Arkansas Code Title 26. Taxation § 26-80-402. Definitions

(1) “Additional maintenance and operation millage” means millage levied by the electors of a local school district for maintenance and operation in excess of those required by the uniform rate of tax;

(2) “Debt service millage” means the total number of mills voted by the electors of a school district to be pledged as security for the retirement of bonded indebtedness;

(3) “Dedicated maintenance and operation millage” means millage levied by the electors of a local school district and used for those purposes set forth under § 26-80-110;

(4) “Maintenance and operation millage” means millage levied by the electors of a local school district for the maintenance and operation of the school district;

(5) “Millage rate” means the millage rate listed in the most recent tax ordinance approved by the county quorum court under the authority of § 14-14-904;