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Ordinance 1996-08

AN ORDINANCE BY THE CITY COUNCIL FOR THE CITY OF JOHNSON
ARKANSAS, TO ACCEPT THE REVISED 1996 BUDGET FOR THE CITY OF
JOHNSON, ARKANSAS INCLUDING BALANCES CARRIED FORWARD FROM
ALL ACCOUNTS AS OF DECEMBER 31, 1995
WHEREAS the City Council for the City of Johnson, Arkansas has approved the
1995 Annual Financial Statement for the peiiod of January 1, 1995 to December 31, 1995:
and
WHEREAS the 1995 Annual Statement shows positive balances in all accounts;
and
WHEREAS the 1996 proposed Annual Budget has been revised to include these
positive balances;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL FOR THE
CITY OF JOHNSON, ARKANSAS that the City Council of the City of Johnson,
Arkaasas approved the revised 1996 budget and allow the expenditure of these cany over
balances to meet current obligations of the City of Johnson, Arkansas.
The City of Johnson hereby determines that an emergency exists and this ordinance
for the preservation of the health, safety, and welfare of the citizens of Johnson, Arkansas
shall be effective immediately upon its passage and approval.