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Home My WebLink About2023.06.13_Worksession AgendaThis meeting is a work session for Council/Trustee discussion only. There is no opportunity for public comments at work session. PUBLIC NOTICE OF THE JOINT MEETING OF THE OWASSO CITY COUNCIL OWASSO PUBLIC WORKS AUTHORITY (OPWA) OWASSO PUBLIC GOLF AUTHORITY (OPGA) Council Chambers Old Central Building 109 North Birch, Owasso, OK Tuesday, June 13, 2023 - 6:00 PM NOTE. APPROPRIATE ACTION may include, but is not limited to: acknowledging, affirming, amending, F opprovi g,, uBorizing, AGENDA JUN 08 2023 V 1. Call to Order - Mayor /Chair Kelly Lewis City Clerk's Office 2. Discussion relating to a proposed amendment to Section III (A)(5), Development Project Assistance, of the Owasso Redbud District Project Plan and Tax Increment District No. 1 Policy Guide Chris Garrett 3. Discussion relating to the proposed Fiscal Year 2023 -2024 Annual Operating Budget Warren Lehr / Carly Novozinsky 4. Discussion relating to City /Authority Manager items Warren Lehr A. Monthly sales tax report and revenue outlook B. City Manager report 5. Consideration and appropriate action relating to a request for an executive session for the purposes of discussing the City Attorney and the City Manager employment contract, annual evaluation, and succession planning, as provided for in Title 25, O.S. § 307(B)(1) Mayor Kelly Lewis 6. City Councilor /Trustee comments and inquiries 7. Adjournment Notice of Public Meeting filed in the office of the City Clerk on Friday, December 9, 2022, and the Agenda posted at City Hall, 200 South Main Street, at 3:00 pm on,Thursday, June 8, 2023. n M. Stevens, City The City of Owasso encourages citizen participation. To request an accommodation due to a disability, contact the City Clerk at least 48 hours prior to the scheduled meeting by phone 918 - 376 -1502 or by email to istevens @cityofowasso.com sd Total Monthly Sales Tax Comparisons 54.SOD.OW 595,000,000 $40.0DO.000 53,000,000 $2,500.00 $2,000,00 51,500,000 $1,000,000 $500�000 W,wo.ow Jul Aug S., 00 Nov Dec Jan Feb M. Apr M.Y Jun Year-to-Date Sales Tax Totals sso,og%= 595,000,000 $40.0DO.000 S35.00DOCQ S30.00O.WO SM.000.000 S20,00D.m sis.wo.wo $10.000,00 W,wo.ow I Jul Aug Sep Oct N. Dec Jn Feb Mw Apr May Jun City of Owasso Total Monthly Sales Tax Revenues Last Five Fiscal Years "Sales tax increase from 3.5% to 4.05% (55 /100) for street Improvements in 2017. 2022 -2023 2021 -2022 2020 -2021 2019.2020 2018 -2019 Jul $3,859,805 $ 3,440,377 $ 3,464,240 $ 3,005,671 $ 2,998,609 Aug 3,888,306 3,558,829 3,386,133 2,968,434 2,920,263 Sep 3,743,687 3,522,962 3,227,732 2,969,838 2,810,048 Oct 3,767,889 3,653,860 3,093,584 3,067,281 2,899,646 Nov 3,750,140 3,443,276 3,162,417 2,655,219 2,753,335 Dec 3,854,603 3,538,043 3,214,507 3,105,262 2,858,066 Jan 4,145,010 3,890,744 3,466,684 3,399,527 3,330,435 Feb 4,055,635 4,033,475 3,406,382 3,294,059 3,132,584 Mar 3,334,731 2,990,573 2,987,980 2,677,677 2,523,512 Apr 3,659,838 3,491,187 2,803,716 2,845,063 2,723,563 May 4,018,971 3,726,630 3,596,560 2,953,020 2,945,503 Jun 3,797,070 3,678,903 3,714,051 2,907,154 3,046,140 _L 45,875,686 $42,968,861 $39,523,987 $ 36,048,205 $ 34,941,703 "Sales tax increase from 3.5% to 4.05% (55 /100) for street Improvements in 2017. City of Owasso Total Sales Tax Report Budget to