RES # 879 A RESOLUTION PROVIDING FOR AND ADOPTING BUDGETS FOR THE CITY OF EUREKA SPRINGS, ARKANSAS, FOR THE TWELVE-MONTH PERIOD BEGINNING JANUARY 1, 2025, AND ENDING DECEMBER 31, 2025; APPROPRIATING MONEY FOR EACH AND EVERY ITEM OF EXPENDITURES THERIN PRO

Ordinance/Resolution ID
879
Ordinance/Resolution Status
Adopted
Adopted Date
Introduction Date
Details

Whereas, the City Council of the City of Eureka Springs, Arkansas has made a comprehensive study and review of proposed budgets: and

 

Whereas, in the opinion of the City Council, the proposed 2025 Budget presents as accurately as possible the City’s anticipated revenues and expenditures for the 2025 calendar year; and 

 

            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 Budget Resolution for the City of Eureka Springs, Arkansas, for the twelve-month period beginning January 1, 2025, and ending December 31, 2025; and the attached 2025 Budget documents reflect estimated revenues and expenditures in detail for the period. All revenues and appropriations are based on estimated revenues; and all estimates are subject to change during the budgetary period.

            Section 2. The amounts for revenue and expenditures proposed in the 2025 municipal budget are hereby authorized and appropriated for the purpose set forth the calendar year ending December 31, 2025.

 

Estimated Revenues:                                                     Estimated Expenditures:

            (00) Non-Departmental                   $10,000                  

(01) General Fund                      $5,931,600      (01) General Fund                       $5,905,521

(10) Street Fund                         $1,086,000      (10) Street Fund                            $988,800                  

(11) LOPFI                                    $480,850      (11) LOPFI                                    $463,100

(12) Capital Fund                          $369,500      (12) Capital Fund                          $369,500

(40) Debt Service                          $305,500      (40) Debt Service                         $305,500

(62) Administration of Justice         $89,700      (62) Administration of Justice         $89,680      

(65) District Court Automation         $8,925       (65) District Court Automation          $8,800

(70) Firemen’s Pension Fund         $101,340       (70) Firemen’s Pension Fund         $101,000

(80) Water & Sewer Fund           $2,508,200       (80) Water & Sewer Fund            $2,394,740

(85) Transit Fund                       $1,971,552       (85) Transit Fund                        $1,967,205