HomeMy WebLinkAbout2015 02_OPWA_Annual Operating Budget_2015.06.16OWASSO PUBLIC WORKS AUTHORITY
OWASSO, OKLAHOMA
OPWA RESOLUTION 2015 -02
A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL
YEAR 2015 -16 FOR THE OWASSO PUBLIC WORKS nnnanRiTV
WHEREAS, The Owasso Public Works Authority was created as a Title 60 Public Trust; and
WHEREAS, The Authority Manager has prepared a budget for the fiscal year ending June 30, 2016
(FY 2015- 2016): and
WHEREAS, the budget has been formally presented to the Trustees at least 30 days prior to the start
of the fiscal year; and
WHEREAS, certain budget filing requirements are mandated by State Statutes.
NOW, THEREFORE, BE IT RESOLVED BY THE TRUSTEES OF THE OWASSO PUBLIC WORKS AUTHORITY,
THAT: Resources available in the amount of $36,200,736 are hereby
appropriated as follows:
Administration
$795,238
Utility Billing
$417,831
Water
$4,367,864
Wastewater Treatment
$1,103,999
Wastewater Collections
$582,002
Refuse
$1,162,649
Recycle Center
$212,092
Debt Service
$6,519,692
Interfund Transfers Out
$21,039,369
THAT: The effective date of this Resolution shall be July 1, 2015.
PASSED, ADOPTED AND APPROVED this 161h day of June, 2015, by the Trustees of the Owasso
Public Works Authority.
Jeri oberly, Chair
ATTEST: a SEAL '•
Sherry Bish , Secretary irrrr�f1oMP.a'�
APPROVED AS TO FORM:
� C"'U
JUV Lombardi, Authority Attorney
TO: The Honorable Chairman and Trustees
Owasso Public Works Authority
FROM: Linda Jones
Finance Director
SUBJECT: Resolution 2015 -02
FY 2015 -2016 Annual Operating Budget
DATE: June 12, 2015
BACKGROUND:
Apps, 1 10 S y TAUS
T�FS
JUN I b lUh
Pursuant to statutory and Charter provisions, an annual operating budget for the General Fund,
OPWA Fund, OPGA Fund and other funds has been developed and was transmitted for City
Council review on May 12, 2015. The proposed budget was discussed during the May and June
Council work sessions. Printed copies of the proposed budget have been available for public
viewing at City Hall, the Owasso Library, and on the City's website.
On May 28, 2015, legal notice of a public hearing was published in the Owasso Reporter, and
such hearing was conducted on June 2, 2015. The public hearing provided opportunity for
citizen comment and questions relating to the proposed budget.
Resolution 2015 -02 provides for the adoption of a fiscal year budget for the Owasso Public Works
Authority.
RECOMMENDATION:
Staff recommends approval of Resolution 2015 -02 adopting a Fiscal Year 2015 -2016 budget for
the OPWA Fund,
ATTACHMENT:
OPWA Resolution 2015 -02