Editing Baxter County, Arkansas (section)

===Taxation===
{{See also|Taxation in the United States}}
[[Property tax]] is assessed by the Baxter County Assessor annually based upon the fair market value of the property and determining which tax rate, commonly called a ''millage'' in Arkansas, will apply. The rate depends upon the property's location with respect to city limits, school district, and special [[tax increment financing]] (TIF) districts. This tax is collected by the Baxter County Collector between the first business day of March of each year through October 15 without penalty. The Baxter County Treasurer disburses tax revenues to various government agencies, such as cities, county road departments, fire departments, libraries, and police departments in accordance with the budget set by the quorum court.

Sales and use taxes in Arkansas are voter approved and collected by the [[Arkansas Department of Finance and Administration]].
Arkansas's statewide [[sales tax|sales]] and [[use tax]] has been 6.5% since July 1, 2013.<ref>{{cite web |title= State Tax Rates |date= January 1, 2019 |url= https://www.dfa.arkansas.gov/excise-tax/sales-and-use-tax/state-tax-rates/ |publisher= Arkansas Department of Finance and Administration |access-date= September 2, 2023 }}</ref> Baxter County has an additional sales and use tax of 1.25% since January 1, 2019. Within Baxter County, the City of Mountain Home has had an additional 2.125% sales and use tax since July 1, 2021, and Cotter has had an additional 2% since January 1, 2022, with the remaining incorporated communities having 1.00% sales and use tax rates.<ref>{{cite web |title= List of Cities and Counties with Local Sales and Use Tax |date= July–September 2023 |url= https://www.dfa.arkansas.gov/images/uploads/exciseTaxOffice/cityCountyTaxTable.pdf |publisher= Arkansas Department of Finance and Administration |access-date= September 2, 2023 }}</ref> The [[Arkansas State Treasurer]] disburses tax revenue to counties/cities in accordance with tax rules.