HomeMy WebLinkAbout2015 01_OPGA_Adopt Annual Operating Budget_2015.06.16OWASSO PUBLIC GOLF AUTHORITY
OWASSO, OKLAHOMA
OPGA RESOLUTION 2015 -01
A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL
YEAR 2015 -16 FOR THE OWASSO PUBLIC GOLF AUTHORITY.
WHEREAS, The Owasso Public Golf 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 GOLF AUTHORITY,
THAT: Resources available in the amount of $1,170,901 are hereby appropriated as
follows:
Golf Shop $133,227
Golf Cart Operation $102,792
Golf Course Maintenance $583,959
Food and Beverage $126,559
General and Administrative $224,364
THAT: The effective date of this Resolution shall be July 1, 2015.
PASSED, ADOPTED AND APPROVED This 16th Day of June, 2015, by the Trustees of the Owasso
Public Works Authority.
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APPROVED AS TO FORM:
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Julie ombardi, Authority Attorney
Jeri o erly, Chair
The City Wit out limits.
TO: The Honorable Chairman and Trustees
Owasso Public Golf Authority
FROM: Linda Jones
Finance Director
SUBJECT: Resolution 2015 -01
FY 2015 -2016 Annual Operating Budget
DATE: June 12, 2015
BACKGROUND:
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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 -01 provides for the adoption of a fiscal year budget for the Owasso Public Golf
Authority.
RECOMMENDATION:
Staff recommends approval of Resolution 2015 -01 adopting a Fiscal Year 2015 -2016 budget for
the OPGA Fund,
ATTACHMENT:
OPGA Resolution 2015 -01