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Minutes for the City Council meeting on October 18, 2005
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CITY COUNCIL MINUTES - OCTOBER 18, 2005
The Jonesboro City Council met Tuesday, October 18, 2005, at 6:30 p.m. Members present were: Mayor Doug Formon, City Clerk, Donna K. Jackson, City Attorney Phillip Crego and twelve council members. Those members were: Farmer, Province, Hargis, Moore, Williams, Perrin, Street, Johnson, Dover, Furr, McCall, and Ashley.
Councilman Perrin moved, seconded by Councilman Moore to approve the minutes of the regularly scheduled meeting held October 4, 2005. A voice vote was taken resulting in all members voting aye. Those members were: Farmer, Province, Hargis, Moore, Williams, Perrin, Street, Johnson, Dover, Furr, McCall, and Ashley.
City Attorney Crego announced there was no new litigation to report and provided a written report of current cases.
Finance Director, Larry Flowers provided a financial summary since he was not in attendance at the last City Council meeting. Councilman Farmer questioned the figures shown on the August Executive Summary showing a $45,000,000,000 balance in revenues and a $43,000,000,000 balance in expenses. Mr. Farmer questioned why the figures were higher than they are and how the report should be interpreted. Mr. Flowers responded saying Springbrook software recognizes inter-fund transfers as revenue, so budgets in the sales tax fund Springbrook will show on the revenue report for that fund the actual sales tax collections. He stated Springbrook will also show revenues in the funds they transfer the money to. He stated he would get with Springbrook and see if they could net out the transfers so the bottom line balances with the adopted budget. When asked about his assessment of the Springbrook software Mr. Flowers stated the initial training by Springbrook was not comprehensive enough to meet the needs, but at no additional cost they have agreed to send a more experienced trainer. He stated over all he was pleased with the produ...
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