HomeMy WebLinkAbout2013 10_Annual Operating Budget_2013.06.18CITY OF OWASSO, OKLAHOMA
RESOLUTION NO. 2013-10
A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2013-
2014 FOR THE GENERAL FUND AND OTHER FUNDS AS ESTABLISHED BY THE OWASSO CITY COUNCIL;
ESTABLISHING LEVELS OF EXPENDITURES BY DEPARTMENT AND ESTABLISHING BUDGET AMENDMENT
AUTHORITY AS PROVIDED BY STATUTE; AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS: The City of Owasso has adopted the provisions of the Oklahoma
Municipal Budget Act (the Act); and
WHEREAS: The City Manager has prepared a budget for the fiscal year ending
June 30, 2014 (FY 2013-2014) consistent with the Act; and
WHEREAS: The Act provides for the City Manager, or designee, to transfer any
unexpended and unencumbered appropriation from one
department to another within the same fund; and
WHEREAS: The budget has been formally presented to the Owasso City
Council at least 30 days prior to the start of the fiscal year in
compliance with the Act; and
WHEREAS: The Owasso City Council published notice of a Public Hearing, and
conducted the Public Hearing on June 4, 2013, in compliance with
the Act.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA:
THAT: The City Council of the City of Owasso does hereby adopt the FY
2013-2014 Budget with total resources available in the amount of
$51,717,744 and total fund/departmental appropriations in the
amount of $51,717,744; legal appropriations are hereby established
as shown on "Attachment A" for each fund and department; and
THAT: The encumbrances and unexpended appropriation balances for
capital projects in the Capital Improvements Fund and the CDBG Fund
for Fiscal Year 2012-2013 be and the same are hereby reappropriated
to the same funds, accounts and for the same purposes for Fiscal
Year 2013-2014 unless the project or purpose is designated or declared
closed or completed; and
THAT: The Sinking Fund Schedules for June 30, 2013 and Sinking Fund Estimate of
Needs for Fiscal Year Ending June 30, 2014 are hereby approved to be
Filed with the County Excise Board; and
THAT: The effective date of this Resolution shall be July 1, 2013.
APPROVED AND ADOPTED this 18th day of June, 2013 by the City Council f the City of
Owasso, Oklahoma.
o g Bonebrake, Mayor
ATTEST:
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1~ Gry
OP'FrcIAL o
Sherry Bishop ity Clerk SEAL
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Approved as to Form:
Juli ombardi, City Attorney