Spending plan: Berryville city council approves 2016 budget

Friday, December 18, 2015

The Berryville City Council approved the city's 2016 budget Tuesday night.

Revenues in the proposed budget are: $2,963,000 for the general fund; $42,800 for the cemetery; $597,000 for the community center; $39,000 for the community center depreciation; $75,300 for the industrial park; $387,000 for the parks commission; $163,700 for retirement funds; $69,100 for Saunders Museum; $54,300 for the swimming pool; $31,500 for tourism; $1,499,000 for streets; $1,590,000 for the sewer system; $424,000 for the sewer bond; $120,600 for sewer depreciation; $1,863,000 for the water system; and $1,345,500 for the half cent sales tax.

The total estimated revenues are $11,264,800.

Appropriations in the proposed budget are: $2,952,900 for the general fund; $26,000 for the cemetery; $591,000 for the community center; $30,000 for community center depreciation; $51,000 for the industrial park; $385,900 for the parks department; $119,600 for retirement funds; $68,400 for Saunders Museum; $52,400 for the swimming pool; $30,800 for tourism; $1,491,200 for streets; $1,560,700 for the wastewater department; $394,000 for the sewer bond; $95,000 for sewer depreciation; $1,793,600 for the water department; and $1,280,000 for the half-cent sales tax.

The total estimated appropriations are $10,922,500.

While 2 percent of the budget is allocated toward raises, Mayor Tim McKinney said the city won't give wage increases immediately.

"We're going to look and see where we are mid-year," McKinney said.

The council also approved the city's 2014 audit.

In 2014, the city's assets were: $597,000 for the general fund; $386,485 for streets; $14,918,284 for water and wastewater; and $833,990 for other funds. The fund balances were: $556,348 for the general fund; $378,414 for streets; $9,692,405 for water and wastewater; and $803,613 for other funds.

A letter from the Killingsworth Firm CPA, PLLC, accompanies the audit, noting that the city met all expectations in 2014.

"In my opinion, the City of Berryville, Arkansas complied, in all material respects, with the aforementioned requirements for the year ended December 31, 2014," the letter reads.

The council's next regular meeting is scheduled for 6 p.m. Tuesday, Jan. 5 at City Hall.

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