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RES NO 09-10-1979 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 10 -9 -1979 0 A RESOLUTION ADOPTING A REVISED BUDGE!' FOR IFE FISCAL YEAR ENDING DECEMBER 31, 1979. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: THAT, the revised budget as presented by the Mayor and City Clerk Treasurer calling for expenditures out of prior year funds in the amount of $175,847.36 (One hundred seventy five thousand, eight hundred forty seven dollars and thirty six cents), and THAT 1979 estimated current year's expenditures of $1,277,367.00 (one million two hundred seventy seven thousand, three hundred sixty seven dollars and no cents) is appropriated and a copy of said budget is attached hereto and made a part hereof. PASSED AND APPROVED THIS 17th DAY OF September 19 79 fri& MAYOR ti. ATTESTED: Are _a rs CITY CLERK- r Dr 0 REVISED HJLGET OF VAN BURIN, ARKANSAS General, Street, Revenue Sharing and City Park SEPTEMBER 17, 1979 REVENUES Designated Street Aid 40,807.00 WState Turnback 325,000.00 5 Mill Property Tax 80,000.00 1/2 of 3 Mill Piuperty Tax 24,000.00 Delinquent Tax 1,500.00 Franchise Tax 215,000.00 Privilege Tax 48,000.00 Court Fines 80,000.00 Inspection Fees 24,000.00 Dog License 115.00 Rezoning Fees 200.00 Interest on C.D. 24,000.00 Housing Authority 877.00 County Share Municipal Court 1,000.00 CETA Grant 150,000.00 Miscellaneous 22,000.00 Revenue Sharing 208,000.00 Street Department Miscellaneous 3,500.00 City Park 40,000.00 Community Center 3,000.00 TOTAL ESTIMATED REVENUES $1,290,999.00 DISBURSEMENTS Administration Salaries $133,174.00 -other expense $31,302.00 $164,476.00 Payroll Taxes 18,200.00 Police Salaries $150,000.00 -other expense $46,200.00 196,200.00 Fire Salaries $155,000.00 -other expense $69,376.00 224,376.00 Municipal Court Salaries $15,270.00 -other expense $11,812.00 27,082.00 Library Expense 5,600.00 City Park Salaries $15,000.00 -other expenses $29,920.00 44,920.00 Street Salaries $84,000.00 -other expenses $141,207.00 225,207.00 Street Improvements, Paving, Bridges, etc. 150,000.00 Street Lights 28 Travel Conventions 5,0 Crawford Sebastian Community Development Council 375.00 Contributions 8,500.00 Utilities 16,000.00 Insurance Surety Bonds 11,500.00 W.A.P.D.D. 2,931.00 Posting Printing 3500.00 Janitor Yard Work 8, Arkansas Regional Planning 1,500.00 Group Insurance Medi -Pak 66,000.00 Retirement 53,000.00 Arkansas Municipal League (Dues Legal Defense Fund)- 2,000.00 Miscellaneous a 6,000.00 Unemployment Insurance 9,000.00 Estimated Total Expenditures $1,277,367.00 Estimated Balance From Current Revenues Expenditures 11,632.00 1979 BUDGET -CITY OF VAN BUREN, ARKANSAS (General, Street, Revenue Sharing City Park) REVISED SEPT. 17, 1979 0 Prior Balances (General 8452,183.00 Street $18,4+1.00 Revenue Sharing $30,188.00, City Park $9,077.00) $509,889.00 Less: 1979 Expenditures From Prior Balances Signal Lights at Hwy. 64-71 Alma Blvd. $18,106.76 22 Mos. Electric Bill at Tennis Courts 3,233.26 Relocation of Sewer Lines in City Park 44,419.34 i Cost of Flippin Pasture Sewer -Phase 2 40,000.00 Revenue Sharing Balance 12 -31 -78 Police Dept. 30,188.00 28th St. Extension Right -of -Way Utility 39,9C0•C s 175,847.36 Relocations. Corrected Balance From Prior Years 334,041.6+ 1979 Estimated Revenues Per Attached $1,290,999. Total Available Revenues Balance Forward Current $1,625,040.64 1979 Estimated Current Year Expenditures 1,277,367.00 Estimated Balance December 31, 1979 347,673.64 O PROPOSED BUDGET OF VAN BUREN, ARKANSAS General, Street, Revenue Sharing, City Park 1979 i REVENUES Estimated Balance of General, Street, Revenue Sharing, City Park $509,889.00 January 1, 1979. (General 452,183.00, Street 18,441.09, Revenue Sharing 30,188.00, City Park 9.077.00.) State Turnback 350,000.00 5 Mill Property Tax 80,000.00 1/2 of 3 Mill Property Tax 20,000.00 Delinquent Tax 1,000.00 franchise Tax 250,000.00 Privilege Tax 48,000.00 Court Fines 80,000.00 Inspection Fees 24,000.00 Dog License 115.00 Rezoning Fees 650.00 Interest on C.D. 20,000.00 Housing Authority 1,200.00 County Share Municipal Court 2,000.00 CETA Grant 80,000.00 Breathalyzer 250.00 Miscellaneous 20,000.00 Revenue Sharing 208,000.00 Street Department Miscellaneous 4,500.00 City Park 18,000.00 Total Estimated Current Revenue $1,207, TOTAL AVAILABLE REVENUES BALANCES FORWARD CURRENT $1,717,604.00 DISBURSEMENTS administration Salaries 119,000.00 other expense 37,500.00 156,500.00 Payroll Taxes 18,000.00 Police Salaries 151,500.00 other expense 51,500.00 203,000.00 Fire Salaries 146,100.00 other expense 72,000.00 218,100.00 Municipal Court Salaries 13,080.00 other expense 11,000.00 24,080.00 Library Exp ?nse 5,600.00 City Park Salaries 8,000.00 other expense 46,000.00 54,000.00 Street Salaries 68,000.00 other expense 62,000.00 130,000.00 Street Improvements, Paving, Bridges, etc. 170,000.00 Street Lights 24,000.00 Travel Conventions 8,000.00 Contributions 5,400.00 Crawford County Development Council 375.00 Utilities 16,000.00 '.nsurance Surety Bonds 9,400.00 W.A.P.D.D. 2,931.00 Postage Printing 3,500.00 Janitur Yard Work 8,000.00 Arkansas Regional Planning 1,500.00 Group Insurance Medi -Pak 60,000.00 Retirement 48,500.00 Arkansas Municipal League 600.00 Miscellaneous 5,000.00 Unemployment Insurance s- 9,000.00 °Estimated Total Expenditures $1,181,486.00 Estimated Balance December 31, 1979 •536,118.00 TOTAL $1,717,604.00