Ark. Code Ann. § 14-121-1008: Indebtedness of dissolved districts - Levy and collection of tax

(a) When the indebtedness owing by a district dissolved under the provisions of this act shall have been determined, it shall be the duty of the commissioners to certify to the county court their determination as to a tax levy upon the real property of the district which is sufficient to pay the indebtedness thereof, including the reasonable expenses of dissolution and settlement of the affairs of the district, which expenses shall be subject to the approval, modification, or rejection by the county court. Upon ascertainment by the county court that the levy is required for the purpose of this act, the county court shall approve the levy by its order and certify the amount of the levy to the quorum court of the county in which the district is located.

(b) The levy shall be upon the assessed value of the real property in the district for the state and county taxation as it appears upon the county assessment records.

(c) The taxes shall be collected and delinquencies shall be enforced in the same manner as if the district had continued in existence for the purpose of making the improvements contemplated by its original organization.