RES NO 01-03-1998 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 1_ g -1998
A RESOLUTION ADOPTING A REVISED BUDGET FOR THE YEAR ENDING DECEMBER 31, 1997.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS:
THAT, 1997 estimated current year's revenues of $7,111,621.00 (Seven Million, One
Hundred Eleven Thousand, Six Hundred Twenty One Dollars) are appropriated and a copy of
said Budget is attached hereto and made a part hereof; and
THAT, 1997 estimated current year's expenditures of $6,520,836.00 (Six Million, Five
Hundred Twenty Thousand, Eight Hundred Thirty Six Dollars) are appropriated and a copy
of said Budget is attached hereto and made a part hereof; and
THAT, Transfers from General Fund to Pool Fund totalling $45,000 (Forty Five
Thousand Dollars) are approved; and
THAT, Transfers from General Fund to LOPFI Fund totalling $5,000 (Five Thousand
Dollars) are approved; and
THAT, Transfers from General Fund to Library Fund totalling $12,700 (Twelve Thousand
Seven Hundred Dollars) are approved; and
THAT, Transfers from General Fund to Field of Dreams Fund totalling $30,000 (Thirty
Thousand Dollars) are approved; and
THAT, Transfers from Capital Improvements Fund to Field of Dreams totalling $43,000
(Forty Three Thousand Dollars) are approved; and
THAT, Transfers from Street Fund to Money- Market Street in the amount of $957,164.60
(Nine Hundred Fifty Seven Thousand, One Hundred Sixty Four Dollars and Sixty Cents) are
approved; and
THAT, Estimated current year's expenditures from the LOPFI Fund in the amount of
$84,631.96 (Eighty Four Thousand, Six Hundred Thirty One Dollars and Ninety Six Cents)
are appropriated; and
___THAT, _Estimated current— year_'_s— expenditures from_.the_Field of_Dreams_Fund_in_the__
mount of $72,056.08(Seventy Two Thousand Fifty Six Dollars and Eight Cents) are
appropriated; and
THAT, Estimated current year expenditures from the Levee Fund in the amount of
421 1 $1,200 (One Thousand, Two Hundred Dollars) are appropriated; and
THAT, Estimated current year's expenditures from the FEMA Disaster Relief Fund in
the amount of $21,940.25 (Twenty One Thousand, Nine Hundred Forty Dollars and Twenty Five
Cents) are approved; and
THAT, Estimated current year's expenditures from the Fairview Cemetery Fund in the
amount of $716.90 (Seven Hundred Sixteen Dollars and Ninety Cents) are appropriated; and
THAT, Estimated current year's expenditures from the Civil Small Claims Fund in the
amount of $8,000 (Eight Thousand Dollars) are appropriated.
PASSED AND APPROVED THIS 26TH DAY OF JANUARY ,19 98
NIL
a V
MAYOR
ATTESTED:
CITY CLERK— TREASURER I
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