HomeMy WebLinkAbout1998 05_OPWA_Adopt Annual Operating Budget_1998.05.26
OW ASSO PUBLIC WORKS AUTHORITY
OPW A RESOLUTION NO 98-05
A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL
OPERATING BUDGET FOR THE OWASSO 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 1998-99; 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 $11 ,313.020
Personal Services Expenditures $824,435
Material & Supplies Expenditures $1,661,910
Other Services & Charges Expenditu $774,750
Capital Outlay Expenditures $2,568,800
Debt Service Expenditures $1,891,000
Transfers Out $4,246,600
THAT: The effective date of this Resolution shall be July 1, 1998.
APPROVED AND ADOPTED this 26th day of May, 1998 by the Trustees of the Owasso Public
Works Authority
ATTEST