2015 year end numbers good for Jonesboro
Jonesboro’s revenues outweighed expenses in final numbers that were presented to the Jonesboro City Council.
Jonesboro’s Chief Financial Officer Suzanne Allen says total revenues for 2015 were just over $47 million dollars, while expenditures were $46.3 million. That is a difference of almost 765-thousand dollars.
Lower fuel prices for the city caused a surplus over budgeted expenditures of 542-thousand dollars. Allen says 72% of the revenue for the city came from sales taxes. That was good news for Jonesboro, as over 711-thousand dollars came to the city in the form of sales tax…for Craighead County, sales tax growth was just over 586-thousand-dollars.
General revenues were $40,196,878 while General expenditures were $40,167,463.
Street revenues were $5,778,885 while street expenditures were $5,013,737.
Emergency 911 revenues were $1,061,838 while expenditures were $1,121,716.
Cemetery revenues were $38,984 while expenditures were $8,888.
Operations and Maintenance Fund Totals revenues $47,076,585, expenditures were $46,311,804.