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HomeMy WebLinkAbout2021 01_OPGA_FY 2021-2022 Budget Adoptionx*o� Tulsa County Clerk - Michael Willis '..6z Doc p 2021073254 Page(s): 1 3:• � 06/23/2021 12:46:20 PM e Receipt 0 21 -43960 �kcgxoMP Fee: $ 18.00 Q W ASS V MISLK- cwLr AUTHORITY OWASSO, OKLAHOMA RESOLUTION 2021 -01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2021 -2022 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, 2022 (FY 2021- 2022); 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: SECTION ONE (1): The Owasso Public Golf Authority does hereby adopt the FY 2021 -2022 Budget with total resources available in the amount of $1,669,108 and total expenditures appropriations in the amount of $1,668,714 as follows: Golf Shop $ 278,167 Golf Cart Operation 126,738 Golf Course Maintenance 852,523 Food and Beverage 146,394 General and Administrative 264,892 Total expenditures $1,668,714 SECTION TWO (2): The effective date of this Resolution shall be July 1, 2021. PASSED AND APPROVED this 15th day of June 2021. e�> (No Golf iji T ���1� :.°QJpo��%CIO/.,•gG��� Bill Bush, Chair a a sea� M. Stevens, Authority CIa •. ahloho��'• APPR VED AS TO FORM: U: Juli ombardi, Authority Attorney sd IIGI vwW uucnwux.veu. CaixnwXy TO: FROM: SUBJECT: The Honorable Chair and Trustees Owasso Public Golf Authority Linda Jones Finance Director APPROVED BY TRUSTEES JUN 15 2021 Resolution 2021 -01 FY 2021 -2022 Annual Owasso Public Golf Authority (OPGA) Operating Budget DATE: June 11, 2021 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 Trustee review on May 11, 2021. The proposed budget was discussed during the May and June Worksession meetings. Printed copies of the proposed budget have been available for public viewing at City Hall and on the City's website. Resolution 2021 -01 provides for the adoption of a fiscal year budget for the Owasso Public Golf Authority. PUBLIC HEARING: On May 19, 2021, legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on June 1, 2021. 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 2021 -01, adopting a Fiscal Year 2021 -2022 budget for the OPGA Fund. ATTACHMENT: OPGA Resolution 2021 -01