Jonesboro Board of Aldermen Adopt 2020-21 Budget

After taking almost nine months to adopt a town budget last year it took only the June 9th public hearing and corresponding Town of Jonesboro Board of Aldermen meeting to agree to accept Ordinance #2020-002 which provided the city with an operating budget for the next 12 months.

After a short discussion Board members Nia Evans-Johnson, Devin Flowers, James Ginn, Robbie Siadek and Pete Stringer unanimously accepted the proposed budget provided by Mayor Leslie Thompson that showed the city to be operating on $3,123,199.00 in estimated revenue.

Estimated expenditures were shown to be $3,198,711.00 which gave the town a one year deficit in funds estimate of $75,512.00 but ending the fiscal year with a $461,976.71 positive balance after coming into the new term with a $537,488.71 beginning fund balance.

Resolution #2020-025 which allows for Denmon Engineering to move forward with the Municipal Airport project was also passed. Ordinance #2020-003, which would give the Council a raise, earned a Public Hearing set for July 14,2020 at the Jonesboro City Hall.

In final action following reports by the heads of the Fire, Police and Public Works departments the council agreed to look into the current Peddlers Licensing Agreement as well as declare surplus items.


One thought on “Jonesboro Board of Aldermen Adopt 2020-21 Budget

  1. Do you have this resolution available to download: Resolution #2020-025 which allows for Denmon Engineering to move forward with the Municipal Airport project was also passed.

    Thanks!

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