The Little Rock, Ark., Board of Directors approved a plan last week that would allocate revenues from a sales tax increase toward capital projects in the city.

The proposal dedicates 90% of the funding equally among the seven wards, with 10% reserved for an emergency fund.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.