Financial 2016 Statement
General Fund
Balance January 1, 2016 $455,542
Cash Receipts
State General Turnback $7,794
Property Taxes 39,540
County Sales Tax 95,667
Franchise Fees 10,636
Local Permits & Fees 7,760
Rent 8,400
Other 7,303
Total Receipts in 2016 $177,100
Total General Funds Available $632,642
Expenditures
Assets $2,530
Capital Outlay (park improvements) 6,828
Payroll, tax expenses 70,806
Admin Expenses 2,822
Bldgs. maintenance, insurance, utilities 11,504
Park maintenance 16,301
Other services; annual fees 5,913
Fire & EMS 2,000
Planning/Zoning 4,118
Misc 7,437
Total Expenditures in 2016 $130,259
Balance General Fund Dec. 31, 2016 $502,383
Street Fund
Balance January 1, 2016 $256,951
Cash Receipts
State Turnback $32,236
Property Taxes 6,314
Town Sales Tax 79,710
Other 156
Total Receipts in 2016 $118,416
Total Street Fund Available $375,367
Expenditures
Capitol Outlay $6,905
Payroll, tax expense 11,877
Street/Traffic lights 6,081
Street maintenance 21,717
Misc; Insurance 687
Equipment expense; tools 5,192
Total Expenditures in 2016 $52,459
Balance Street Fund Dec. 31, 2016 $322,908
INDEBTEDNESS none
All financial records for the Town of Avoca are public records and are open for public inspection during regular business hours of 9 AM to 3 PM, Monday through Thursday, at Avoca Town Hall.
 
UPDATED MARCH 29, 2017

Avoca, Arkansas, P.O. Box 160 72711

 

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