RES NO 01-02-2007 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 2-' 2007
A RESOLUTION ADOPTING A REVISED BUDGET FOR THE
YEAR ENDING DECEMBER 31, 2006.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN
BUREN, ARKANSAS:
THAT, 2006 Current year's revenues of $15,911,319.37
(Fifteen Million, Nine Hundred Eleven Thousand, Three Hundred
Nineteen Dollars and Thirty -Seven Cents) are appropriated and a
copy of said Budget is attached hereto and made a part hereof;
THAT, Transfers from General Fund to the Municipal Judge
and Court Clerk Retirement Fund in the amount of $10,314.18
(Ten Thousand, Three Hundred Fourteen Dollars and Eighteen
Cents) are approved; and
THAT, Transfers from General Fund to the Street Fund in
the amount of $20,356.84 (Twenty Thousand, Three Hundred
Fifty -Six Dollars and Eighty -Four Cents) are approved; and
THAT, Transfers from General Fund to the Sidewalk Fund
in the amount of $21,447.61 (Twenty -One Thousand, Four
Hundred Forty -Seven Dollars and Sixty -One Cents) are
approved; and
THAT, Transfers from General Fund to the King Opera
House Fund in the amount of $15,000.00 (Fifteen Thousand
Dollars) are approved; and
THAT, 2006 Current year's expenditures of $14,179,287.69
(Fourteen Million, One Hundred Seventy -Nine Thousand, Two
Hundred Eighty -Seven Dollars and Sixty -Nine Cents) including
expenditures from prior year's balances are appropriated as
follows:
General Fund $10,523,771.68 (which include Capital
Improvements Money in the amount of $673,591.59 (Six Hundred
Seventy -Three Thousand, Five Hundred Ninety -One Dollars and
Fifty -Nine Cents) (Administration $19,598.91; Fire Department
$4,270.80; Street Department $306,590.04; Water and Sewer
$240,000.00; Library $103,131.84);
Municipal Judge Court Clerk Ret. Fund $18,894.67;
Street Fund $1,299,823.11;
Federal Forfeiture $368,704.38;
Library Fund $24,298.87;
Sidewalk Fund $25.00;
LOPFI Fund $471,765.24;
Civil Small Claims Fund $4,143.50;
King Opera House Fund $22,617.07;
Library Construction Fund $137,445.42;
Library Sales Tax Fund $1,307,798.75; and
THAT, all expenditures are approved and a copy of the
Revised Budget is attached hereto and made a part hereof.
PASSED AND APPROVED THIS o �o fi DAY OF JANUARY,
2007.
ATTESTED:
Ta !-1
CITY CLERK- TREASURER