RES NO 10-02-1981 ‘0- 2
CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. e 16 ,1981
0
A RESOLUTION ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1981.
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 expend-
itures out of prior year funds in the amount of $178,027.31 (One hundred
seventy eight thousand, twenty seven dollars and thirty one cents) is
appropriated; and
THAT, 1981 estimated current year's sxpenditures of $1,357,092.00 (One
million three hundred fifty seven thousand, ninety two dollars and no
cents) is appropriated and a copy of said budget is attached hereto and
made a part hereof.
PASSED AND APPROVED THIS 19th DAY OF October 19 81
t h A l le r
MAYOR
ATTESTED
CI Y CLERK TREASURER
OCTOBER 19, 1981
CITY OF VAN BUREN, ARKANSAS
1981 REVISED BUDGET
(General, Street, Revenue Sharing City Park)
Estimated Balances General $443,867.13 Street $20,396.67
Revenue Sharing 0 -City Park 9,409.58
473,673.38
Less: Authorized Commitments From Prior Years
1980 Balance To 1981 Revenues $60,000.00
Film Documentary on Downtown Area Balance 7,500.00
City Park Grant Matching Funds $36,000.00
Purchase Property For Street Department Shop- $16,000.00
Sunbelt Water District $20,000.00
Financial Consultant on Street Bonds $34,000.00
i Cost of Pump For Water Department 4,527.31
178,027.31
Estimated Balance Available 295,646.07
1981 Estimated Revenues Per Attached 1,411,500.00
Total Available Revenues Estimated Balance Current 1,707.146.07
1981 Estimated Expenditures 1,357,092.00
Estimated Balance December 31, 1981 350,054.07
OCTOBER 19, 1981
1981 REVISED BUDGET OF VAN BUREN, ARKANSAS
General, Street, Revenue Sharing and City Park
REVENUES
Forward From 1980 60,000.00
State Turnback General 191,000.00
State Turnback Street 234,000.00
5 Mill Property Tax 100,000.00
1/2 of 3 Mill Property Tax 30,000.00
Franchise Tax 336,000.00
Privilege Tax 54,000.00
Court Fines 60,000.00
Inspection Fees 12,000.00
Dog License 100.00
Rezoning Fees 100.00
Interest on C.D. 54,000.00
Housing Authority 1,000.00
County Share Municipal Court 1,700.00
Miscellaneous 10,000.00
Revenue Sharing 239,800.00
Street Department Miscellaneous 5,800.00
City Park 19,000.00
Community Center 3,000.00
TOTAL ESTIMATED REVENUES $1,411,500.00
DISBURSEPEENTS
Adm. Salaries $114,300.00 Other Expenses $20,900.00 $135,200.00
Payroll Taxes 22,800.00
Contributions 3,900.00
Utilities and Telephone 15,000.00
Insurance and Surety Bonds 8,000.00
Dues and. Subscriptions 8,000.00
Postage and Printing 6,000.00
Building Maintenance 7,500.00
Miscellaneous 7,000.00
Group Insurance 78,000.00
Retirement 53,000.00
Unemployment Insurance 12,000.00
Contingency Fund 20,000.00
Police Salaries $208,200.00 Other Expenses $57,600.00 265,800.00
Fire Salaries $194,800.00 Other Expenses $57,680.00 252,480.00
Mun. Court Salaries $19,000.00 Other Expenses 3,312.00 22,312.00
Library Expense 4,300.00
Fixed Assets 29,500.00
Street Salaries $86,500.00 Other Expenses $122,600.00 209,100.00
Contract Street Work 110,000.00
Ilk et Lights 52,000.00
Park Salaries $19,400.00 Other Expenses 15,800.00 35,200.00
ESTIMATED TOTAL EXPENDITURES $1,357,092.00
ESTIMATED BALANCE FROM CURRENT REVENUES EXPENDITURES 54,408.00