Arkansas does not allow local jurisdictions like cities or counties to collect a local sales tax. The Arkansas state sales tax of 6.5% is applicable statewide. You can view the sales tax rates for various cities in Arkansas here.
Equitable adjustment is a term of art that includes an adjustment to fee, and the target. minimum, and maximum fees should not be increased in this case for what I hope are obvious reasons. The adjustment should be limited to the effect of the new wage determination on wages and fringes.
What is LAF? Liquidity adjustment facility (LAF) is a monetary policy tool which allows banks to borrow money through repurchase agreements. LAF is used to aid banks in adjusting the day to day mismatches in liquidity. LAF consists of repo and reverse repo operations.