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HomeMy WebLinkAbout2019 01_OPGA Adopt Annual Operating Budget_2019.06.18xn� Tulsa County Clerk - Michael Willis Doc p 2019056770 Page(s): 1 9:•; 06/27/2019 12:09:02 PM •ri '• �-,a:• Receipt q 19 -34640 Fee: $ 13.00 klAxoN' OWASSO PUBLIC GOLF AUTHORITY OWASSO, OKLAHOMA RESOLUTION 2019 -01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2019 -20 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 fiscal year ending June 30, 2020 (FY 2019- 2020); and WHEREAS, the budget has been formally presented to the Trustees; 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: The Owasso Public Golf Authority does hereby adopt the FY 2019 -2020 Budget with total resources available in the amount of $1,941,324 and total expenditures appropriations in the amount of $1,415,123 as follows: Golf Shop $ 211,727 Golf Cart Operation 114,398 Golf Course Maintenance 721,311 Food and Beverage 134,805 General and Administrative 232.882 Total expenditures $ 1,415,123 THAT: The effective date of this Resolution shall Jae July 1, 2019 ADOPTED AND APPROVED this 181h day of June, 201 Authority. ST- ` `% 'q l,lcLr S p j Otflc/ v..•9+i Jul'ann M. Stevens, A}4thor-ity Secretary = 3: S _0= ep/ =o; .�; APPROVED AS TO FORM: .� SpFti01100 •.•'r ;` L1iiir111,0��''`` Julie mbardi, Authority Attorney the Owasso Public Golf s� n,Le • REAL Character • REAL Gommuniry TO: The Honorable Chair and Trustees Owasso Public Golf Authority FROM: Linda Jones Finance Director SUBJECT: Resolution 2019 -01 FY 2019 -2020 Annual Owasso Public Golf Authority (OPGA) Operating Budget DATE: June 14, 2019 BACKGROUND: Pursuant to statutory and Charter provisions, an annual operating budget for the General Fund, Owasso Public Works Authority (OPWA) Fund, OPGA Fund, and other funds has been developed and was transmitted for City Council review on May10, 2019. 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. Resolution 2019 -01 provides for the adoption of a fiscal year budget for the Owasso Public Golf Authority. PUBLIC HEARING: On May 15, 2019, legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on May 21, 2019, The public hearing provided opportunity for citizen comment and questions relating to the proposed budget. No public comments were received. RECOMMENDATION: Staff recommends approval of Resolution 2019 -01 adopting a Fiscal Year 2019 -2020 budget for the OPGA Fund. ATTACHMENT: OPGA Resolution 2019 -01