HomeMy WebLinkAbout2015 12_FY 2015-2016 Budget_2015.06.16CITY OF OWASSO, OKLAHOMA
RESOLUTION 2015 -12
A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL
YEAR 2015 -16 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, 2016 (FY
2015 -2016) 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 2 2015, 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 2015-
2016 Budget with total resources available in the amount of $68,934,791
and total fund /departmental appropriations in the amount of
$68,934,791; legal appropriation 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, the Ambulance
Capital Fund, the Public Safety Capital Fund, the Park Development
Fund and the Capital Improvement Grants Fund for Fiscal Year 2014-
2015 be and the same are hereby reappropriated to the same funds,
accounts and for the same purposes for Fiscal Year 2015 -2016 unless the
project or purpose is designated or declared closed or completed; and
THAT: The Sinking Fund Schedules for June 30, 2015 and Sinking Fund Estimate
of Needs for Fiscal Year Ending June 30, 2016 are hereby approved to
be Filed with the County Excise Board; and
THAT: The effective date of this Resolution shall be July 1, 2015.
PASSED, ADOPTED AND APPROVED this 161h day of June, 2015, by the City Council of the City
of Owasso, Oklahoma.
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ATTEST:
APPROVED AS TO FORM:
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JuIlKombardi, City Attorney
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J toberly, Mayor
City Resolution 2015 -12
Attachment A
Budget Summary - fiscal Year 2015 -2016
Appropriation by Fund & Department
General Fund
Municipal Court
$257,484
General Fund
Managerial
812,874
General Fund
Finance
683,121
General Fund
Human Resources
454,633
General Fund
General Government
423,500
General Fund
Information Technology
888,541
General Fund
Support Services
449,561
General Fund
Community Development
724,220
General Fund
Police Services
5,291,345
Half -Penny Sales Tax Fund
Police Services
1,370,833
General Fund
Police Communications
888,763
General Fund
Animal Control
215,953
General Fund
Fire Services
4,354,313
Half -Penny Sales Tax Fund
Fire Services
1,370,833
General Fund
Emergency Preparedness
81,306
General Fund
Engineering
667,406
General Fund
Streets
929,515
Half -Penny Sales Tax Fund
Streets
1,174,823
General Fund
Stormwater
565,403
General Fund
Cemetery
74,462
General Fund
Parks
500,714
General Fund
Culture & Recreation
238,543
General Fund
Community Center
235,753
General Fund
Historical Museum
30,270
General Fund
Economic Development
131,194
General Fund
Interfund Transfers Out
23,850,000
Ambulance Service Fund
Ambulance Operations
1,349,300
Ambulance Capital Fund
Ambulance Operations
223,600
Public Safety Capital Fund
Police Services
-
Public Safety Capital Fund
Fire Services
226,770
E -911 Fund
Police Communications
231,302
Cemetery Care Fund
Cemetery
4,600
Emergency Siren Fund
Emergency Preparedness
24,000
Juvenile Court Fund
Juvenile Court
28,000
Hotel Tax Fund
Economic Development
58,850
Hotel Tax Fund
Strong Neighborhoods
156,280
Stormwater Management Fund
Stormwater
708,695
Stormwater Management Fund
Interfund Transfers Out
265,735
Capital Improvements Fund
Capital Projects
5,792,358
Park Development Fund
Capital Projects
-
Capital Improvement Grants Fund
Capital Projects
6,989,666
City Garage Fund
Vehicle Maintenance
511,167
Self- Insurance Fund
General Government
5,570,000
Sinking Fund
General Government
129,105
Total Appropriations
$68,934,791
The Coy Wt o Limits.
TO: The Honorable Mayor and City Council
FROM: Linda Jones
Finance Director
SUBJECT: Resolution 2015 -12
FY 2015 -2016 Annual Operating Budget
DATE: June 12, 2015
BACKGROUND:
APPRO��O By cOUfVC
eL
JUN 16 1415
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 -12 provides for the adoption of a fiscal year budget for the City of Owasso,
Oklahoma.
RECOMMENDATION:
Staff recommends approval of Resolution 2015 -12 adopting a Fiscal Year 2015 -2016 budget for
the General Fund and Other Funds as established by the Owasso City Council,
ATTACHMENT:
Resolution 2015 -12