HomeMy WebLinkAbout2025 01_OPWA Aoption of Annual Budget FY 2025-2026Tulsa County Clerk - MICHAEL WILLIS
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Receipt#:2025-37223
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wwmiav rvoLIC WORKS 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 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,
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 WORKS AUTHORITY,
THAT:
SECTION ONE (1): The Owasso Public Works Authority does hereby adopt the FY
2025-2026 Budget with total resources available in the amount of $53,092,956 and total
expenditure appropriations in the amount of $51,889,496 as follows:
Administration
1,721,728
Utility Billing
667,267
Water
5,191,515
Wastewater Treatment Plant
2,440,317
Wastewater Collections
1,343,347
Refuse
1,706,893
Recycle Center
460,538
Debt Service
11,012,650
Tax Increment Financing
807,074
Interfund Transfers Out
26,538,167
Total Expenditures
51,889,496
SECTION TWO (2): The effective date of this Resolution shall be July 1, 2025.
PASSED AND APPROVED this 171h day of June 2025.
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FROM:
SUBJECT:
The Honorable Chair and Trustees
Owasso Public Works Authority
Carly Novozinsky
Finance Director
HHHROVEU BY TRUSTEES
JUN 17 2025
Resolution 2025-01
FY 2025-2026 Annual Owasso Public Works Authority (OPWA) 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 Works
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 Works Authority.
ATTACHMENT.
OPWA Resolution 2025-01