arising in the wake of Clark v. Union Pacific R.R. Co., 294 Ark. 586, 745 S.W.2d 600 (1988). You have posed four specific questions which will be answered seriatim below.

QUESTION 1: "Does the Clark decision apply only to the Wynne School district, in Cross County, or to other taxing units in the state?"

In response to this question, it should be noted that judgments are…