RES # 877 A RESOLUTION AMENDING THE 2023 ADOPTED BUDGETS FOR THE CITY OF EUREKA SPRINGS, ARKANSAS, FOR THE YEAR 2023; APPROPRIATING MONEY FOR EACH AND EVERY ITEM OF EXPENDITURE THEREIN AND FOR OTHER PURPOSES

Ordinance/Resolution ID
877
Ordinance/Resolution Status
Adopted
Adopted Date
Introduction Date
Details

Whereas, the City Council of the City of Eureka Springs, Arkansas has determined that it is in the best interest of the City to amend the adopted budgets of the City, and:

 

Whereas, certain anticipated revenues and expenditures did not occur as previously budgeted.

 

            NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUREKA SPRINGS, ARKANSAS, THAT:

 

            Section 1:   This resolution shall be known as the Clean-up Amended Budget Resolution for the City of Eureka Springs, Arkansas, for the year 2023; and the attached 2023 Budget documents present the actual revenues, expenditures and appropriation adjustments for the period.

 

            Section 2:  That the amounts for each expenditure classification in the amended budget are hereby approved, by the City Council of the City of Eureka Springs, Arkansas; and they are hereby authorized and appropriated for the purposes set forth for the calendar year ending December 31, 2023:

 

Revenues for 2023

 

Account

2023 Amended Budget

 

Increase (Decrease)

 

12/31/2023 Balance

           
(00) Nondepartmental

8,250

 

(583)

 

7,667

(01) General Fund

6,293,661

 

(138,985)

 

6,154,676

(10) Street Fund

1,348,225

 

(217,801)

 

1,130,424

(11) LOPFI

463,500

 

(11,082)

 

452,418

(12) Capital Fund

527,201

 

(24,189)

 

503,012

(40) Debt Service

1,638,372

 

39,868

 

1,678,240

(50) Capital Project Fund

1,030,339

 

(950,956)

 

79,383

(62) Admin. of Justice

0

 

99,512

 

99,512

(65) Court Automation

11,225

 

(304)

 

10,921

(70) Firemen's Pension 

109,500

 

1,549

 

111,049

(80) Water & Sewer Fund

2,118,000

 

380,366

 

2,498,366

(85) Transit Fund

1,520,000

 

(41,312)

 

1,478,688

           

Total

15,068,273

 

(863,917)

 

14,204,356

 

 

 

 

 

 

 

 

 

 

 

 

RES. NO.  pg.2

 

Appropriations for 2023

 

Account

2023 Amended Budget

 

Increase (Decrease)

 

12/31/2023 Balance

           
(01) General Fund

5,998,700

 

(225,747)

 

5,772,953

(10) Street Fund

1,299,715

 

(170,168)

 

1,129,547

(11) LOPFI

462,600

 

(118,128)

 

344,472

(12) Capital Fund

500,701

 

(17,412)

 

483,289

(40) Debt Service

1,632,772

 

34,263

 

1,667,035

(50) Capital Project Fund

1,030,339

 

(950,956)

 

79,383

(62) Admin. Of Justice

0

 

99,315

 

99,315

(65) Court Automation

11,000

 

(4,686)

 

6,314

(70) Firemen's Pension 

105,500

 

5,134

 

110,634

(80) Water & Sewer Fund

2,088,291

 

373,598

 

2,461,889

(85) Transit Fund

1,480,369

 

(195,616)

 

1,284,753

           

Total

14,609,987

 

(1,170,402)

 

13,439,585