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HomeMy WebLinkAbout2026 01_OPGA Budget Adoption FY 2026-2027Tulsa County Clerk- MICHAEL WILLIS Doc #: 2026057595 Page(s): 1 3 :•`,' ,. 06/24/2026 08:52:23 AM r Receipt#:2026-40490 °kla HOMP Fees: $18.00 OWASSO PUBLIC GOLF AUTHORITY OWASSO, OKLAHOMA RESOLUTION 2026-01 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2026-2027 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, 2027 (FY 2026-2027); 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: The Owasso Public Golf Authority does hereby adopt the FY 2026-2027 Budget with total resources available in the amount of $2,421,685 and total expenditure appropriations in the amount of $2,634,944 as follows: Golf Shop $ 402,018 Golf Cart Operations 284,290 Golf Course Maintenance 1,382,455 Food & Beverage 211,072 General & Administrative 355,109 Total Expenditures $ 2,634,944 The effective date of this Resolution shall be July 1, 2026. ATTEST: n M. Stevens; Authority Clerk APPOYED AS TO F Juli ombar I, Authority Attorney `o. \\G "C o; seale=.s 016 % •••..�klaho�•% ''o."'r1041111 fl60 `0 `,� 16'h day of June 2026. TO: The Honorable Chair and Trustees, Owasso Public Golf Authority FROM: Carly Novozinsky, Finance Director SUBJECT: Resolution 2026-01, FY 2026-2027 Annual Operating Budget DATE: June 11, 2026 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/Trustee review on May 5, 2026. The proposed budget was discussed during the May and June work sessions. Printed copies of the proposed budget have been available for public viewing at City Hall and on the City's website. Resolution 2026-01 provides for the adoption of a fiscal year budget for the Owasso Public Golf Authority, PUBLIC HEARING: On May 21, 2026, and May 28, 2026, legal notices of a public hearing were published in the Tulsa Beacon. The public hearing was conducted on June 2, 2026 and provided opportunity for citizen comment and questions related to the proposed budget. There were no citizen comments provided. RECOMMENDATION: Staff recommends approval of Resolution 2026-01, adopting a Fiscal Year 2026-2027 Budget for the Owasso Public Golf Authority. ATTACHMENT: OPGA Resolution 2026-01