Arkansas Code Title 6. Education § 6-53-603. Tax levies

(a)(1) A tax levied under this subchapter shall be a continuing levy unless otherwise provided by law.

(2) A tax levy may be reduced or repealed, with the exception of the amount of tax required to service an outstanding bond, or the tax may be increased upon approval thereof by a majority of the qualified electors of the district voting on the issue at the next election called by the local board or acting local board under § 7-11-205.