Arkansas Election Results

Siloam Springs Bonds and Tax — Benton County

Bonds of the City of Siloam Springs in the maximum aggregate principal amount of $55,000,000 for the purpose of financing all or a portion of the costs of extensions, betterments and improvements to the City's wastewater facilities, including particularly, without limitation, wastewater treatment plant and sewer collection infrastructure, and, in order to pay the bonds, the levy and pledge of a 0.625% local sales and use tax within the City. If the bonds are approved, there will be levied within the City a 0.625% local sales and use tax (the "Bond Tax"), the net collections of which remaining after deduction of the administrative charges of the State and required rebates will be used solely to retire or pay obligations with respect to the bonds in accordance with Amendment No. 62 to the Arkansas Constitution. The Bond Tax will expire after the bonds have been paid or provision is made therefor in accordance with Arkansas statutes. The Bond Tax will replace the City's existing 0.625% sales and use tax levied in 2018 for the purpose of retiring bonds to finance water improvements (the "2018 Tax"). The effective date of the Bond Tax will be the day following the date that the 2018 Tax expires. Proceeds of the bonds may fund a debt service reserve and pay expenses of issuing the bonds. The bonds may be issued at one time or in series from time to time.

Total votes: 0 · Updated Sept. 30, 2026, 11:46 a.m.