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Finance Department

 
Financial Reporting
 RESOLUTION NO. 713 - End of Year 2016 Amended Budget
 
 
 
2017 Mid-Year Budget Adjustment will be posted here as soon as it is available. 
 
 
Finance Director Lonnie Clark
 
44 S. Main
Eureka Springs, AR 72632
Ph: 253-9703
fax: 253-6967 
E-mail the Finance Director here This email address is being protected from spambots. You need JavaScript enabled to view it.  
 
 
 
Director shall be responsible for all monies and revenues of all funds of the city and that said monies and revenues are deposited in the appropriate accounts in the name of the city: Director shall maintain revenue and expenditure records for the city, including budget, bookkeeping, accounting, cost analysis studies appropriations, fund allocations, payrolls, tax and insurance data, records required for bond issues, bank accounts, investments and any and all other functions generally assigned to a controller, except when requires by state law that such be done by the City Clerk/ Treasurer.
 
Sales Tax Rates
The sales tax on purchases made within the City limits is collected by the State of Arkansas who, in turn, passes back earmarked amounts to local governments such as counties and cities. The total sales tax rate of 9.375% is controlled by the following three entities and their individual sales tax rates.
 
State of Arkansas - 6.5 %
Carroll County - .5 %
City of Eureka Springs - 2.375 %
 
In addition to the taxes listed above, the City of Eureka Springs currently has a 3.00 %Hotel/Motel/Restaurant (HMR) tax on establishments engaged in the business of renting, leasing or otherwise furnishing hotel or motel accommodations, or selling prepared food for consumption, on or off premises.
 
If you have specific questions about the State of Arkansas Tax, you may call the State Sales Tax Division in Little Rock at 501-682-7104.

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