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RES NO 02-04-2009 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 41 E A 2009 A RESOLUTION ADOPTING A REVISED BUDGET FOR THE YEAR ENDING DECEMBER 31, 2008. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: THAT, 2008 Current year's revenues of $16,789,539.66 (Sixteen Million, Seven Hundred Eighty -Nine Thousand, Five Hundred Thirty -Nine Dollars and Sixty -Six 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 $882,281.15 (Eight Hundred Eighty -Two Thousand, Two Hundred Eighty -One Dollars and Fifteen Cents) are approved; and THAT, Transfers from General Fund to the LOPFI Fund in the amount of $150.00 (One Hundred Fifty Dollars and No Cents) are approved; and THAT, Transfers from General Fund to the Federal Forfeiture Fund in the amount of $1,486.90 (One Thousand Four Hundred Eighty -Six Dollars and Ninety Cents) are approved; and THAT, Transfers from General Fund to the King Opera House Fund in the amount of $19,400.00 (Nineteen Thousand Four Hundred Dollars) are approved; and THAT, Transfers from General Fund to the Library Sales Tax Fund in the amount of $766,557.84 (Seven Hundred Sixty -Six Thousand, Five Hundred Fifty -Seven Dollars and Eighty -Four Cents) are approved; and 0 THAT, 2008 Current year's expenditures of $17,925,827.88 (Seventeen Million, Nine Hundred Twenty -Five Thousand, Eight Hundred Twenty -Seven Dollars and Eighty -Eight Cents) including expenditures from prior year's balances are appropriated as follows: General Fund $14,070,253.01 (which include Capital Improvements Money in the amount of $3,477,128.69 (Three Million, Four Hundred Seventy -Seven Thousand, One Hundred Twenty -Eight Dollars and Sixty -Nine Cents) (City Attorney $684.90; Administration $42,309.58; Police Department $68,257.11; Fire Department $11,322.79; Levee $29,286.92; Storm Disaster Recovery $115,069.66; Street Department (In House) $54,372.75, (Street and Drainage) $2,800,363.73; Water and Sewer $240,000.00; Parks Recreation $52,278.98; Senior Inn $9,823.35; King Opera House $53,358.92); Municipal Judge Court Clerk Ret. Fund $506.15; Street Fund $1,235,794.85; Federal Forfeiture $75,482.18; Library $14,117.80; Sidewalk Fund $25.00; LOPFI Fund $508,068.89; ACEDP Grant $87,520.94; King Opera House Fund $27,812.74; Library Sales Tax Fund $1,887,246.32; 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 33 DAY OF FEBRUARY 2009. ATTESTED: C CITY CLERK TREASURER