RES NO 12-04-1996 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. /A- 'J —1996
A RESOLUTION ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR ENDING DECEMBER 31, 1997
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS:
SECTION 1: THAT the 1997 Proposed Expenditures of $5,509,929.00 (Five
Million, Five Hundred Nine Thousand, Nine Hundred and Twenty
Nine Dollars) is hereby appropriated and a copy of said budget
is attached hereto and made a part hereof; and
SECTION 2: THAT the appropriations made herein include additional pay for
holidays for all agents, servants, and employees of the City
of Van Buren, including but not limited to uniformed employees,
as provided for by the laws of the State of Arkansas.
PASSED AND APPROVED THIS 16TH DAY OF DECEMBER ,19 96
f MAYO
ATTESTED: VVV
CITY CLERK— TREASURER
CITY OF VAN BUREN, ARKANSAS
1997 PROPOSED BUDGET
(General, Street, City Park, Capital Improvements Library)
Estimated Balance December 31, 1996:
General 700,000.00
Street 725,000.00
City Park 44,000.00
Capital Improvements 350,000.00
Library 3,000.00
Estimated Balance Available 1,822,000.00
1997 Estimated Revenues Per Attached 5,607,600.00
Total Available Revenues Estimated Balance Current 7,429,600.00
1997 Estimated Expenditures 5,509,929.00
Estimated Balance December 31, 1997: 1,191,671.00
0
1997 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
GENERAL, STREET, CITY PARKS, CAPITAL IMPROVEMENTS AND LIBRARY
REVENUES
State Turnback General and Worker's Comp. 356,000.00
State Turnback Street 800,000.00
Sales Tax 2,000,000.00
Interest 33,200.00
2 Mill Property Tax 200,000.00
1/2 of 3 Mill Property Tax (Road) 150,000.00
Franchise Tax 750,000.00
Privilege Tax 100,000.00
Court Fines 390,000.00
Inspection Fees 85,000.00
Dog License Zoning Fees 3,600.00
Small Claims 8,000.00
(lousing Authority 2,000.00
County Share Municipal Court 20,000.00
Miscellaneous 20,000.00
City Park 29,800.00
Library Funds 50,000.00
Act 833 Money 30,000.00
Admin. Justice Funds 500,000.00
COP'S Grant 57,000.00
Traffic Enforcement Program 8,000.00
School Resource Officer Program 15,000.00
TOTAL ESTIMATED CURRENT REVENUES 5,607,600.00
CITY OF VAN BUREN
1997
BUDGET COMPARISON
REVENUES
GENERAL FUND
State General Turnback 320,000.00
Turnback (Worker's Comp.) 36,000.00
Property Tax (City Gen.) 200,000.00
Sales Tax Proceeds 2,000,000.00
Franchise Tax 750,000.00
Privilege License 100,000.00
Court Fines 390,000.00
Inspection Fees 85,000.00
Dog License 3,150.00
Rezone Fees 450.00
Interest 17,000.00
Civil Small Claims 8,000.00
Housing Authority 2,000.00
Reimb. Co. Share Mun. Court 20,000.00
Miscellaneous General 20,000.00
Act 833 Receipts 30,000.00
Administrative Justice Fund 500,000.00
COP'S Fund 57,000.00
Traffic Enforcement Program 8,000.00
School Resource Officers Program 15,000.00
TOTAL GENERAL FUND 4,561,600.00
STREET DEPARTMENT
State Turnback 800,000.00
Property Tax 150,000.00
Interest (Street) 12,000.00
TOTAL STREET FUNDS 962,000.00
SWIMMING POOL
Pool Ticket Sales 22,000.00
Concession Commission 800.00
Country Club Lease 7,000.00
Interest Swimming Pool 200.00
TOTAL SWIMMING POOL 30,000.00
LIBRARY FUND
Crawford County Treasurer 50,000.00
TOTAL LIBRARY 50,000.00
CAPITAL IMPROVEMENT FUND
I rest 5 4,000.00
TOTAL CAPITAL IMPROVF2!ENT 4,000.00
TOTAL REVENUES 5,607,600.00
1997 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
GENERAL, STREET, CITY PARK, CAPITAL IMPROVEMENTS AND LIBRARY
DISBURSEMENTS
Capital Improvements 780,000.00
Adm. Salaries $261,200.00 Other Expenses 36,000.00 297,200.00
Payroll Taxes 128,495.00
Contributions 10,000.00
Utilities and Telephones 22,000.00
Insurance /Surety Bonds (WC) 74,800.00
Dues and Subscriptions 35,000.00
Postage 5,000.00
Printing 5,000.00
Building Maintenance 40,000.00
Miscellaneous Administration 20,000.00
Group Insurance 467,914.00
Retirement General 109,900.00
SUTA (Unemployment) 8,000.00
Contingency 1,000.00
Police Salaries $955,000.00 Other Expenses $227,500.00 1,182,500.00
Fire Salaries $810,000.00 Other Expenses 63,500.00 873,500.00
Street Salaries $323,000.00 Other Expenses $195,600.00 518,600.00
Mun. Ct. Salaries 84,060.00 Other Expenses 25,000.00 109,060.00
Library Salaries 38,000.00 Other Expenses 22,460.00 60,460.00
City Park Salaries 30,000.00 Other Expenses 31,500.00 61,500.00
Fixed Assets 40,000.00
Street Lights (Street Department) 130,000.00
Act 833 Expenditures 30,000.00
Administrative Justice Fund 500,000.00
ESTIMATED TOTAL EXPENDITURES 5,509.929.00
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