RES NO 07-01-1992 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 7-/ -1992
A RESOLUTION ADOPTING A REVISED BUDGET FOR THE YEAR ENDING DECEMBER, 1991.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS:
SECTION 1: THAT the following fund's anticipated revenue and appropriated
expenditures are approved for 1991:
GENERAL FUND
CEMETERY FUND
Revenues $5,194.00 Expenditures $2,285.00
FIELD OF DREAMS
Donations $1,845.00 Expenditures 170.00
LEVEE DISTRICT
Revenues $1,090.00 Expenditures -0-
TOTAL GENERAL FUND
Revenues $8,129.00 Expenditures $2,455.00
SPECIAL REVENUE FUNDS
KING OPERA HOUSE
Interest 904.00 Expenditures $23,734.00
LOPFI
Revenues $43,944.00 Expenditures $66,348.00
TOTAL SPECIAL REVENUE FUNDS
Revenues $44,848.00 Expenditures $90,082.00
SECTION:2: THAT the General Fund Beginning Balance shall be increased as follows:
CEMETERY $38,483.00
LEVEE DISTRICT 2,034.00
TOTAL $40,517.00
SECTION 3: THAT the Special Revenue Funds Beginning Balance shall be increased
as follows:
KING OPERA HOUSE $29,999.00
LOPFI 4,840.00
TOTAL $34,839.00
SECTION 4: THAT the following adjustments to Anticipated Revenue are hereby
approved:
GENERAL FUND
Property Tax $24,550.00
Fines $35,383.00
Intergovernmental $20,995.00
Franchise Tax $81,278.00
Sales Tax $87,117.00
TOTAL $249,323.00
SPECIAL REVENUE FUND
State Turnback 84,683.00
Property Tax 20,273.00
TOTAL $104,956.00
SECTION 5: The following Adjustments to Appropriations for Expenditures are hereby
approved. Said adjustment includes expenditures from prior balance
of the General Fund in the amount of $337,419.00 and expenditures from
prior balance of the Special Revenue Fund in the amount of $40,216.00.
Said expenditures from prior balances are hereby approved.
GENERAL FUND
Law Enforcement $180,279.00
Highway /Streets $249,406.00
Public Saftyy(fire) 57,951.00
Recreation 25,097.00
Capital Outlay 79,683.00
TOTAL $592,416.00
SPECIAL REVENUE FUND
Highway /Street $99,938.00
TOTAL $99,938.00
SECTION 6: THAT a transfer of $60,000.00 from the Street Fund Special Revenue Fund
to the General Fund is hereby approved.
SECTION 7: THAT a transfer of $70,000.00 from the General Fund to the Street Fund
(Special Revenue Fund) is hereby approved.
SECTION 8: THAT,a transfer of $27,000.00 from the General Fund to LOPFI (Special
Revenue Fund) is hereby approved.
PASSED AND APPROVED THIS 7th DAY OF JULY 1992
ATTESTED: MAYOR
CI CLERK- TREASURER