Opinion No.

Mr. Dale Langston Director Assessment Coordination Division Arkansas Public Service Commission 1614 West Third Little Rock, Arkansas 72201

Dear Mr. Langston:

This is in response to your request for an opinion on whether A.C.A. §§26-26-401 to -409 (Repl. 1992), which provides for the adjustment of ad valorem tax rates in certain circumstances, applies in the case of a countywide property reassessment that is not part of a statewide property reappraisal.

With respect to the event that triggers a tax rate adjustment, A.C.A. §26-26-402(a)(1) provides:

Whenever a countywide reappraisal or reassessment…