Ark. Code Ann. § 26-27-201: Authority

(a) The Arkansas Public Service Commission shall equalize the assessment of property throughout the state.

(b) For this purpose, in addition to the powers and duties conferred on the commission, it shall have power to equalize the assessment of all property in this state between districts, cities, and townships of the same county, between the different counties of this state, and of the property assessed by the commission in the first instance.