RES NO 11-02-1983 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO.,2 -1983
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A RESOLUTION ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1984.
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
$168,500.00 (one hundred sixty eight thousand, five hundred
dollars) is appropriated; and
THAT, 1984 proposed expenditures of $1,657,500.00 (one million,
six hundred fifty seven thousand, and five hundred 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 21st DAY OF November 19 83
4/114 r
MAYOR
ATTESTED:
C I i i! nit 2,2A-Ce-
ITY CLERK- TREASURER
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CITY OF VAN BUREN, ARKANSAS
1984 PROPOSED BUDGET
(General, Street, Revenue Sharing City Park)
O timated Balances:
General 630,000.00
Revenue Sharing -0-
Street 25,000.00
City Park 5
660,000.00
Less: Authorized Commitments From Prior Years
1983 Balance TO 1984 Revenues (General Fund) 60,000.00
Pointer Trail Widening 80,000.00
Swinrning Pool Project 28,500.00
168,500.00
Estimated Balance Available 491,500.00
1984 Estimated Revenues Per Attached $1,800,000.00
Less 2/3 of OG&E Estimated Extra 1984 Revenues (130,000.00)
$1,670,000.00
Tttal Available Revenues Estimated Balance Current $2,161,500.00
1984 Estimated Expenditures $1,657,500.00
Estimated Balance December 31, 1984 504,000.00
1984 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
General, Street, Revenue Sharing and City Park
REVENUES
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Forward From 1983 60,000.00
State `IUrnback General 216,000.00
State TUrnback Street 240,000.00
5 Mill Property Tax 140,000.00
1/2 of 3 Mill Property Tax 40,000.00
Franchise Tax 450,000.00
OG &E Additional Revenues 1984 Only-- 190,000.00
Privilege Tax- 56,000.00
Court Fines 65,000.00
Inspection Fees 12,000.00
Dog License- 100.00
Rezoning Fees 500.00
Interest on C.D. 50,000.00
Housing Authority 1,200.00
County Share Municipal Court 2,000.00
Miscellaneous 10,000.00
Revenue Sharing 240,000.00
Street Department Miscellaneous 6,000.00
City Park 20,000.00
Community Center 1,200.00
TOTAL ESTIMATED REVENUES 1,800,000.00
Less 2/3 of OG&E Additional 1984 Revenues (130,000.00
TOTAL ESTIMATED AVAILABLE REVENUES 1,670,000.00
DISBURS? is
Adm. Salaries $134,500.00 Other Expenses $22,800.00 $157,300.00
Payroll Taxes-- 32,500.00
Contributions 5,000.00
Utilities and Telephone- 16,000.00
Insurance and Surety Bonds 12,000.00
Dues and Subscriptions 12,000.00
Postage and Printing 6,000.00
Building Maintenance 8,000.00
Miscellaneous 4,000.00
Group Insurance— 104,000.00
Retirement- 62,000.00
Unemployment Insurance--- 9,000.00
Contingency Fund- 20,000.00
Police Salaries $305,200.00 Other Expenses $63,500.00 368,700.00
Fire Salaries $281,000.00 Other Expenses $55,100.00 336,100.00
Mun. Court Salaries $24,000.00 Other Expenses 4,300.00 28,300.00
Library Expense 6,000.00
Fixed Assets 30,000.00
et Salaries $122,000.00 Other Expenses $132,000.00 254,000.00
C 'tract Street Work--- 70,000.00
Sidewalk Programr 10,000.00
Street Lights- 60,000.00
City Park Salaries $28,000.00 Other Expenses $18,600.00 46,600.00
ESTIMATED TYPAL EXPENDITURES------ $1,657,500.00
ESTIMATED BALANCE FROM CURRENT REVENUE EXPENDITURES------- 12,500.00