RES NO 11-01-1982 11-I�lgaZ
CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 1982
as A RESOLUTION ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1982.
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 expen-
ditures out of prior year funds in the amount of $124,303.00 (One hundred
twenty four thousand, three hundred and three dollars) is appropriated;
and
THAT, 1982 estimated current year's expenditures of $1,388,348.00 (One
million, three hundred eighty -eight thousand, three hundred and forty
eight dollars) is appropriated and a copy of said budget is attached
hereto and made a part hereof.
PASSED AND APPROVED THIS 22nd DAY OF November ,19 82
4 194— Mfi Cti
ATTESTED:
40, .416
CITY CLERK TREASURER
0
rF
CITY OF VAN BUREN, ARKANSAS
1982 REVISED BUDGET
November 22, 1982
(General, Street, Revenue Sharing City Park)
Balances Dec. 31, 1981 (General $438,057.00 Street $33,896.00
Revenue Sharing $17,841.00 City Park 5,950.00
495,744.00
Less: Authorized Coicuuitments From Prior Years
1981 Balance To 1982 Revenues (Revenue Sharing) $17,841.00
1981 Balance To 1982 Revenues (General Fund $35,000.00
Bond Consultant $34,000.00
Fiscal Agent Street Program- 5,120.00
Rolling Hills Tennis Court 9,200.00
Pointer Trail Signal Light- $23,142.00
124,303.00
Estimated Balance Available 371,441.00
1982 Estimated Revenues Per Attached $1,511,923.00
Total Available Revenues Estimated Balance Current $1,883,364.00
1982 Estimated Expenditures $1,388,348.00
Estimated Balance December 31, 1982 495,016.00
0
1982 REVISED BUDGET OF VAN BUREN, ARKANSAS
General, Street, Revenue Sharing and City Park
November 22, 1982
REVENUES
Fo d From 1981 Revenue Sharing 17,841.00
Ford Frcm 1981 35,000.00
State Turnback 216,360.00
State Turnback Street 240,400.00
5 Mill Property Tax 110,000.00
1/2 of 3 Mill Property Tax 25,000.00
Franchise Tax 370,000.00
Privilege Tax 54,000.00
Court Fines 70,000.00
Inspection Fees 12,000.00
Dog License 100.00
Rezoning Fees 210.00
Interest on C.D. 49,000.00
Housing Authority 1,126.00
County Share Municipal Court 2,000.00
Miscellaneous 12,500.00
Revenue Sharing 267,586.00
Street Department Miscellaneous 8,000.00
City Park 20,200.00
Corrurnurity Center 600.00
TOTAL ESTIMA'T'ED REVENUES $1,511,923.00
DISBURSEMENTS
Adm. Salaries $115,000.00 Other Expenses $16,400.00 131,400.00
Payroll Taxes 25,000.00
Contributions 4,000.00
Utilities and Telephone 14,000.00
Insurance and Surety Bonds 7,000.00
Dues and Subscriptions 8,000.00
Postage and Printing 6,000.00
Building Maintenance 6,000.00
Miscellaneous (6,000.00)
Group Insurance 85,000.00
Retirement 56,000.00
Unemployment Insurance 4,000.00
Contingency Fund 6,000.00
Police Salaries $230,000.00 Other Expenses $53,128.00 283,128.00
Fire Salaries $213,000.00 Other Expenses $47,792.00 260,792.00
Mun. Court Salaries $20,000.00 Other Expenses 3,112.00 23,112.00
Library Expense 5,000.00
Fixed Assets- 14,000.00
Street Salaries $98,000.00 Other Expenses $142,300.00 240,300.00
Contract Street Work 115,000.00
Street Lights 52,000.00
City Park Salaries $22,000.00 Other Expenses 20,200.00 42,200.00
Fixed Assets Revenue Sharing 6,416.00
ESTIMATED TOTAL EXPENDITURES $1,388.348.00
0 ESTIMATED BALANCE FROM CURRENT REVENUE EXPENDITURES 123,575.00