Election: November 18, 2025
Key Facts About Sherwood’s Sales Tax & Bond Proposal
Here are the facts every voter should know before heading to the polls.
1.
Bond Payoff:
No Need for New Debt
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Sherwood’s current bonds retire in less than 24 months (Stephens Inc. confirms).
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When that happens, residents automatically get a ¾-cent sales tax cut — unless new debt is approved.
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Bottom line: No financial reason to lock in decades of debt now.
2.
Revenue Leakage:
Fix the Basics First
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Street issues and traffic bottlenecks
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Flooding and drainage failures
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Unsafe or missing sidewalks
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Too few restaurants, hotels, or retail options
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Until these are fixed, residents and visitors keep spending in Little Rock, North Little Rock, and Jacksonville.
3.
What Sherwood Truly Needs
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Reliable drainage to control neighborhood flooding
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Safe sidewalks in busy areas
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Support for small businesses to reduce vacancies
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Maintenance of existing assets (like golf course cart paths)
4.
What the City Is Asking For Instead
- $11.5M for a new animal shelter — with extras like heated floors
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$79.8M for parks & recreation: 8 basketball courts, 24 pickleball courts, turf fields, 21,000-sq-ft event center
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$4.1M to refinance old debt — while piling on massive new debt
These are luxury extras, not urgent priorities.
5.
The Numbers Don’t Add Up
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The current tax expires in 2027/28.
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Voting NO = an automatic tax cut.
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Voting YES = decades of new debt and higher taxes.
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Past bonds passed with low voter turnout — that's what City Hall is counting on November 18 — Sherwood deserves transparency and accountability.