(a) The local governing body annually shall report to the Assessment Coordination Division the current value and incremental value of a redevelopment district and the properties adjacent to the redevelopment district.
(b) The division, in cooperation with other state agencies and local governments, shall make a comprehensive impact report to the Governor and to the General Assembly at the beginning of each biennium as to the economic, social, and financial effect and impact of community redevelopment financing projects.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 168 - Community Redevelopment Generally
Subchapter 3 - Community Redevelopment — Creation and Procedures
§ 14-168-303. Powers supplemental
§ 14-168-304. Powers generally
§ 14-168-305. Creation of district
§ 14-168-306. Project plan — Approval
§ 14-168-307. Project plan — Amendment
§ 14-168-308. Termination of districts
§ 14-168-309. Costs of formation
§ 14-168-310. Overlapping districts
§ 14-168-311. Valuation of real property
§ 14-168-312. Division of ad valorem real property tax revenue
§ 14-168-313. Payments in lieu of taxes and other revenues
§ 14-168-315. Redevelopment bonds or notes — Authority to issue
§ 14-168-316. Redevelopment bonds or notes — Authorizing resolution
§ 14-168-317. Redevelopment bonds or notes — Terms, conditions, etc
§ 14-168-318. Redevelopment bonds or notes — Security — Marketability
§ 14-168-319. Redevelopment bonds or notes — Special fund for repayment
§ 14-168-320. Redevelopment bonds or notes — Tax exemption
§ 14-168-323. Value of assessed property in a redevelopment district