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Home My WebLink About2023 12_Adoption of FY 2023-2024 Annual Budgetc0.1(TUt� Tulsa County Clerk - MICHAEL WILLIS Doc #: 2023051352 Page(s): 2 :. 06/27/2023 02:22:55 PM CITY OF OWASSO, OKLAHOMA *OKINHOMP� Receipt #:2023 -33985 RESOLUTION 2023 -12 Fees $20.00 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2023 -2024 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, 2024 (FY 2023 -2024) 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 same 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 6, 2023, 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 2023- 2024 Budget with total resources available in the amount of $112,802,198 and total fund /departmental appropriations in the amount of $115,721,367; legal appropriations are hereby established as shown on "Attachment A" for each fund and department; and, SECTION TWO (2): The June 30, 2023, 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 Sformwafer Management Fund, the Federal Grants Fund and the Capital Improvement Grants Fund be hereby re- appropriated to the same funds, accounts and for the same purposes for Fiscal Year 2023 -2024 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, 2023, and Sinking Fund Estimate of Needs for Fiscal Year Ending June 30, 2024, 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, 2023. M. Stevens, City AS TO FORM: Lombardi, City Attorney PASSED AND APPROVED this 201h day of June 2023. Kelly Lewis, 'Mayor Attachment A Resolution 2023 -12 City Resolution No. 2023 -12 ATTACHMENT "A" BUDGET SUMMARY - FISCAL YEAR 2023 -2024 Approoriation by Fund 8. Department General Fund Municipal Court $ 411,777 General Fund Managerial 1,211,104 General Fund Finance 942,367 General Fund Human Resources 627,144 General Fund General Government 682,242 General Fund Information Technology 1,324,626 General Fund Building Maintenance 639,746 General Fund Community Development 1,007,062 General Fund Police Services 8,690,191 Half Penny Sales Tax Fund Police Services 2,575,505 General Fund Police Communications 351,543 General Fund Animal Control 303,211 General Fund Fire Services 5,780,000 Half Penny Sales Tax Fund Fire Services 3,827,284 General Fund Emergency Preparedness 150,472 General Fund Engineering 1,061,253 Half Penny Sales Tax Fund Streets 3,072,650 General Fund Stormwater 717,748 General Fund Cemetery 119,842 General Fund Parks 1,461,607 General Fund Recreation & Culture 583,666 General Fund Community Center 514,629 General Fund Historical Museum 39,897 General Fund Economic Development 173,000 General Fund Strong Neighborhoods 17,221 General Fund Interfund Transfers Out 36,671,642 Ambulance Service Fund Ambulance Operations 3,041,815 Ambulance Capital Fund Ambulance Operations 158,188 E -911 Fund Police Communications 1,714,522 Cemetery Care Fund Cemetery 1,850 Emergency Siren Fund Emergency Preparedness 10,000 Juvenile Court Fund Juvenile Court 11,456 Hotel Tax Fund Economic Development 98,000 Hotel Tax Fund Strong Neighborhoods 238,074 Stormwater Management Fund Stormwater 2,827,958 Federal Grants Fund Interfund Transfers Out 3,458,450 Opioid Settlement Fund General Government 164,307 Tax Incremental Financing Fund TIF Interfund Transfer Out 509,617 Vision Tax Fund Vision Streets Projects 4,483,314 Park Development Fund Capital Projects 20,000 Capital Improvement Grants Fund Capital Projects 159,895 Capital Improvements Fund Capital Projects 16,340,000 City Garage Fund Vehicle Maintenance 897,812 Self- Insurance Fund General Government 8,528,665 Sinking Fund General Government 100,015 Total Appropriations $115,721,367 Sd TO: FROM: SUBJECT: DATE: APPROVED BY COUNCIL The Honorable Mayor and City Council Carly Novozinsky, Finance Director Resolution 2023 -12, FY 2023 -2024 Annual Operating Budget June 15, 2023 BACKGROUND: JUN 2 0 2023 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 9, 2023. The proposed budget was discussed during the May and June City Council Worksessions. Printed copies of the proposed budget have been available for public viewing at City Hall, on the City's website, and at the Owasso Public Library. Resolution 2023 -12 provides for the adoption of a fiscal year budget for the City of Owasso, Oklahoma. PUBLIC HEARING: On May 24, 2023, a legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on June 6, 2023. 