RES NO 12-05-1990 12 -5 -1940
CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. ..5
A RESOLUTION ADOPTING A REVISED BUDGET FOR THE YEAR ENDING DECEMBER 31,
1990.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS:
THAT, the Revised Budget as presented by the Mayor calling for
expenditures out of prior year funds in the amount of $130,336.00 (One
Hundred Thirty Thousand, Three Hundred Thirty Six Dollars) are
appropriated; and
THAT, 1990 estimated current year's expenditures of $3,281,103.00
(Three Million, Two Hundred Eighty One Thousand, One Hundred Three
Dollars) are appropriated and a copy of said Budget is attached hereto
and made a part hereof; and
THAT, 1990 estimated current year's expenditures from the King Opera
House Fund amounting to $35,000.00 (Thirty Five Thousand Dollars) are
appropriated; and
THAT, Transfers from General Fund to Pool Fund totalling $23,000.00
(Twenty -Three Thousand Dollars) are approved; and
THAT, Transfers from General Fund to Street Fund totalling $68,000.00
(Sixty Eight Thousand Dollars) are approved; and
THAT, Estimated current year's expenditures from the LOPFI Fund in
the amount of $44,000.00 (Forty Four Thousand Dollars) are appropriated.
PASSED AND APPROVED THIS 17TH DAY OF DECEMBER 1990
/LAIC /4
YOR
ATTESTED:
40001 vd
CI'Y CLERK- TREASURER
CITY OF VAN BUREN, ARKANSAS
1990 REVISED BUDGET
(General, Street, City Park and Capital Improvements)
Estimated Balance December 31, 1989:
General 804,380.93
Street 78,992.18
City Park 3,118.24
Capital Improvements 528,880.92
1,415,372.27
Less: Authorized Commitments From Prior Years:
Prior Balance to 1990 Revenues (General Fund) 50,000.00
Flashers for Fire Station 113 836.00
Radio Equipment for Police Fire Department
(Ordinance No. 9 -1990) 16,500.00
King Opera House Aug. 28) Ordinance No. 3 -1 -1986 i 5,000.00
King Opera House Completion Resolution No. 4 -8 -1990 40,000.00
Boys Club Resolution No. 3 -9 -1990 18,000.00
130,336.00
Estimated Balance Available 1,285,036.27
1990 Estimated Revenues Per Attached 3,289,636.00
Total Available Revenues Estimated Balance Current 4,574,672.27
1990 Estimated Expenditures 3,281,103.00
Estimated Balance December 31, 1990 1,293,567.27
0
1990 REVISED BUDGET OF VAN BUREN, ARKANSAS
General, Street, City Park and Capital Improvements
REVENUES
Forward From Prior Years 50,000.00
State Turnback General 244,600.00
State Turnback Street 355,800.00
Sales Tax 1,260,000.00
Interest Capital Improvements Fund 28,000.00
2 Mill Property Tax 130,000.00
1/2 of 3 Mill Property Tax (Road) 90,000.00
Franchise Tax 630,000.00
Privilege Tax 80,000.00
Court Fines 187,200.00
Court Fines Special Settlement For Computer 47,800.00
Inspection Fees 20,000.00
Dog License 72.00
Zoning Fees 95.00
Interest 60,000.00
Small Claims 7,000.00
Housing Authority 1,569.00
County Share Municipal Court 12,200.00
Miscellaneous 15,000.00
Street Department Miscellaneous 15,000.00
City Park 24,600.00
Library Funds 30,700.00
TOTAL ESTIMATED AVAILABLE REVENUES 3,289,636.00
1990 REVISED BUDGET OF VAN BUREN, ARKANSAS
General, Street, City Park and Capital Improvements
DISBURSEMENTS
Adm. Salaries $169,000.00 Other Expenses $15,400.00 184,400.00
Payroll Taxes 51,000.00
Contributions 5,000.00
Utility Telephone 24,000.00
Insurance and Surety Bonds 45,000.00
Dues and Subscriptions 22,000.00
Postage and Printing 9,000.00
Building Maintenance 7,000.00
Miscellaneous 2,000.00
Group Insurance 200,600.00
Retirement 52,000.00
Unemployment Insurance 5,300.00
Water Sewer Capital Improvement Fund 240,000.00
Contingency Fund 12,000.00
Police Salaries $457,500.00 Other Expenses $120,600.00 578,100.00
Fire Salaries $510,000.00 Other Expenses 74,900.00 584,900.00
Mun. Court Sal. 39,900.00 Other Expenses 14,453.00 54,353.00
Library Sal. 25,800.00 Other Expenses 10,200.00 36,000.00
Capital Improvements 500,000.00
Fixed Assets 16,600.00
Municipal Court Computer 38,400.00
Street Salaries $175,000.00 Other Expenses $230,400.00 405,400.00
Contract Street Work 25,000.00
Street Lights 132,000.00
City Park Sal. 33,000.00 Other Expenses $18,050.00 51,050.00
ESTIMATED TOTAL EXPENDITURES $3,281,103.00
ESTIMATED BALANCE FROM CURRENT REVENUE EXPENDITURES 8,533.00
0