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Home My WebLink AboutOrdinance 7040 Page 1 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Ordinance: 7040 File Number: 2026-2863 AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2026 FIXING THE RATE THEREOF AT 2.3 MILLS FOR GENERAL FUND OPERATIONS, 0.4 MILLS FOR THE FIREMEN’S PENSION AND RELIEF FUND, 0.4 MILLS FOR THE POLICEMEN’S PENSION AND RELIEF FUND, 2.5 MILLS FOR FAYETTEVILLE PUBLIC LIBRARY OPERATIONS AND 1.2 MILLS FOR THE FAYETTEVILLE PUBLIC LIBRARY EXPANSION; AND CERTIFYING THE SAME TO THE COUNTY CLERK OF WASHINGTON COUNTY, ARKANSAS BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That a tax is hereby levied on the real and personal property within the City of Fayetteville, Arkansas, for the year 2026 to be collected in 2027 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose Levy General Fund – Operations 2.3 mills Fayetteville Public Library – Operations 2.5 mills Fayetteville Public Library – Expansion 1.2 mills Policemen’s Pension and Relief Fund 0.4 mills Firemen’s Pension and Relief Fund 0.4 mills TOTAL 6.8 mills Section 2: That the real and personal property tax so levied and the rates provided therefor are hereby certified to the County Clerk of Washington County, Arkansas, to be placed in the tax book and collected in the same manner that the county and school district taxes are collected. Section 3: The City Clerk is hereby authorized and directed to file a certified copy of this Ordinance in the Office of the County Clerk for Washington County, Arkansas. Docusign Envelope ID: 31DA20AA-33C2-80B3-8032-527BF76C6560Docusign Envelope ID: F9A980E4-982F-8148-8271-F69965C280FF Ordinance: 7040 File Number: 2026-2863 Page 2 PASSED and APPROVED on October 6, 2026 Approved: _______________________________ Molly Rawn, Mayor Attest: _______________________________ Kara Paxton, City Clerk Treasurer This publication was paid for by the City Clerk-Treasurer of the City of Fayetteville, Arkansas. Amount Paid: $142.88 Docusign Envelope ID: 31DA20AA-33C2-80B3-8032-527BF76C6560Docusign Envelope ID: F9A980E4-982F-8148-8271-F69965C280FF Mailing address: 113 W. Mountain Street Fayetteville, AR 72701 www.fayetteville-ar.gov CITY COUNCIL MEMO 2026-2863 MEETING OF OCTOBER 6, 2026 TO: Mayor Rawn and City Council THROUGH: Steven Dotson, Chief Financial Officer FROM: Holly Black, Budget Director SUBJECT: 2027 Property Tax Millage Levy RECOMMENDATION: City staff recommends that City Council approve the millage levy ordinance which includes 0.4 mills for the Policemen’s Pension and Relief Fund, 0.4 mills for the Firemen’s Pension and Relief Fund, 3.7 mills for the Fayetteville Public Library, and 2.3 mills for General Fund operations. BACKGROUND: Each year the City must approve an ordinance to renew the levy of ad valorem taxes on real and personal property within the City. This request will provide for such levy on property assessed this year. As of July 29, 2026, the total assessed value of real and personal property located within the city limits of Fayetteville is approximately $3 billion. The assessed valuation comes before the Washington County Board of Equalization has made all changes to the County Assessors Abstract. DISCUSSION: City Council must approve a millage levy ordinance to continue collecting property taxes for the Policemen’s and Firemen’s Pension and Relief Funds. The funds are set at 0.4 mills for real property and 0.4 mills for personal property. A millage levy ordinance must also be approved for the operation of the Fayetteville Public Library. A millage levy for the library was first approved by voters on October 1, 2002 at 1.0 mill for real and personal property. On August 9, 2016, voters increased operations funding by 1.5 mills (for a total of 2.5 mills) and added 1.2 mills for bond debt service on the library expansion. The total levy is 3.7 mills, with the 1.2 mills ending when the bonds are retired. Finally, City staff is requesting that City Council approve a millage levy ordinance for General Fund operations in the amount of 2.3 mills for both real and personal property. A summary of the millage request is as follows: 2.3 mills for General Fund Operations 0.4 mills for the Police Pension Fund 0.4 mills for the Fire Pension Fund 2.5 mills for the Fayetteville Public Library Operations 1.2 mills for the Fayetteville Public Library Expansion 