RES NO 12-05-1998 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 2 1998
A RESOLUTION ADOPTING A REVISED BUDGET FOR THE YEAR ENDING DECEMBER 31, 1998.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS:
THAT, 1998 estimated current year's revenues of $7,649,847.00 (Seven Million, Six
Hundred Forty Nine Thousand, Eight Hundred Forty Seven Dollars) are appropriated and a
copy of said Budget is attached hereto and made a part hereof; and
THAT, 1998 estimated current year's expenditures of $8,330,600.00 (Eight Million,
Three Hundred Thirty Thousand, Six Hundred Dollars) including expenditures from prior
year's balances are appropriated and a copy of said Budget is attached hereto and made
a part hereof; and
THAT, Transfers from General Fund to Parks Recreation Fund totalling $50,000
(Fifty Thousand Dollars) are approved; and
THAT, Transfers from Parks Recreation to General Fund totalling $15,000 (Fifteen
Thousand Dollars) are approved; and
THAT, Transfers from Capital Improvements Fund to Parks Recreation Fund totalling
$15,000 (Fifteen Thousand Dollars) are approved; and
THAT, Estimated current year's expenditures from the LOPFI Fund in the amount of
$82,000 (Eighty Two Thousand Dollars) are appropriated; and
THAT, Estimated current year's expenditures from the Capital Improvements Fund in
the amount of $287,000.00 (Two Hundred Eighty Seven Thousand Dollars) are appropriated
as follows (Fire Department $125,000; Street Department $70,000; Parks Recreation
$92,000), and
THAT, Estimated current year expenditures from the Levee Fund in the amount of
$1,200 (One Thousand, Two Hundred Dollars) are appropriated; and
THAT, Estimated current year's expenditures from the FEMA Disaster Relief Fund in
the amount of $246,098.46 (Two Hundred Forty Six Thousand, Ninety Eight Dollars and Forty
Six Cents) are approved; and
THAT, Estimated current year's expenditures from the Civil Small Claims Fund in the
mount of $8,000 (Eight Thousand Dollars) are appropriated, and
THAT, Estimated current year's expenditures from the Sidewalk Construction and
Maintenance Fund in the amount of $1,080.60 (One Thousand Eighty Dollars and Sixty Cents)
are appropriated, and
THAT, Estimated current year's expenditures of Act 833 Money totalling $116,150.50
(One Hundred Sixteen Thousand, One Hundred Fifty Dollars and Fifty Cents) are
appropriated toward the purchase of the new fire truck, and
THAT, Estimated current year's expenditures from the King Opera House Fund in the
amount of $60,000 (Sixty Thousand Dollars) are appropriated.
PASSED AND APPROVED THIS 21ST DAY OF DECEMBER ,19 98
c y 1?
MAY R
ATTESTED:
/1
C TY C LERK -TR'• UREA