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Annual Financial Statement

3/31/2022

   CITY OF STUTTGART, ARKANSAS   
   ANNUAL FINANCIAL STATEMENT   
   1/1/2021-12/31/2021   
     
   GENERAL FUND   
BALANCE JANUARY 1, 2021  $                                   311,046.30
CASH RECEIPTS    
  STATE REVENUES  $                                                   148,665.73
  PROPERTY TAXES  $                                                   540,648.70
  SALES TAXES  $                                               2,451,971.96
  FINES, FORFEITURES, AND COSTS  $                                                   357,756.46
  FRANCHISE FEES  $                                                   681,317.81
  OTHER REVENUES  $                                               1,731,918.83
   TOTAL RECEIPTS   $                                               5,912,279.49
  TOTAL GENERAL FUND AVAILABLE  $                                               6,223,325.79
     
EXPENDITURES    
  Personal Services  $                                               4,320,968.92
  Other Services & Charges  $                                                   478,689.39
  Capital Outlay  $                                                     50,113.11
  Other Expense  $                                                     96,911.96
  Supplies Expense  $                                                   752,660.31
  TOTAL EXPENDITURES  $                                               5,699,343.69
BALANCE GENERAL FUND DEC. 31, 2021  $                                   523,982.10
     
   STREET FUND   
BALANCE JANUARY 1, 2021  $                                   659,193.86
CASH RECEIPTS    
  STATE REVENUES  $                                                   747,408.77
  PROPERTY TAXES  $                                                   253,502.97
  SALES TAXES  $                                                   155,000.00
  OTHER REVENUES  $                                                   114,609.17
   TOTAL RECEIPTS   $                                               1,270,520.91
  TOTAL STREET FUND AVAILABLE  $                                               1,929,714.77
     
EXPENDITURES    
  PERSONAL SERVICES  $                                                   785,247.97
  SUPPLIES  $                                                   227,817.23
  OTHER SERVICES  $                                                     37,664.83
  OTHER EXPENSE  $                                                        1,578.73
  TOTAL EXPENDITURES  $                                               1,052,308.76
BALANCE STREET FUND  DEC. 31, 2021  $                                   877,406.01
     
   SOLID WASTE MANAGEMENT SYSTEM FUND   
BALANCE JANUARY 1, 2021  $                                   229,433.88
CASH RECEIPTS    
  SWMS COLLECTIONS  $                                               1,115,134.16
  OTHER REVENUE  $                                                   511,942.22
   TOTAL RECEIPTS   $                                               1,627,076.38
  TOTAL SWMS FUNDS AVAILABLE  $                                               1,856,510.26
     
EXPENDITURES    
  PERSONAL SERVICES  $                                                   810,666.03
  OTHER SERVICES & CHARGES  $                                                   445,377.87
  OTHER EXPENSE  $                                                   136,256.08
  SUPPLIES EXPENSE  $                                                   364,187.99
  CAPTIAL OUTLAY  
  TOTAL EXPENDITURES  $                                               1,756,487.97
BALANCE SWMS FUND DEC. 31, 2021  $                                   100,022.29
     
  INDEBTEDNESS  
TYPE OF DEBT AMOUNT  DATE OF LAST PAYMENT 
     
SALES & USE TAX BONDS  $                                              10,940,000.00 June 1, 2042
SALES & USE TAX BONDS  $                                              29,455,000.00 June 1, 2042
TOTAL DEBT  $                                              40,395,000.00  
     
     
All financial records for the City of Stuttgart, Arkansas are for public records and 
are open for public inspection during regular business hours of 8:00 A.M. to
4:30 P.M. Monday through Friday at City Hall in Stuttgart, Arkansas.
     
If the record is in active use or in storage and therefore not available at the time
a citizen asks to examine it, the custodian shall certify this fact in writing to 
the applicant and set a date and hour within (3) three days at which time 
the record will be available for inspection and copying.  
     Kimberly Burgess, Finance Officer 

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Coronavirus (COVID-19) Information

3/17/2020

Coronavirus (COVID-19) Information

The health and safety of our customers and employees is a top priority of the City of Stuttgart.  Below are a list of resources where you can find factual information on Coronavirus causes and prevention measures. 

Information from the CDC - Corona Virus
Information from the CDC - Hand Washing Protocol
Video from the CDC - FIght Germs.  Wash Your Hands!

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