Town Hall · Colt

Colt, AR town hall & government

Colt spent $216,000 in the year to December 31, 2022, about $653 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Colt's government.

Town budget · Census estimate

Where Colt's money goes

Spent
$216,000
fiscal year to December 31, 2022
Per resident
$653
typical Arkansas cities: $1,073
Long-term debt
$5,000
$15 per resident
Administration & buildings
$66,00031%
Sewer & trash
$50,00023%
Fire
$46,00021%
Courts, inspections & corrections
$22,00010%
Police
$17,0008%
Roads & transportation
$14,0006%
Parks & libraries
$1,000<1%

Where the money comes from

  • Sales taxes 41%
  • From the state 31%
  • Interest, fines & other 12%
  • Other taxes & licenses 9%
  • Property taxes 7%

Colt didn't report all of its 2022 figures to the Census Bureau, so most of these numbers are the Bureau's estimates.

Town workforce

Who works for Colt

Full-time staff
0
14 part-time too
Administration & buildings
0 full-time8 part
Fire
0 full-time6 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Forrest City School District

Colt's K–12 school district, shared with Caldwell, Forrest City, Madison and Widener. It is its own government, with a budget separate from the town's.

Spending per pupil
$13,567
Arkansas: $13,585
Students
2,128
in the whole district
Long-term debt
$10.7 million
at year end

Where the district's money comes from Arkansas districts overall: 16% local, 70% state, 14% federal

  • Local 8%
  • State 68%
  • Federal 23%

Of the $13,567 per pupil, $6,740 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Colt pay

Typical tax bill
$394
a year · Arkansas typical $1,040
Effective rate
0.42%
of home value · Arkansas 0.55%
Typical home value
$93,800
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Colt's government

Town hall & decisions in Colt →

Beyond town hall

Who represents Colt

Colt is represented in Congress by Senators John Boozman and Tom Cotton and Representative Eric A. "Rick" Crawford. Sarah Huckabee Sanders is governor.

All of Colt's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01