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HomeMy WebLinkAbout2022 01_OPWA Budget Adoption FY 2022-2023Tulsa County Clerk - Michael Willis Doc 2022076778 Page(s): 1 07/25/2022 12:39:33 PM Receipt p 22 -50092 Fee: $ 18.00 OWASSO PUBLIC WORKS AUTHORITY OWASSO, OKLAHOMA RESOLUTION 2022 -01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2022 -2023 FOR THE OWASSO PUBLIC WORKS AUTHORITY WHEREAS, The Owasso Public Works Authority was created as a Title 60 Public Trust; and WHEREAS, The Authority Manager has prepared a budget for fiscal year ending June 30, 2023 (FY 2022- 2023); 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 WORKS AUTHORITY, THAT: SECTION ONE (1): The Owasso Public Works Authority does hereby adopt the FY 2022 -2023 Budget with total resources available in the amount of $59,230,758 and total expenditure appropriations in the amount of $57,435,542 as follows: Administration 1,224,764 Utility Billing 519,783 Water 5,200,243 Wastewater Treatment Plant 1,667,730 Wastewater Collections 7,928,594 Refuse 1,360,730 Recycle Center 265,172 Debt Service 8,225,750 Tax Increment Financing 976,931 Interfund Transfers Out 30,065,845 Total Expenditures 57,435,542 SECTION TWO (2): The effective date of this Resolution shall be July 1, 2022. PASSED AND APPROVED this 21st day of June 2022 Kelly Lewis, Chris Garrett, Deputy Authority Clerk , Authority Attorney TO: FROM: SUBJECT: DATE: BACKGROUND: The Honorable Chair and Trustees Owasso Public Works Authority Linda Holt Finance Director APPROVED BY TRUSTEES JUN 2 12022 Resolution 2022 -01 FY 2022 -2023 Annual Owasso Public Works Authority (OPWA) Operating Budget June 17, 2022 Pursuant to statutory and Charter provisions, an annual operating budget for the General Fund, Owasso Public Golf Authority (OPGA) Fund, OPWA Fund, and other funds has been developed and was transmitted for City Council review on May 10, 2022. 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 and on the City's website. Resolution 2022 -01 provides for the adoption of a fiscal year budget for the Owasso Public Works Authority. PUBLIC HEARING: On May 11, 2022, legal notice of a public such hearing was conducted on May 17, citizen comment and questions relating t o received. RECOMMENDATION: hearing was published in the Owasso Reporter, and 2022. The public hearing provided opportunity for the proposed budget. No public comments were Staff recommends approval of Resolution 2022 -01 adopting a Fiscal Year 2022 -2023 Budget for the OPWA Fund.. ATTACHMENT: OPWA Resolution 2022 -01 Oklahoma Owasso Reporter • Sand Springs Leader SklffiOOk Journal Wagoner County American- Tribune OKLAHOMA WEEKLY GROUP Account Number P.O. BOX 1770 TULSA, OK 74102 -1770 1015023 CITY OF OWASSO /LEGALS Date Alto Julie Stevens PO BOX 180 May 11, 2022 OWASSO, OK 74055 Date Category Description Ad Size Total Cost 0511112022 Legal Notices OWASS02023 BUDGET 2 x 141.00 CL 184.32 Affidavit of Publication Bweda Brumbaugh , of lawful age, being duly sworn, am a legal representative of the Owasso Reporter of Owasso, Oklahoma, a weekly newspaper of general circulation in'futsa County, Oklahoma, a legal newspaper qualified to publish legal notices, as defined in 25 O.S. § 106 as amended, and thereafter, and complies with all other requirements of the laws of Oklahoma with reference to legal publication. That said notice, a true copy of which is attached hereto, was published in the regular edition of said newspaper during the period and time of publication and not in a supplement, on the DATE(S) LISTED BELOW 05/11/2022 Newspaper reference: 0000758605 Legal Representative Sworn to and subscribed before me this date: Notary Public STATE OF OKLAHOMA S SEP.11, 2023 9009197 My Commission expires: 7566M Published In the Owasso Reporter, Owasso, Tulsa Coun- ty, Oklahoma, May 11, 2022 NOTICE OF PUBLIC HEARING Owasso City Council will hold a Public hearing on the Pro- posed FY 2023 budget during the City Council meeting at 6:30 Pm on May 17, 2022 in the Council Chambers at Did Central, 109 N. Birch. The proposed budget is available for inspection at City Hall, the Owasso Community Center and www.citvafowosso.com. City of Owasso - Proposed Budget Summary Fiscal Year M22 -2023 Revenue by Fund & Source Emergency Siren Fund: Licenses & Permits Other Juvenile Court Fund: Fines & Forfeitures Other Hotel Tax Fund: Taxes Omer .ter Management Fund: es & Fees Grants Fund governmental �emental Financing: ecapture Tax fund: and Transfer In velopment Fund: ses & Permits mprovement Grants Fund: iovernmental mprovemenis Fund: and Transfers In age Fund: es & Fees ranee Fund: es & Fees 5 Transfers In $38,176,041 361,252 1,329,004 778,257 181,100 134,664 21,387,824 5,421,391 2BA99 1,134,515 1,940,178 224,593 347,679 500 313,400 3,180 1,259,084 1,050 M 11950 187 600 73 595,260 6,589 1,686,860 9,697 3,107,369 495,000 274 5,963,530 45,149 3,000,000 80,000 572 150,880 29,721 7,678,021 743,746 8,133,870 47,720 280 200 610479889- Municipal Court 8395,315 Managerial 1,025,491 Finance 1,013,178 Human Resources 550,285 General Government 5171851 Information Technology 1,974,237 Support Services 594,725 Community Development 1,016,507 Police Services 7,939,691 Police Communications 272,647 Animal Control 320,642 Fire Services 5,780,000 Emergency Preparedness 147,432 Engineering 965,334 Stormwater 626,996 Cemetery 270,587 Parks 1,008,430 Recreation and Culture 498,246 Community Center 565,087 Historical Museum 37,232 Economic Development 161500 Strong Neighborhood Half Sales Tax Fund: 75,018 -Penny Police Services 2,296,548 Fire Services 2,390,832 Streets 2,692,329 Vision Recapture Tax Fund: 81900,000 Ambulance Fund: 7,933,993 Ambulance Capital Funtl: 514,883 E -911 Fund: 1,582628 Cemetery Care Fund: 11850 Emergency Siren Fund: 110101000 Juvenile Court Fund: Hotel Tax Fund: 10,000 Economic Development 98,000 Strang Neighborhood 218,528 Stormwater Management Fund 1,608,997 Federal Grants Fund 6,280,465 Park Development Fund 88,000 Capital Improvements Grants Fund 1501000 Capital Improvements Fund 9,760,816 City Garage Fund Self- Insurance Fund: 769,942 Workers' Comp 580,000 Gen Prop Llob Healthcare 420 000 7 05Z 320 Subtotal Expenditures 71061,5 Interfund Transfers Out: General Fund Transfer to OPWA 32,338,345 General Fund Transfer to Capital Improvements Fund 2,01 000 General Fund Transfer to E -911 Fund 1,259,084 General Fund Transfer to OPGA 1,040,000 General Fund Transfer to Half -Penny Fund - Streets 11131515 TI Transfer to OPWA 635,171 Sinking Fund Transfer to Self- Insurance Fund 200 Total Expenses 4112