RES NO 01-04-1995 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 7- y 1995
A RESOLUTION ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR
ENDING DECEMBER 31, 1995.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN,
ARKANSAS:
SECTION I: THAT the 1995 proposed expenditures of $4,391,075.00
(Four Million, Three Hundred Ninety One Thousand, and
Seventy Five Dollars) is hereby appropriated and a copy
of said budget is attached hereto and made a part hereof;
and
SECTION II: 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 23RD DAY OF JANUARY ,19 95
ATTESTED:
CITY CLERK TREASURER 1
CITY OF VAN BUREN, ARKANSAS
1995 PROPOSED BUDGET
(General, Street, City Park, Capital Improvements Library)
Estimated Balance December 31, 1995:
General 602,500.00
Street 41,654.00
City Park 2,968.00
Capital Improvements 36,000.00
Library 742.00
Estimated Balance Available 683,864.00
1995 Estimated Revenues Per Attached $4,414,370.00
Total Available Revenues Estimated Balance Current $5,098,234.00
1995 Estimated Expenditures $4,391,075.00
Estimated Balance December 31, 1995 707,.159.00
1995 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
GENERAL, STREET, CITY PARKS, CAPITAL IMPROVEMENTS AND LIBRARY
REVENUES
State Turnback General and Worker's Comp. 315,000.00
State Turnback Street 354,000.00
Sales Tax 1,800,000.00
Interest 25,000.00
2 Mill Property Tax 200,000.00
1/2 of 3 Mill Property Tax (Road) 140,000.00
Franchise Tax 750,000.00
Privilege Tax 95,000.00
Court Fines 210,000.00
Inspection Fees 75,000.00
Dog License Zoning Fees 500.00
Small Claims 8,000.00
Housing Authority 2,000.00
County Share Municipal Court 17,000.00
Miscellaneous 20,000.00
City Park 25,000.00
Library Funds 33,870.00
Act 833 Money 28,000.00
Money Paid From State Directly to Contractor for Lee Creek Bridge 316,000.00
Work (Out of Our Street Turnback)
TOTAL EXTIMATED CURRENT REVENUES 4,414,370.00
ICI
1995 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
III GENERAL, STREET, CITY PARK, CAPITAL IMPROVEMENTS AND LIBRARY
DISBURSEMENTS
Capital Improvements 500,000.00
Adm. Salaries 240,000.00 Other Expenses 37,000.00 277,000.00
Payroll Taxes 80,000.00
Contributions 5,000.00
Utility Telephone 26,500.00
Insurance Surety Bonds 78,000.00
Dues Subscriptions 26,000.00
Postage Printing 10,000.00
Building Maintenance 30,000.00
Miscellaneous 1,000.00
Group Insurance 270,000.00
Retirement 95,000.00
Contengency Fund 10,000.00
Police Salaries 778,000.00 Other Expenses $143,800.00 921,800.00
Fire Salaries 716,000.00 Other Expenses 75,450.00 791,450.00
Mun. Court Salaries 56,000.00 Other Expenses 21,500.00 77,500.00
Street Salaries 285,000.00 Other Expenses $159,825.00 444,825.00
Library Salaries 34,000.00 Other Expenses 10,000.00 44,000.00
Fixed Assets 60,000.00
Street Lights 125,000.00
City Park Salaries 20,000.00 Other Expenses 20,000.00 40,000.00
Contract Street Work 134,000.00
Lee Creek Bridge 316,000.00
Act 833 Expenditures 28,000.00
ESTIMATED TOTAL EXPENDITURES 4,391,075.00
ID