Ark. Code § 26-27-314
Current with legislation from 2024 Fiscal and Special Sessions.
The county equalization board of any county may classify the personal property and zone and classify the real property in the county and determine the average value of the property so classified or zoned, or units of them, and use the average value so determined as a guide in the equalization of assessments in the county. However, all property shall be assessed according to its value as provided by law.
Ark. Code § 26-27-314