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HomeMy WebLinkAbout1995 04_OPWA_Adopt Annual Operating Budget_1995.06.20 OW ASSO PUBLIC WORKS AUTHORITY OPW A RESOLUTION NO 95-04 RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL OPERATING BUDGET FOR THE OW ASSO PUBLIC WORKS AUTHORITY; CLASSIFYING REVENUES; ESTABLISHING LEVELS OF EXPENDITURES BY CLASSIFICATION AS PROVIDED BY STATUTE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS: It is the intent of the Owasso Public Works Authority to adopt an operating budget for fiscal year 1995-96; and WHEREAS: The adoption of such budget is vital to the continuation of services to the citizens of Owasso; and WHEREAS: Public access to the adopted budget is desired; and WHEREAS: Certain publication and filing requirements are mandated by State Statutes. NOW THEREFORE, BE IT RESOLVED BY THE TRUSTEES OF THE OW ASSO PUBLIC WORKS AUTHORITY: THAT: The revenues, expenditures and transfers as shown be adopted: Revenue and Transfers In $8,512,215 Personal Services Expenditures 650,365 Material & Supplies Expenditures 1,276,385 Other Services & Charges Expenditures 602,295 Capital Outlay Expenditures 5,031,350 Debt Service Expenditures 952,135 Transfers Out 3,247,688 THAT: The effective date of this Resolution shall be July 1, 1995. APPROVED AND ADOPTED this 20th day of June, 1995 by the Trustees of the Owasso Public Works Authority. krTEST: Chairperson Mard Boutwell, Trust ~ APPR? AS TO FORM: -'