Resolutions

RESOLUTION 2010-32

A RESOLUTION PROVIDING FOR AND ADOPTING A BUDGET FOR THE CITY OF ELKINS, ARKANSAS, FOR THE TWELVE (12) MONTHS BEGINNING JANUARY 1, 2011, AND ENDING DECEMBER 31, 2011; APPROPRIATING MONEY FOR EACH AND EVERY ITEM OF EXPENDITURE THEREIN PROVIDED FOR AND FOR OTHER PURPOSES.

WHEREAS, the City Council has made a comprehensive study and review of the proposed budget; and,

WHEREAS, it is the opinion of the City Council that the schedules and exhibits of financial information prepared and reviewed revealing anticipated revenues and expenditures for the calendar year 2011 appear to be as accurate as possible for budgetary purposes.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ELKINS, ARKANSAS:

SECTION 1: This Resolution shall be known as the Budget Resolution for the City of Elkins, Arkansas, for the twelve (12) month period beginning January 1, 2011, and ending December 31, 2011, reflecting estimated revenues and expenditures as hereinafter set forth on the succeeding pages at "Exhibit A". All revenues herein are estimated and subject to change and all appropriations are calculated upon available revenues.

SECTION 2: The respective amounts of funds for each and every item of expenditure classification herein proposed in the budget for 2011 and hereby approved by the City Council of Elkins, Arkansas, are hereby authorized and appropriated for the purposes herein set forth for the calendar year ending December 31, 2011.

Passed and approved this 29th day of December, 2010.

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