6.8 mills total Docusign Envelope ID: 31DA20AA-33C2-80B3-8032-527BF76C6560Docusign Envelope ID: F9A980E4-982F-8148-8271-F69965C280FF Mailing address: 113 W. Mountain Street Fayetteville, AR 72701 www.fayetteville-ar.gov This will keep the millage rate at the same level as the current 2026 levy. BUDGET/STAFF IMPACT: The total of 6.8 mills funds the Policemen's and Firemen's Pension and Relief Funds, the Fayetteville Public Library operations and debt service, and the City's General Fund operations. ATTACHMENTS: 3. Staff Review Form Docusign Envelope ID: 31DA20AA-33C2-80B3-8032-527BF76C6560Docusign Envelope ID: F9A980E4-982F-8148-8271-F69965C280FF Page 1 City of Fayetteville, Arkansas Legislation Text 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 File #: 2026-2863 AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2026 FIXING THE RATE THEREOF AT 2.3 MILLS FOR GENERAL FUND OPERATIONS, 0.4 MILLS FOR THE FIREMEN’S PENSION AND RELIEF FUND, 0.4 MILLS FOR THE POLICEMEN’S PENSION AND RELIEF FUND, 2.5 MILLS FOR FAYETTEVILLE PUBLIC LIBRARY OPERATIONS AND 1.2 MILLS FOR THE FAYETTEVILLE PUBLIC LIBRARY EXPANSION; AND CERTIFYING THE SAME TO THE COUNTY CLERK OF WASHINGTON COUNTY, ARKANSAS BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That a tax is hereby levied on the real and personal property within the City of Fayetteville, Arkansas, for the year 2026 to be collected in 2027 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose Levy General Fund – Operations 2.3 mills Fayetteville Public Library – Operations 2.5 mills Fayetteville Public Library – Expansion 1.2 mills Policemen’s Pension and Relief Fund 0.4 mills Firemen’s Pension and Relief Fund 0.4 mills TOTAL 6.8 mills Section 2: That the real and personal property tax so levied and the rates provided therefor are hereby certified to the County Clerk of Washington County, Arkansas, to be placed in the tax book and collected in the same manner that the county and school district taxes are collected. Section 3: The City Clerk is hereby authorized and directed to file a certified copy of this Ordinance in the Office of the County Clerk for Washington County, Arkansas. Docusign Envelope ID: 31DA20AA-33C2-80B3-8032-527BF76C6560Docusign Envelope ID: F9A980E4-982F-8148-8271-F69965C280FF City of Fayetteville Staff Review Form 2026-2863 Item ID 9/15/2026 City Council Meeting Date - Agenda Item Only N/A for Non-Agenda Item Holly Black 8/18/2026 BUDGET & INFORMATION MGMT (133) Submitted By Submitted Date Division / Department Action Recommendation: City staff recommends that City Council approve the millage levy ordinance which includes 0.4 mils for the Policemen’s Pension and Relief Fund, 0.4 mils for the Firemen’s Pension and Relief Fund, 3.7 mils for the Fayetteville Public Library, and 2.3 mils for General Fund operations. Budget Impact: Account Number Fund Project Number Project Title Budgeted Item?No Total Amended Budget $- Expenses (Actual+Encum)$- Available Budget $- Does item have a direct cost?No Item Cost $- Is a Budget Adjustment attached?No Budget Adjustment $- Remaining Budget $- V20221130 Purchase Order Number:Previous Ordinance or Resolution #6908 Change Order Number:Approval Date: Original Contract Number: Comments: Docusign Envelope ID: 31DA20AA-33C2-80B3-8032-527BF76C6560Docusign Envelope ID: F9A980E4-982F-8148-8271-F69965C280FF A urI t^ai:r,f ! ,,r,..-1 -..., ! pry WASHINGTON COUNTY STATE OF ARKANSAS Washington County Courthouse 280 North College Avenue, Suite 300 Fayettevi I le, Arkansas 72701 Telephone: (a79) 444-1711 Fax: (a79) 444-1094 BECKY LEWALLEN County And Probate Clerk City Clerk 7 Dear Clerk: Please submit the tax levy figures for your City for the year 2026. The Quorum Court meets on November l9th. I need this information by the beginning of November. Please give us the total levy figure and complete breakdown of tax in the space provided below. This information must be provided on this form. Sincerely yours, Becky Lewallen Washington County Clerk TOTAL MILLS BREAKDOWN SIGNATURE AND TITLE OF PERSON AUTHORIZED TO SUBMIT TAX Docusign Envelope ID: F9A980E4-982F-8148-8271-F69965C280FF Fayetteville Public Library - Expansion Firemen's Pension and Relief Fund Chief Financial Officer, City of Fayetteville 0.4 Mills 6.8 0.4 Mills 2.5 Mills 1.2 Mills Fayetteville Public Library - Operations Policemen's Pension and Relief Fund 2.3 MillsGeneral Fund - Operations