Bryant School District No. 25 40.8 Mill School Tax

The total tax rate proposed above includes the uniform rate of tax (the “Statewide Uniform Rate”) to be collected on all taxable property in the State and remitted to the State Treasurer pursuant to Amendment No. 74 to the Arkansas Constitution to be used solely for maintenance and operation of schools in the State. As provided in Amendment No. 74, the Statewide Uniform Rate replaces a portion of the existing rate of tax levied by this School District and available for maintenance and operation of schools in this District. The total proposed school tax levy of 40.8 mills includes 25.0 mills specifically voted for general maintenance and operation and 15.8 mills voted for debt service previously voted as a continuing levy pledged for the retirement of existing bonded indebtedness. The surplus revenues produced each year by debt service millage may be used by the District for other school purposes.

The total proposed school tax levy of 40.8 mills represents the same rate presently being collected.

Fountain Lake School District No. 18 34.8 Mill School Tax

The total tax rate proposed above includes the uniform tax rate (the “Statewide Uniform Rate”) to be collected on all taxable property in the State and remitted to the State Treasurer pursuant to Amendment No. 74 to the Arkansas Constitution to be used solely for maintenance and operation of schools in the State. As provided in Amendment No. 74, the Statewide

Uniform Rate replaces a portion of the existing rate of tax levied by this School District and available for maintenance and operations of schools in this District. The total proposed school tax levy of 34.8 mills includes 27.05 mills specifically voted for general maintenance and operation and 7.75 mills voted for debt service previously voted as a continuing levy pledged to the retirement of existing bonded indebtedness. The surplus revenues produced each year by debt service millage may be used by the District for other school purposes.

The total proposed school tax levy of 34.8 mills represents the same rate presently being collected.