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.
