LITTLE ROCK, Ark. (October 22, 2024) – The Little Rock Regional Chamber’s Board of Directors voted in support of the Results for the Rock initiative, a one-cent sales tax increase that will generate $650 million over the next 10 years to invest in Little Rock’s public safety, infrastructure, and economic development. The Chamber believes that this critical measure will help secure a safer, more prosperous future for the city, benefiting residents and businesses alike.
The proposed tax is divided into two parts: 5/8 of a cent will fund major projects and improvements with a 10-year sunset, while 3/8 of a cent will support long-term maintenance and upkeep. This approach ensures that essential services and infrastructure upgrades are sustained for the long term.
The Results for the Rock initiative is an opportunity to invest in progress through targeted efforts that will strengthen the city's public safety, address homelessness, and fuel economic development, including the expansion of the Port of Little Rock.
Key areas of investment include:
Public Safety: Enhancing fleet, fire equipment, technology, and introducing community-oriented policing and mental health response teams.
Streets & Drainage: Paving streets, improving sidewalks, upgrading trash collection equipment, and addressing drainage issues.
Homelessness & Housing: Tackling homelessness and creating opportunities for working-class families.
Parks & Recreation: Building sports complexes, senior amenities, and golf courses, enhancing green spaces, improving parks and trails, and upgrading community centers.
Port Expansion & Economic Development: Acquiring land and creating new jobs with the development of a "super site" to attract large-scale industries.
Jay Chesshir, President & CEO of the Little Rock Regional Chamber, stated, “The Results for the Rock initiative is a transformative investment in Little Rock’s future. It provides us the tools we need to not only maintain but to grow our city in a way that is both safe and prosperous for all residents. This tax will allow us to enhance public safety, improve our infrastructure, and position Little Rock as a hub for economic growth.”
To learn more about the Results for the Rock initiative and its impact on the future of Little Rock, please visit www.resultsfortherock.com.
About Little Rock Regional Chamber
The Little Rock Regional Chamber is the principal business-driven leadership organization responsible for fostering the economic growth and development of the Little Rock region to ensure that business and industry may operate profitably and enhance the earning opportunities and quality of life for every citizen.