HomeMy WebLinkAbout2021 11_FY 2021-2022 Budget AdoptionTulsa County Clerk - Michael Willis
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06/23/2021 12:46:20 PM
Receipt p 21 -43960 iO, OKLAHOMA
Fee: $ 20.00 IN 2021 -11
A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR
FISCAL YEAR 2021 -2022 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, 2022 (FY 2021 -2022) 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 1, 2021, in compliance with the Act.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA, THAT:
SECTION ONE (1): The City Council of the City of Owasso does hereby adopt the FY 2021-
2022 Budget with total resources available in the amount of $90,034,447 and total
fund /departmental appropriations in the amount of $97,280,075; legal appropriations are
hereby established as shown on "Attachment A" for each fund and department; and,
SECTION TWO (2): The June 30, 2021, 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 some purposes for Fiscal Year 2021 -2022
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,
SECTION THREE (3): The Sinking Fund Schedules for June 30, 2021, and Sinking Fund Estimate
of Needs for Fiscal Year Ending June 30, 2022, are hereby approved to be Filed with the County
Excise Board; and,
SECTION FOUR (4): The effective date of this Resolution shall be July 1, 2021.
AND APPROVED this 151h day of June 2021.
Juli nn M. Steves
APPROVED AS TO FORM:
Juli ombardi, City Attorney
City Resolution No. 2021 -11
ATTACHMENT "A"
BUDGET SUMMARY - FISCAL YEAR 2021 -2022
Aoorooriation by Fund & Deoartment
General Fund
Municipal Court
General Fund
Managerial
General Fund
Finance
General Fund
Human Resources
General Fund
General Government
General Fund
Information Technology
General Fund
Support Services
General Fund
Community Development
General Fund
Police Services
Half -Penny Sales Tax Fund
Police Services
General Fund
Police Communications
General Fund
Animal Control
General Fund
Fire Services
Half -Penny Sales Tax Fund
Fire Services
General Fund
Emergency Preparedness
General Fund
Engineering
General Fund
Streets
Half -Penny Sales Tax Fund
Streets
General Fund
Stormwater
General Fund
Cemetery
General Fund
Parks
General Fund
Recreation & Culture
General Fund
Corn munity Center
General Fund
Historical Museum
General Fund
Economic Development
General Fund
Strong Neighborhoods
General Fund
Interfund Transfers Out
Ambulance Service Fund
Ambulance Operations
Ambulance Capital Fund
Ambulance Operations
E -911 Fund
Police Communications
Cemetery Care Fund
Cemetery
Emergency Siren Fund
Emergency Preparedness
Juvenile Court Fund
Juvenile Court
Hotel Tax Fund
Economic Development
Hotel Tax Fund
Strong Neighborhoods
Stormwater Management Fund
Stormwater
Tax Incremental Financing Fund
TIF Interfund Transfer Out
Vision Tax Fund
Vision Streets Projects
Vision Tax Fund
Interfund Transfers Out
Park Development Fund
Capital Projects
Capital Improvement Grants Fund
Capital Projects
Capital Improvements Fund
Capital Projects
City Garage Fund
Vehicle Maintenance
Self- Insurance Fund
General Government
Sinking Fund
General Government
Total Appropriations
$339,667
924,500
959,305
488,508
461,600
1,767,537
669,350
934,638
8,189,691
1,299,851
2,078,048
292,167
5,928,328
2,021,420
132,148
916,638
1,084,515
1,550,598
592,326
146,259
723,346
673,197
400,107
35,444
221,357
18,202
33,573,637
2,114,480
534,360
302,800
1,850
10,000
10,000
153,402
190,217
1,719,934
381,011
9,409,318
42,000
55,000
150,000
7,075,928
662,161
7,995,230
50,000
$97,280,075
TO: The Honorable Mayor and City Council
FROM: Linda Jones
Finance Director
SUBJECT: Resolution 2021 -11
FY 2021 -2022 Annual Operating Budget
DATE: June 11, 2021
BACKGROUND:
APPROVED BY COUNCIL
JUN 15 2021
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 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 -11 provides for the adoption of a fiscal year budget for the City
of Owasso, Oklahoma.
PUBLIC HEARING:
On May 19, 2021, a 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. There were no citizen
comments provided.
RECOMMENDATION:
Staff recommends approval of Resolution 2021 -11, adopting the Fiscal Year 2021 -2022 budget
for the General Fund and other funds as established by the Owasso City Council.
ATTACHMENT:
Resolution 2021 -11