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RES NO 11-03-1982 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 3- -1982 e A RESOLUTION ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR ENDING DECEMBER 31, 1983. 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 $60,000.00 (sixty thousand dollars) is appropriated; and THAT, 1983 proposed expenditures of $1,500,000.00(One million, five hundred thousand 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 22nd DAY OF November ,19 82 MAYOR ATTESTED: C T CLERK TREASURER 0 CITY OF VAN BUREN, ARKANSAS 1983 PROPOSED BUDGET (General, Street, Revenue Sharing City Park) Sk ated Balances (General $477,000.00 Street $15,000.00 Revenue Sharing 0 City Park 3,000.00 495,000.00 Less: Authorized Collmitments From Prior Years 1982 Balance To 1983 Revenues (General Fund) $60,000.00 60,000.00 Estimated Balance Available 435,000.00 1983 Estimated Revenues Per Attached $1,543,884.00 Total Available Revenues Estimated Balance Current $1,978,884.00 1983 Estimated Expenditures $1,500,000.00 Estimated Balance December 31, 1983 478,884.00 0 1983 PROPOSED BUDGET OF VAN BUREN, ARKANSAS General, Street, Revenue Sharing and City Park REVENUES and From 1982 60,000.00. Stige Turnback General 223,000.00 State Turnback Street 223,000.00 5 Mill Property Tax 130,000.00 1/2 of 3 Mill Property Tax 40,000.00 Franchise Tax 396,000.00 Privilege Tax 56,000.00 Court Fines 70,000.00 Inspection Fees 15,000.00 Dog License 100.00 Rezoning Fees 200.00 Interest on C.D. 45,000.00 Housing Authority 1,200.00 County Share Municipal Court 2,000.00 Miscellaneous 10,000.00 Revenue Sharing 246,384.00 Street Departrrent Miscellaneous 6,000.00 City Park 20,000.00 TOTAL ESTIMATED REVENUES $1,543,884.00 DISBURSEMENTS Adm. Salaries $124,000.00 Other Expenses $22,900.00 $146,900.00 Payroll Taxes 28,000.00 Contributions 4,000.00 Utilities and Telephone 16,000.00 Insurance and Surety Bonds 9,000.00 Dues and Subscriptions 9,000.00 Postage and Printing 6,000.00 Building Maintenance 8,000.00 Miscellaneous 6,000.00 Group Insurance 92,000.00 Retirement 60,000.00 Unemployment Insurance 8,000.00 Contingency Fund 20,000.00 Police Salaries $251,000.00 Other Expenses $56,800.00 307,800.00 Fire Salaries $235,000.00 Other Expenses $47,700.00 282,700.00 Mun. Court Salaries $21,000.00 Other Expenses 3,600.00 24,600.00 Library Expense 5,500.00 Fixed Assets 50,000.00 Street Salaries $105,000.00 Other Expenses $125,900.00 230,900.00 Contract Street Work 90,000.00 Street Lights 55,000.00 City Park Salaries $24,000.00 Other Expense $16,600.00 40,600.00 ESTIMATED TOTAL EXPENDITURES $1,500,000.00 ESTIMATED BALANCE FROM CURRENT REVENUE EXPENDITURES 43,884.00