RES NO 11-02-1990 0
CITY OF VAN BUREN, ARKANSAS
d
RESOLUTION NO. -1 -1990
A RESOLUTION ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR
ENDING DECEMBER 31, 1991.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN,
ARKANSAS:
THAT, The Proposed Budget as presented by the Mayor calling
for expenditures out of prior year funds in the amount
of $50,000 (Fifty Thousand Dollars) is appropriated;
and
THAT, The 1991 proposed expenditures of $3,295,400.00 (Three
Million Two Hundred Ninety -Five Thousand, Four Hundred
Dollars) is appropriated and a copy of said budget
is attached hereto and made a part hereof; and
THAT, The appropriations made herein include additional pay
for holidays and for all agents, servants, and emp-
loyees 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 15TH DAY OF NOVEMBER 1990
i
MAYOR
ATTESTED:
CIT CLERK- 'EASURER
0
CITY OF VAN BUREN, ARKANSAS
1991 PROPOSED BUDGET
(General, Street, City Park and Capital Improvements)
Estimated Balance December 31, 1990:
General 800,000.00
Street 60,000.00
City Park 3,000.00
Capital Improvements 500,000.00
1,363,000.00
Less: Authorized Commitments From Prior Years:
Prior Balance To 1991 Revenues (General Fund) 50,000.00
50,000.00
Estimated Balance Available 1,313,000.00
1991 Estimated Revenues Per Attached 3,326,100.00
Total Available Revenues Estimated Balance Current 4,639,100.00
1991 Estimated Expenditures 3,295,400.00
Estimated Balance December 13, 1991 1,343,700.00
1991 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
General, Street, City Park and Capital Improvements
REVENUES
Forward From Prior Years 50,000.00
State Turnback General 285,000.00
State Turnback Street 420,000.00
Sales Tax 1,260,000.00
Interest Capital Improvements Fund 20,000.00
2 Mill Property Tax 135,000.00
1/2 of 3 Mill Property Tax (Road) 90,000.00
Franchise Tax 630,000.00
Privilege Tax 80,000.00
Court Fines 180,000.00
Inspection Fees 20,000.00
Dog License 100.00
Zoning Fees 400.00
Interest 60,000.00
Small Claims 6,000.00
Housing Authority 1,600.00
County Share Municipal Court 12,000.00
Miscellaneous 12,000.00
Street Department Miscellaneous 12,000.00
City Park 22,000.00
Library Funds 30,000.00
TOTAL ESTIMATED CURRENT REVENUES $3,326,100.00
0
1991 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
General, Street, City Park and Capital Improvements
DISBURSEMENTS
Adm. Salaries $174,000.00 Other Expenses $18,800.00 192,800.00
Payroll Taxes 50,000.00
Contributions 5,000.00
Utility Telephone 25,000.00
Insurance and Surety Bonds 45,000.00
Dues and Subscriptions 18,000.00
Postage and Printing 9,000.00
Building Maintenance 8,000.00
Miscellaneous 1,000.00
Group Insurance 205,000.00
Retirement 52,000.00
Unemployment Insurance 6,000.00
Water Sewer Capital Improvement Fund 240,000.00
Contingency Fund 20,000.00
Police Salaries $464,000.00 Other Expenses $106,200.00 570,200.00
Fire Salaries $515,000.00 Other Expenses 84,700.00 599,700.00
Mun. Court Sal. 40,800.00 Other Expenses 15,500.00 56,300.00
Library Sal. 26,000.00 Other Expenses 12,900.00 38,900.00
Capital Improvements 500,000.00
Fixed Assets 60,000.00
Street Salaries $180,000.00 Other Expenses $193,000.00 373,000.00
Contract Street Work 40,000.00
Sidewalk Program 3,000.00
Street Lights 127,000.00
City Park Sal. 33,000.00 Other Expenses 17,500.00 50,500.00
ESTIMATED TOTAL EXPENDITURES $3,295,400.00
ESTIMATED BALANCE FROM CURRENT REVENUE EXPENDITURES 30,700.00