Resolutions
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RESOLUTION 2005-1

A RESOLUTION PROVID1NG FOR AND ADOPTING A BUDGET FOR ACT 988
FUNDS OF THE CITY OF JOHNSON. ARKANSAS, FOR THE TWELVE (12)
MONTHS BEGINNING JANUARY 1, 2005, AND ENDING DECEMBER 31,
2005; APPROPRIATING MONEY FOR EACH AND EVERY ITEM OF
EXPENDITURE THEREIN PROVIDED FOR.
WHEREAS, the City Council has made a comprehensive study and review of the proposed
budget for Act 988 Funds for the year 2005; 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 Act 988
Funds for the calendar year 2005 appear to be as accurate as possible for budgetary purposes,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF JOHNSON,
ARKANSAS:
SECTION 1: This Resolution shall be known as the Act 988 Funds budget for the City of
Johnson, Arkansas, for the twelve (12) month period beginning January 1, 2005, and ending
December 31, 2005; 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
classificationherein proposed in the Act98SFunds Budget for 2005 are hereby approved by the City
Council of Johnson, Arkansas, and are hereby authorized and appropriated for the purposes herein
set forth for the calendar year ending December 31, 2005.