RES NO 11-07-1981 1\
CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 7- -1981
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A RESOLUTION ADOPTING A PROPOSED 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 proposed budget as presented by the Mayor calling for expend-
itures out of prior year funds in the amount of $57,841.00 (Fifty seven
thousand, eight hundred and forty one dollars) is appropriated; and
THAT, 1982 proposed expenditures of $1,461,364.00 (One million, four
hundred sixty one thousand, three hundred and sixty four 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 23rd DAY OF November 19 81
AYOR
ATTESTED:
400.:Or ..C2'
0 ITY CLERK TREASURER
CITY OF VAN BUREN, ARKANSAS
1982 PROPOSED BUDGET
(General, Street, Revenue Sharing City Park)
imated Balances (General $314,159.00 Street $15,000.00
Revenue Sharing $17,841.00 City Park) 3,000.00
350,000.00
Less: Authorized Commitments From Prior Years
1981 Balance To 1982 Revenues (Revenue Sharing $17,841.00
1981 Balance To 1982 Revenues (General Fund) $35,000.00
Film Documentary on Downtown Area Balance 5,000.00
57,841.00
Estimated Balance Available 292,159.00
1982 Estimated Revenues Per Attached 1,485,487.00
Total Available Revenues Estimated Balance Current 1,777,646.00
1982 Estimated Expendi 1,461,364.00
Estimated Balance December 31, 1982 316,282.00
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1982 PROPOSED BUDGET OF VAN BUREN, ARKANSAS
General, Street, Revenue Sharing and City Park
REVENUES
w ard From 1981 Revenue Sharing 17,841.00
and From 1981 35,000.00
State Turnback General 216,360.00
State Turnback Street 240,400.00
5 Mill Property Tax 120,000.00
1/2 of 3 Mill Property Tax 36,000.00
Franchise Tax 342,000.00
Privilege Tax 54,000.00
Court Fines 60,000.00
Inspection Fees 15,000.00
Dag License- 100.00
Rezoning Fees 200.00
Interest on C.D. 40,000.00
Housing Authority 1,000.00
County Share Municipal Court 2,000.00
Miscellaneous 10,000.00
Revenue Sharing 267,586.00
Street Department Miscellaneous 5,000.00
City Park 20,000.00
Community Center 3,000.00
IDPAL ESTIMATED REVENUES $1,485,487.00
DISBURSEMENTS
Adm. Salaries $121,500.00 Other Expenses $22,400.00------ $143,900.00
Payroll Taxes 25,500.00
Contributions 4,000.00
Utilities and Telephone 16,000.00
Insurance and Surety Bonds 8,500.00
Dues and Subscriptions 8,000.00
Postage and Printing 6,000.00
Building Maintenance- 8,000.00
Miscellaneous 7,000.00
Group Insurance 92,000.00
Retirement 56,000.00
Unemployment Insurance 13,000.00
Contingency Fund 20,000.00
Police Salaries $242,500.00 Other Expenses $56,700.00 299,200.00
Fire Salaries $214,500.00 Other Expenses $49,552.00 264,052.00
Mun. Court Salaries $20,000.00 Other Expenses 3,612.00 23,612.00
Library Expense- 5,000.00
Fixed Assets 25,000.00
Street Salaries $94,000.00 Other Expenses $155,800.00 249,800.00
Contract Street Work 90,000.00
Street Lights 55,000.00
City Park Salaries $22,000.00 Other Expenses $19,800.00 41,800.00
ESTIMATED TOTAL EXPENDITURES $1,461,364.00
(BIESTIMATED BALANCE FROM CURRENT REVENUE EXPENDITURES 24,123.00
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