(a)(1) Upon the approval of a majority of the qualified voters in the school district voting in the school election, the board of directors of each local school district may designate as dedicated maintenance and operation millage some of the school district's additional maintenance and operation millage that exceeds the uniform rate of tax.(2) The approved tax shall be assessed, levied, and collected as provided by law for other school taxes.(b) Any funds received from the collection of a dedicated maintenance and operations tax shall be used only for maintenance and operation purposes specifically approved by the majority of the qualified voters of the school district voting in the school election and for no other purposes than those that were stated on the ballot.(c) Any levy of a dedicated maintenance and operation millage shall be limited as set forth in subsection (b) of this section and shall not exceed three (3) mills.(d) Any levy of a dedicated maintenance and operation millage must be specified on the ballot, and that specification must list the purpose for which the dedicated maintenance and operation millage is levied.(e) Dedicated maintenance and operation millage may e must be specified on the ballot, and that specification must list the purpose for which the dedicated maintenance and operation millage is levied.(e) Dedicated maintenance and operation millage may not be used by a school district to comply with the uniform rate of tax levy.Acts 1989, No. 171, §§ 1-3; 1991, No. 839, § 1; 1993, No. 1276, § 1; 1995, No. 917, § 9; 1997, No. 1300, § 15; 2003 (2nd Ex. Sess.), No. 28, § 7; 2003 (2nd Ex. Sess.), No. 105, § 9.
Arkansas Legal Code