LITTLE ROCK — State fiscal officers have discovered an error in the local tax rate change for West Memphis in the notice mailed to all registered businesses last week, the state Department of Finance and Administration said Wednesday.

LITTLE ROCK — State fiscal officers have discovered an error in the local tax rate change for West Memphis in the notice mailed to all registered businesses last week, the state Department of Finance and Administration said Wednesday.

The city’s rate will remain at 1.5 percent and not rise to 1.75 percent as stated in the notice, the agency said. A revised notice is being mailed to each taxpayer who received the incorrect notice informing them of the correct West Memphis tax rate.

West Memphis voters in November approved a quarter-cent sales tax increase to fund economic development projects. However, state law says the city cannot begin collecting the tax until it adopts a plan that details what projects would benefit from the levy.

The city has yet to adopt such a plan, according to DF&A. The state Office of Excise Tax Administration will issue a notice to taxpayers informing them of the effective date of the new West Memphis tax once that plan has been adopted by the city, the agency said.