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 2023 -12, adopting the Fiscal Year 2023 -2024 Budget for the General Fund and Other Funds as established by the Owasso City Council. ATTACHMENT: Resolution 2023 -12 Aw,)RASSO TER Owasso Reporter 202 E 2nd Ave (918) 272 -1155 I, Emily Marie Meffert, of lawful age, being duly sworn upon oath depose and say that I am an agent of Column Software, PBC, duly appointed and authorized agent of the Publisher of Owasso Reporter, a publication that is a "legal newspaper" as that phrase is defined for the city of Owasso, for the County of Tulsa, in the state of Oklahoma, that this affidavit is Page 1 of 2 with the full text of the sworn -to notice set forth on the pages that follow, and that the attachment hereto contains the correct copy of what was published in said legal newspaper in consecutive issues on the following dates: PUBLICATION DATES: 24 May 2023 Notice ID: bxK4y8g6QT1H9dODkmVu Publisher ID: 28887 Notice Name: FY24 Budget Publication PUBLICATION FEE: $214.56 I state under penalty of perjury under the laws of Oklahoma that the foregoing is true and correct. X19% r Agent VERIFICATION State of Florida County of Charlotte Signed or attested before me on this: 05/24/2023 YIIIII/lil7y� RACHAEL MARY SCHULTZ a�< /'% Notary Public - State of Flori a Commission # HH111171 Expires on May 27, 2025 Notary. Pu lic Notarized online using audio -video communication See Proof on Next Page FY24 I u cA et Publication Page 1 of Published in the Owasso Reporter, Owasso, Tulsa County, Oklahoma, Aay 24, 2023 Notice of Public Hearing Owasso City Council will hold a public hearing on the proposed FY 2024 budget clurinithe City Council meetin at 6:30 on June 6, 2023 in the Council Chambers at Central, 109 �. Birch. The proposed budget is available for inspection at City Hall, the Owasso Public Library and www. cityofowasso.com City of Owasso - Proposed Budget Summary Fiscal Year 2023 -2024 Revenue by Fund & Source General Fund: Taxes $ 39,929,766 Ill & Permits 288,788 Intergovernmental 1,135,981 Charges & Fees 765,658 Fines & Fod`0L]tes 274,896 Other 218,706 InteffUnd Transfers In 22,1'1 6,851 Half Penny Sales Tax Furred: 1,007,062 Taxes 5,606,839 Other 85,389 IntelfUnd Transfers In 1,134,515 An IbUlance Service Fund: 5,780,000 Charges & Fees 1,953,521 Other 9,278 Ain bUlance capital FILM& 717,748 Cil,gi ges & Fees 348,208 0 ier 4,402 E-9'l I Fund: 1,456 Charges & Fees 315,447 Other 7,032 Inlet fund Tram sf& s In 1,200,000 Cernetery Cage Fund 2,827,958 Charges & Fees l,MC Othef 97 Emergeric , Siven Fund: 2 159,895 Licenses Permits 1,434 Other 200 Juvenile Court Fund: Other 100 Hotel Tax Fund: 460,000 Taxes 610,931 Other I Ir.-),l 78 Stormwater Management Fund: Chao eyes & Fees 1,825,000 Other 33,413 Federal Grants Fund, d,'1 34,515 lntergovernrnentaV 3,458,450 Opioid Settlernent Fund: 509,617 Other 576 Tax Incremental Finandng: 100,015 Taxes 508,700 Other 917 Vision Recapture Tax Fund: Taxes 4,165,212 Other 30,647 Park DeMannent Fund: Licenses irnits & e 30'000 Other 1,949 Capital Improvement Giants Fund: lntergovernmentaV 159,895 Capital improvements Fund: Other '114, 4 73 Inlet fund Transfers In 16,552,176 Vehicle Maintenance (Fund: Charges & Fees 864,058 Self-fiISUrance Fund: Charges & Fees 8,766,800 Other 6-1,785 In leffUnd Transfem In '100,015 Sinking Fund: Taxes 'I 00,0070 Other 15 Total Revenues $ 112,802,198 Expenditure by Fund & Department General Fund: Municipal Court 5 411 1,777 Managerlail 1,211,104 Finance 942367 Human ROU eSrces 627:144 General Government 682,242 Inforrnatlon Technology 11,324,626 Building Maintenance 639,746 COITIMUnRy Development 1,007,062 Police Seovloes 8,690,191 i Cornmunications 351,54:3 Animal Control 303,211 Fire Services 5,780,000 Frnerijency Preparedness 150,472 Engineering 11,061,253 Stormwater 717,748 Cemetery 1 49,842 Flwks 1,461,607 Recreation & CUIIIJ[e 583,666 Community Center 514,629 Historical MUFeUM 39,897 Economic Development 173,000 Snong Neighborhoo,d tl7,221 Half fenny Sales Tax Fund Police S&vices 2,575,505 Fire Services 3,827,284 Streets 3,072,650 Vision Recapture Tax FLW[d 4,483,314 Ambulance Und 3,041,815 Arribylan FU ce Capital nd 158,188 E-9 I Fund 1,714,522 Cemetery Care Fund 1,850 Erner,gency Sioen FLInd 40,000 Alveriide CbUt Fund 1,456 Hotel Tax Fund: Economic Devekkipment 98,0010) Strong Neighborhood 238,074 Storryrwater Manar.ment Fund 2,827,958 Oploid Settlement Urld 164,307 P&k Development Fund 20,000 Capital irnproverneirds Giants Fund 159,895 Capital Improvements Fund 16,340,000 VeAcle Maintenance Fund 897,812 Self-111SUrance Fund: Mn kers'Comp, 580,000 Gen li li 460,000 Healthcare 7,488,665 Subtotal Expenditures 74,''98 "1,643 Interfund Tiansfegs but: General Fund Transfer to OPWA 33,437,127 General FUnd Transfer lo E-9 "d'1 Fund 1:200,000 General Fund Transfer to Half Penny. Fund - d,'1 34,515 Streets TIF Transfer to OPWA 509,617 General FUnd Ti ansfer to OPGA goo'Doo Sinkinc Fund Transfer to "dell Fund 100,015 Federal Grants Fund Transfei to OFIWA 3,458,450 Total Expenses 8 115,721,367 FY24 I Bix..Aget IPulbllication . IPage 2 of 2