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HomeMy WebLinkAbout2023 01_OPGA Adoption of FY 2023-2024 Annual BudgetOWASSO PUBLIC GOLF AUTHORITY CITY OF OWASSO, OKLAHOMA RESOLUTION 2023 -01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2023 -2024 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, 2024 (FY 2023 - 2024); 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 2023 -2024 Budget with total resources available in the amount of $2,041,081 and total expenditures appropriations in the amount of $2,250,996 as follows: SECTION TWO (2): M. Stevens, Golf Shop 336,398 Golf Cart Operations Tulsa County Clerk - MICHAEL WILLIS Golf Course Maintenance Doc #: 2023051354 Page(s): 1 Food & Beverage 06/27/2023 02:22:55 PM ' a'k �k�AHOMr' Receipt #: 2023 -33985 Total Expenditures Fees: $18.00 OWASSO PUBLIC GOLF AUTHORITY CITY OF OWASSO, OKLAHOMA RESOLUTION 2023 -01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2023 -2024 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, 2024 (FY 2023 - 2024); 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 2023 -2024 Budget with total resources available in the amount of $2,041,081 and total expenditures appropriations in the amount of $2,250,996 as follows: SECTION TWO (2): M. Stevens, Golf Shop 336,398 Golf Cart Operations 183,370 Golf Course Maintenance 1,217,417 Food & Beverage 181,421 General & Administrative 332,390 Total Expenditures 2,250,996 The effective date of this Resolution shall be July 1, 2023. PASSED AND APPROVED this 201h day of June 2023. :mo5 tOt ... i Kelly rr 1CA� ;1 s o 5 t e tJ� = J Seal as B`ss ",fill I A 19 9 Ear' >s` ®Aa APPRO AS TO FORM: Jull6mbordi, Authority Attorney �a4L.sd TO: FROM: SUBJECT: DATE: APPROVED BY TRUSTEES JUN 2 0 2023 The Honorable Chair and Trustees Owasso Public Golf Authority Carly Novozinsky, Finance Director Resolution 2023 -01 FY 2023 -2024 Annual Owasso Public Golf Authority (OPGA) Operating Budget June 15, 2023 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 9, 2023. 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, on the City's website and at the Owasso Public Library. Resolution 2023 -01 provides for the adoption of a fiscal year budget for the Owasso Public Golf Authority. PUBLIC HEARING: On May 24, 2023, 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. No public comments were received. RECOMMENDATION: Staff recommends approval of Resolution 2023 -01, adopting a Fiscal Year 2023 -2024 Budget for the OPGA Fund. ATTACHMENT: OPGA Resolution 2023 -01