RES NO 11-03-1984 1i- 3 8
CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 3 -11 -1984
A RESOLUTION ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR ENDING DECEMBER 31, 1985.
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
$251,000.00 (Two hundred fifty one thousand dollars) is
appropriated; and
THAT, 1985 proposed expenditures of $1,781,812.00 (one million seven
hundred eighty one thousand, eight hundred and twelve dollars)
is appropriated and a copy of said budget is attached hereto
and made a part hereof.
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 19th DAY OF November 19 84
at 1 c r/
.•OR
ATTESTED:
CITY CLERK- TREASURER
CITY OF VAN BUREN, ARKANSAS
1985 PROPOSED BUDGET
(General, Street, Revenue Sharing City Park)
P imated Balances:
General 800,000.00
Revenue Sharing 29,000.00
Street 20,000.00
City Park 5,000.00
854,000.00
Less: Authorized Commitments From Prior Years
1984 Balance To 1985 (Revenue Sharing) 29,000.00
1984 Balance To 1985 Revenues (General Fund) 60,000.00
1/3 of 1984 Extra OG &E Revenues 82,000.00
Pointer Trail Widening 80,000.00
251,000.00
Estimated Balance Available 603,000.00
1985 Estimated Revenues Per Attached $1,862,000.00
Total Available Revenues Estimated Balance Current $2,465,000.00
1985 Estimated Expenditures $1,781,812.00
Estimated Balance December 31, 1985 683,188.00
0
1985 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
General, Street, Revenue Sharing and City Park
REVENUES
FAB From 1984 60,000.00
State Turnback General 230,000.00
State Turnback Street 300,000.00
5 Mill Property Tax 145,000.00
1/2 of 3 Mill Property Tax (Road) 45,000.00
Franchise Tax 495,000.00
1/3 of 1984 Extra OG &E Franchise Tax 82,000.00
Privilege Tax 56,000.00
Court Fines 60,000.00
Inspection Fees 12,000.00
Dog License 100.00
Rezoning Fees 500.00
Interest 50,000.00
Housing Authority 1,200.00
County Share Municipal Court 4,000.00
Miscellaneous 12,000.00
Revenue Sharing (Including 1984 Carryover) 282,000.00
Street Department Miscellaneous 6,000.00
City Park 20,000.00
Community Center 1,200.00
TOTAL ESTIMATED AVAILABLE REVENUES $1,862,000.00
DISBURSEMENTS
Adm. Salaries $145,000.00 Other Expenses $23,000.00 $168,000.00
Payroll Taxes 34,500.00
Contributions 5,000.00
Utility and Telephone 18,000.00
Insurance and Surety Bonds 16,000.00
Dues and Subscriptions 12,000.00
Postage and Printing 6,000.00
Building Maintenance 8,000.00
Miscellaneous 6,000.00
Group Insurance 124,000.00
Retirement 60,000.00
Unemployment Insurance 9,000.00
Contingency Fund 20,000.00
Police Salaries $315,000.00 Other Expenses $70,000.00 385,000.00
Fire Salaries $298,000.00 Other Expenses $62,600.00 360,600.00
Mun. Court Sal. 24,000.00 Other Expenses 5,612.00 29,612.00
Lihrary Expense 6,500.00
Fix sets 30,000.00
Stre Salaries $128,000.00 Other Expenses $150,000.00 278,000.00
Contract Street Work 50,000.00
Sidewalk Program- 10,000.00
Street Lights 96,000.00
City Park Sal. 28,000.00 Other Expenses 21,600.00 49,600.00
ESTIMATED TOTAL EXPENDITURES $1,781,812.00
ESTIMATED BALANCE FROM CURRENT REVENUE EXPENDITURES 30,188.00