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STATE OF ARKANSAS ASSESSMENT …

STATE OF ARKANSAS ASSESSMENT COORDINATION DEPARTMENT 900 WEST CAPITOL AVENUE SUITE 320 LITTLE ROCK, ARKANSAS 72201-1815 PHONE (501) 324-9240 FAX (501) 324-9242 Bear Chaney Director March 28, 2018 RE: Review of ARKANSAS Valuation of Minerals for Property Tax Purposes In mid-2017, the ARKANSAS ASSESSMENT Coordination Department (ACD) contracted with Resource Technologies Corporation (RTC), a nationally-recognized minerals valuation consultant, to review the valuation of minerals and related equipment for property tax purposes in ARKANSAS . The review includes the valuation of oil, natural gas and hard minerals such as sand, gravel, stone and coal.

hone state of arkansas assessment coordination department 900 west capitol avenue suite 320 little rock, arkansas 72201-1815 p (501) 324-9240 fax (501) 324-9242 director bear chaney

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