Resort amenities include lake access, a shopping center, tennis courts, pickleball courts, miniature golf, horseshoe pits, basketball courts, softball field, table & paddle tennis, shuffleboard, two swimming pools, picnic pavilion, campground, marina, boat & RV storage, clubhouse and recreation center, 9-hole executive golf course, 18-hole golf course, and hiking/biking trails. The facilities host wedding receptions, gala events, holiday celebrations, family & class reunions, jamborees & festivals, spiritual retreats, and company picnics. Its location in the Ozarks allows for four seasons that include mild winters and summers.
The community has three fire stations, a fire chief, and two full-time firefighters/EMTs with a volunteer crew of twenty-five firefighters/emergency medical care personnel. The district contracts with the Carroll County Sheriff's Office to provide year-round security.
Holiday Island Suburban Improvement District (HISID) was formed in 1970 by the Holly Corporation in collaboration with McCulloch Oil[8] Corporation under Title 14, Subtitle 5, Chapter 92 of the Arkansas Code (“Suburban Improvement Districts”). The HISID's formation was to provide water, sewer, waste management, and fire services to Holiday Island property owners, and to maintain roads and recreational facilities in Holiday Island. McCulloch sold the developer rights in 1990 to manager Tom Dees.[9] Amenities are provided and maintained by the Holiday Island Suburban Improvement District [HISID] through the collection of annual assessments.
Qualified electors within the new boundaries of Holiday Island voted to approve incorporation as the Town of Holiday Island on Nov. 3, 2020. The Carroll County Judge ordered the town organized (INCORPORATED TOWN) on Dec. 3, 2020. On March 23, 2021, the Secretary of State elevated Holiday Island to a City of the 2nd Class. Newly elected city officials began setting up the city government, establishing zoning and planning ordinances and working toward establishing voting wards for the general election in 2022.
The partnership with the Holiday Island Suburban Improvement District will continue until the city's tax base expands enough to independently support services—then, the city will offer services beyond the scope of the district.
The city was to begin receiving its share of Arkansas and Carroll County sales taxes, road taxes, property taxes and turnback funds in 2021 based upon population of full-time residents. Those revenues would enable the town to provide an economically sustainable way to better take care of the aging infrastructure in Holiday Island, preserve the lifestyle that the original developers envisioned, and assure proper standards are met for development and growth.
Holiday Island, Arkansas – Racial and ethnic composition Note: the U.S. census treats Hispanic/Latino as an ethnic category. This table excludes Latinos from the racial categories and assigns them to a separate category. Hispanics/Latinos may be of any race.