Actual Comparison June 8, 2023 2022 -23 2022 -23 Actual Collections Budget Projections Over (Under) Projection mount Percent Amount Percent Amount Percent Jul $ 3,859,605 8.8% $ 3,671,244 8.4% $ 188,561 5.1% Aug 3,888,306 8.9% 3,672,395 8.4% 215,910 5.9% Sep 3,743,687 8.5% 3,600,949 8.2% 142,738 4.0% Oct 3,767,889 8.6% 3,635,843 8.3% 132,046 3.6% Nov 3,750,140 8.5% 3,504,774 8.0% 245,366 7.0% Dec 3,854,603 8.8% 3,651,804 8.3% 202,799 5.6% Jan 4,145,010 9.4% 3,984,890 911% 160,120 4.0% Feb 4,055,635 9.2% 3,976,355 9.1% 79,281 2.0% Mar 3,334,731 7.6% 3,206,681 7.3% 128,050 4.0% Apr 3,659,838 8.3% 3,385,880 7.7% 273,958 8.1% May 4,018,971 9.2% 3,806,799 8.7% 212,172 5.6% Jun 3,797,070 8.6% 3,815,652 8.7% (18,582) -0.5% Totals $ 45,875,686 = 104.5% $ 43,913,266 100.0% 4.5% $ 1,962,420 City of Owasso Total Sales Tax Report Two Year Comparison June 8, 2023 Note: Fiscal Year 2023 Sales Tax Budget is $43.913 million; FY'22 budget was $37.490 million. 2022 -23 2021 -22 Increase or (Decrease) Percent Percent Amount of Budget Amount of Actual Amount Percent Jul $ 3,859,805 8.8% $ 3,440,377 8.0% $ 419,428 12.2% Aug 3,888,306 8.9% 3,558,829 8.3% 329,477 9.3°% Sep 3,743,687 8.5% 3,522,962 8.2% 220,725 6.3% Oct 3,767,889 8.6% 3,653,860 8.5% 114,029 3.1% Nov 3,750,140 8.5% 3,443,276 8.0% 306,864 8.9% Dec 3,854,603 8.8% 3,538,043 8.2% 316,560 8.9% Jan 4,145,010 9.4% 3,890,744 9.1% 254,266 6.5% Feb 4,055,635 9.2% 4,033,475 9.4% 22,160 0.5% Mar 3,334,731 7.6% 2,990,573 7.0% 344,158 11.5% Apr 3,659,838 8.3% 3,491,187 8.1% 168,650 4.8% May 4,018,971 9.2% 3,726,630 8.7% 292,340 7.8% Jun 3,797,070 8.6% 3,678,903 8.6% 118,167 3.2% Totals $45,875,686 104.5% $42,968,861 100.0% 6.8% $ 2,906,825 Note: Fiscal Year 2023 Sales Tax Budget is $43.913 million; FY'22 budget was $37.490 million. City of Owasso Monthly Use Tax Revenues Last Five Fiscal Years Fiscal Year 2023 Use Tax Budget is $4,600,000 2022 -2023 2021 -2022 2020 -2021 2019 -2020 2018 -2019 Jul $ 401,124 $ 326,380 $ 320,463 $ 224,427 $ 107,929 Aug 363,566 404,700 308,877 213,728 134,957 Sep 425,319 318,417 319,035 258,541 237,044 Oct 357,484 392,609 322,295 211,009 177,983 Nov 406,252 339,020 325,866 212,040 151,865 Dec 422,765 368,226 353,105 226,537 193,866 Jan 478,272 487,449 406,969 280,550 265,379 Feb 574,438 509,782 493,847 404,153 290,595 Mar 378,203 330,651 291,099 187,882 140,226 Apr 440,597 310,281 286,867 233,275 173,422 May 505,331 390,745 439,483 257,842 201,224 Jun 415,151 348,589 316,929 321,127 192,601 $5,168,503 $4,526,849 $4,164,835 $3,031,109 $2,267,091 Fiscal Year 2023 Use Tax Budget is $4,600,000 City of Owasso Total Use Tax Report Two Year Comparison June 8, 2023 2022 -23 2021 -22 Increase or (Decrease) Percent Percent Amount of Budget Amount of Actual Amount Percent Jul $ 401,124 8.7% $ 326,380 7.2% $ 74,744 22,9% Aug 363,566 7.9% 404,700 8.9% (41,134) - 10.2% Sep 425,319 9.2% 318,417 7.0% 106,902 33.6% Oct 357,484 7.8% 392,609 8.7% (35,125) -8.9% Nov 406,252 8.8% 339,020 7.5% 67,232 19.8% Dec 422,765 9.2% 368,226 8.1% 54,540 14.8% Jan 478,272 10.4% 467,449 10.8% (9,177) -1.9% Feb 574,436 12.5% 509,782 11.3% 64,655 12.7% Mar 378,203 8.2% 330,651 7.3% 47,552 14.4% Apr 440,597 9.6% 310,281 6.9% 130,316 42.0% May 505,331 11.0% 390,745 8.6% 114,565 29.3% Jun 415,151 9.0% 348,589 7.7% 66,562 19.1% Totals $ 5,168,503 112.4% $ 4,526,849 100.0% 14.2% $ 641,653