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HomeMy WebLinkAbout2025 01_OPGA Budget Adoption FY 2025-2026c°c Tulsa County Clerk - MICHAEL WILLIS r : � • Doc #: 2025054752 Page(s): 1 06/24/2025 11:57:19 AM Receipt*2025-37223 ok�q"oM> Fees: $18.00 vwA�-w PUBLIC GOLF AUTHORITY OWASSO, OKLAHOMA RESOLUTION 2025-01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2025-2026 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, 2026 (FY 2025-2026); 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 2025-2026 Budget with total resources available in the amount of $2,271,642 and total expenditures appropriations in the amount of $2,353,474 as follows: Golf Shop 382,303 Golf Cart Operations 213,514 Golf Course Maintenance 1,220,515 Food & Beverage 206,405 General & Administrative 330,737 Total Expenditures 2,353,474 SECTION TWO (2): The effective date of this Resolution shall be July 1, 2025. ATT Jul i M. Stevens, Authority Clerk APPRO D AS TO F Julie mbardi, Authority Attorney PASSED AND APPROVED this 17th day of June 2025. 'plic f 6juga, r ear Q u, C60, Offlcy0/% �O SL'C7I oe i �°�'�yohotoo: � Sd xFnv v..w.. wu coo,. vuv ca��xy TO: FROM: SUBJECT: The Honorable Chair and Trustees Owasso Public Golf Authority Carly Novozinsky Finance Director APPROVED BY TRUSTEES JUN 17 2025 Resolution 2025-01 FY 2025-2026 Annual Owasso Public Golf Authority (OPGA) Operating Budget DATE: June 12, 2025 BACKGROUND: 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 6, 2025. The proposed budget was discussed during the May and June City Council work sessions. 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 2025-01 provides for the adoption of a fiscal year budget for the Owasso Public Golf Authority. PUBLIC HEARING: On May 21, 2025, and May 28, 2025, legal notices of a public hearing were published in the Tulsa World, and such hearing was conducted on June 3, 2025. 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 2025-01, adopting a Fiscal Year 2025-2026 Budget for the Owasso Public Golf Authority. ATTACHMENT: OPGA Resolution 2025-01