HomeMy WebLinkAbout2020 14_FY 2020-2021 Annual Operating Budget City Council_2020.06.16TOE Tulsa County Clerk - Michael Willis
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06/25/2020 04:10:40 PM
Receipt 0 20 -37068 4SSO, OKLAHOMA
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A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR
2020 -2021 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, A budget for the fiscal year ending June 30, 2021 (FY 2020 -2021) consistent with the Act
has been prepared: 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 some 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, 2020, 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 2020 -2021 Budget
with total resources available in the amount of $82,439,733 and total
fund /departmental appropriations in the amount of $82,314,103; legal
appropriations are hereby established as shown on "Attachment A" for each fund
and department; and
THAT: The June 30, 2020, encumbrances and unexpended appropriation balances for
capital projects in the Vision Recapture Fund, the Half -Penny Sales Tax Fund, the
Capital Improvements Fund, the Ambulance Capital Fund, the Park Development
Fund, the Stormwater Management Fund, and the Capital Improvement Grants
Fund be hereby re- appropriated to the same funds, accounts and for the same
purposes for Fiscal Year 2020 -2021 unless the project or purpose is designated or
declared closed or completed, provided that fund balances in each respective
fund is equal to or greater than the amounts to be re- appropriated; and
THAT: The Sinking Fund Schedules for June 30, 2020, and Sinking Fund Estimate of Needs
for Fiscal Year Ending June 30, 2021, are hereby approved to be filed with the
County Excise Board; and
THAT: The effective date of this Resolution shall be July 1, 2020.
ADOPTED AND APPROVED this 16th day of June, 2020, by the City Council of the City of Owasso,
Oklahoma.
ATTES 1/I/1 Bill Bush, Mayor Gty }F 0
Juliann M. Stev ns, City Clerk J ��
• �' Orr. rCl AL
APPROV AS TO FORM:
yr "�L
Jt Lombardi, City Attorney
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Resolution 2020 -14 -
Page 1 of 2
RESOLUTION 2020 -14
ATTACHMENT "A"
BUDGET SUMMARY - FISCAL YEAR 2020 -2021
Appropriation by Fund & Department
General Fund
Municipal Court
$334,654
General Fund
Managerial
861,284
General Fund
Finance
891,471
General Fund
Human Resources
460,647
General Fund
General Government
495,700
General Fund
Information Technology
906,333
General Fund
Support Services
461,756
General Fund
Community Development
852,550
General Fund
Police Services
6,377,986
Half -Penny Sales Tax Fund
Police Services
1,780,015
General Fund
Police Communications
1,242,011
General Fund
Animal Control
217,568
General Fund
Fire Services
5,771,211
Half -Penny Sales Tax Fund
Fire Services
1,724,751
General Fund
Emergency Preparedness
141,759
General Fund
Engineering
857,081
General Fund
Streets
929,515
Half -Penny Sales Tax Fund
Streets
1,478,386
General Fund
Stormwater
557,141
General Fund
Cemetery
111,085
General Fund
Parks
614,744
General Fund
Recreation & Culture
504,481
General Fund
Community Center
403,971
General Fund
Historical Museum
32,679
General Fund
Economic Development
205,158
General Fund
Interfund Transfers Out
26,877,480
Ambulance Service Fund
Ambulance Operations
1,740,642
Ambulance Capital Fund
Ambulance Operations
329,675
E -911 Fund
Police Communications
303,850
Cemetery Care Fund
Cemetery
1,850
Emergency Siren Fund
Emergency Preparedness
10,000
Juvenile Court Fund
Juvenile Court
10,000
Hotel Tax Fund
Economic Development
146,081
Hotel Tax Fund
Strong Neighborhoods
175,472
StormwaterManagement Fund
Stormwater
1,101,714
Tax Incremental Financing Fund
TIF Interfund Transfer Out
353,378
Vision Tax Fund
Vision Streets Projects
4,600,000
Park Development Fund
Capital Projects
51,000
Capital Improvement Grants Fund
Capital Projects
134,000
Capital Improvements Fund
Capital Projects
10,038,440
City Garage Fund
Vehicle Maintenance
681,576
Self- Insurance Fund
General Government
7,495,008
Sinking Fund
General Government
50,000
Total Appropriations
$82,314,103
Resolution 2020 -14
Page 2 of 2
APPROVED BY COUNCIL
pEPL P,oplo • REAL CNOLIO• pEgl EORanunhy
JUN 16 2020
TO: The Honorable Mayor and City Council
FROM: Linda Jones
Finance Director
SUBJECT: Resolution 2020 -14, FY 2020 -2021 Annual Operating Budget
DATE: June 12, 2020
BACKGROUND:
Pursuant to statutory and Charter provisions, an annual operating budget for the General Fund,
Owasso Public Works Authority (OPWA) Fund, Owasso Public Golf Authority (OPGA) Fund and
other funds has been developed and was transmitted for City Council review on May 12, 2020.
The proposed budget was discussed during the May and June City Council work sessions.
Printed copies of the proposed budget have been available for public viewing at City Hall and
on the City's website. Resolution 2020 -14 provides for the adoption of a fiscal year budget for
the City of Owasso, Oklahoma.
PUBLIC HEARING:
On May 27, 2020, a legal notice of a public hearing was published in the Owasso Reporter, and
such hearing was conducted on June 2, 2020. The public hearing provided opportunity for
citizen comment and questions relating to the proposed budget. There were no citizen
comments provided.
RECOMMENDATION:
Staff recommends approval of Resolution 2020 -14, adopting the Fiscal Year 2020 -2021 budget
for the General Fund and Other Funds as established by the Owasso City Council.
ATTACHMENT:
Resolution 2020 -14