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HomeMy WebLinkAbout157-08 RESOLUTIONRESOLUTION NO. 157-08 A RESOLUTION TO REQUEST THAT THE BUDGET TO BE SUBMITTED TO THE CITY COUNCIL BY THE ADMINISTRATION BE BALANCED BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS. Section 1: That the City Council of the City of Fayetteville, Arkansas hereby requests that the proposed annual budget submitted to the City Council for consideration by the City Administration be balanced in that its underlying, reasonable projections of annual revenue to be received and annual expenditures to be made shall be equal or that the projected revenue exceed projected expenditures. Revenues and expenditures tied to bond issues (including taxes, bond proceeds, expenditures for bond projects, etc.) shall not be considered Expenditures to complete capital projects already funded in the current year shall not be considered except for any additional, new expenditures to be paid for with new revenue. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby requests that the General Fund budget that is submitted to the City Council be balanced pursuant to the same provisions as above. PASSED and APPROVED this 5th day of August, 2008. APPROVED: By: 421 DA CO 1 1 , Mayo. ATTEST: By: C6- Af ) SONDRA E. SMITH, City Clerk/Treasurer ttt`tRKJT................ "' ,,, c •$Ypc.GAF •• A? E FAYETTEVILLE: :N. :95•9Rk S;::4 qN Jam. ',,'''Y,y, a 'ON1,Gp •%•' AGENDA REQUEST FOR: COUNCIL MEETING OF AUGUST 5, 2008 450 /5% otooq 92jr - FROM: ALDERMAN BOBBY FERRELL ORDINANCE OR RESOLUTION TITLE AND SUBJECT: A Resolution To Request That The Budget To Be Submitted To The City Council By The Admimstration Be Balanced APPROVED FOR AGENDA: 7y7 -0t Bobby Ferrell Date Alderman Kit William Date City Attorney (as to form) 4 RESOLUTION NO. A RESOLUTION TO REQUEST THAT THE BUDGET TO BE SUBMITTED TO THE CITY COUNCIL BY THE ADMINISTRATION BE BALANCED BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby requests that the proposed annual budget submitted to the City Council for consideration by the City Administration be balanced in that its underlying, reasonable projections of annual revenue to be received and annual expenditures to be made shall be equal or that the projected revenue exceed projected expenditures. Revenues and expenditures tied to bond issues (including taxes, bond proceeds, expenditures for bond projects, etc.) shall not be considered Expenditures to complete capital projects already funded in the current year shall not be considered except for any additional, new expenditures to be paid for with new revenue. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby requests that the General Fund budget that is submitted to the City Council be balanced pursuant to the same provisions as above. PASSED and APPROVED this 5th day of August, 2008. APPROVED: ATTEST: DAN COODY, Mayor SONDRA E. SMITH, City Clerk/Treasurer 8.12.08) Clarice Pearman - Res. 157-08 Page 1 From: To: Date: Subject: Attachments: Clarice Pearman Ferrell, Robert; Williams, Kit 8.12.08 1:32 PM Res. 157-08 157-08 Balanced 2009 Budget.pdf CC: Audit Gentlemen: Attached is a copy of the above resolution passed by City Council, August 5, 2008 regarding a balanced 2009 budget. Please Id me know if there is anything else needed for this item. Have a good day. Thanks. Clarice