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RES NO 01-03-2010 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. I' 3 2010 A RESOLUTION ADOPTING A REVISED BUDGET FOR THE YEAR ENDING DECEMBER 31, 2009. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: THAT, 2009 Current year's revenues of $14,568,579.41 (Fourteen Million, Five Hundred Sixty -Eight Thousand, Five Hundred Seventy Nine Dollars and Forty -One Cents) are appropriated and a copy of said Budget is attached hereto and made a part hereof; THAT, Transfers from General Fund to the Street Fund in the amount of $983,816.27 (Nine Hundred Eighty -Three Thousand, Eight Hundred Sixteen Dollars and Twenty -Seven Cents) are approved; and THAT, Transfers from General Fund to the King Opera House Fund in the amount of $14,450.00 (Fourteen Thousand Four Hundred Fifty Dollars) are approved; and THAT, 2009 Current year's expenditures of $14,087,298.69 (Fourteen Million, Eighty -Seven Thousand, Two Hundred Ninety -Eight Dollars and Sixty -Nine Cents) including expenditures from prior year's balances are appropriated as follows: General Fund $10,967,210.50 (which include Capital Improvements Money in the amount of $1,076,256.52 (One Million, Seventy -Six Thousand, Two Hundred Fifty -Six Dollars and Fifty -Two Cents) (Administration $105.29; Police Department $113,691.48; Fire Department $31,978.68; Levee $104,955.82; Storm Disaster Recovery $44,754.19; Street Department (In House) $131,111.84, (Street and Drainage) $216,419.14; Water and Sewer $240,000.00; Parks Recreation $62,832.21; Senior Inn $5,983.61; Library $50,000.00; King Opera House $74,424.26); I' Municipal Judge Court Clerk Ret. Fund $18,287.43; Street Fund $1,671,560.33; FEMA 2008 Storms $143,878.12 Federal Forfeiture $15,202.52; Library $30,576.55; Library Sales Tax $641,760.42 LOPFI Fund $431,851.18; ACEDP Grant #790 0837 -05) $2,889.71; ACEDP Grant #790 08470 -06) $11,179.16; King Opera House Fund $27,812.74; Library Sales Tax Fund $152,902.77; and THAT, all expenditures are approved and a copy of the Revised Budget is attached hereto and made a part hereof. PASSED AND APPROVED THIS 10 DAY OF JANUARY 2010. 9 I i- ATTESTED: cutAu-i V Div CITY CLERK TREASURER