HomeMy WebLinkAbout1994.07.11_Sales Tax Watchdog Committee AgendaNOTICE OF PUBLIC MEETING OF THE
OWASSO SALES TAX WATCHDOG COMMITTEE
TYPE OF MEETING:
DATE:
TIME:
PLACE:
Regular
July 11, 1994
7:00 p.m.
Owasso Community Center
Notice and Agenda filed in the office of the City Clerk and posted on the City Hall bulletin
board at 5:00 p.m. on Thursday, July 7, 1994.
Marcia otwU,Comfnittee Secretary
AGENDA
1. Call to Order ..... ............................... Mr Philippi
E
2. Roll Call
3. Request Approval of Minutes of April 11, 1994 Regular Meeting .... Mr Philippi
4. Presentation and Discussion of Financial Reports ............... Ms Bishop
Owasso Sales Tax Watchdog Committee
July 11, 1994
Page 2
5. General Discussion of Projects & Progress Report ................. Mr Ray
6. Request Approval of Completion Report for Sports Park .......... Mr Philippi
7. Consideration & Approval of Quarterly Report for Public Distribution . Mr Philippi
8. Unfinished Business . ............................... Mr Philippi
9. New Business ..... ............................... Mr Philippi
10. Adjournment .. . .. ............................... Mr Philippi
City of Owasso
1988 Revenue Bonds
Project Status Summary Report
For the Quarter Ended June 30, 1994
Expended
Percent
Original
Amended
this
Expended
Remaining
of Budget
Percent
Revenue Bond Fund Projects
Budget
Budget
Quarter
to Date
Encumbrances
Budget
Expended
Complete
86th Street Improvements
$2,700,000
$2,753,383
$0
$2,749,519
$0
-
99.9%
100%
76th Street Improvements
150,000
150,000
263
35,885
0
114,115
23.9%
38%
Residential Street Overlay
150,000
183,406
0
157,590
0
25,816
85.9%
99%
Main Street Renovation
100,000
107,799
0
107,790
0
--
100.0%
100%
Original Town Drainage
500,000
500,000
0
492,941
0
98.6%
100%
North Drainage Study
15,000
15,000
0
14,869
0
99.1%
100%
Firefighter Radio Equipment
35,000
35,000
0
34,781
0
99.4%
100%
Animal Impound Facility
50,000
105,000
0
105,224
0
100.2%
100%
Recreation Center Renovation
33,000
33,000
0
32,980
0
99.9%
100%
Sports Park
120,000
383,117
0
383,117
0
100.0%
100%
Land for Sports & Drainage
270,000
293,792
0
293,782
0
100.0%
100%
Rodeo Ground Improvements
20,000
20,000
0
14,975
0
74.9%
100%
OPWAJGarage Facility
0
193,888
0
193,888
0
100.0%
100%
Project Management
0
60,000
0
45,281
0
--
75.5%
100%
Total
$4,143,000
$4,833,385
$263
$4,662,622
$0
$139,931
96.5%
City of Owasso
Sales Tax Extension
Capital Improvement Fund Projects
Project Status Summary Report
For the Quarter Ended June 30, 1994
Central Fire Station
Sports Park (FY 1994)
City Hall Renovation
Tanker Truck
*Note - An additional $40,000 has been appropriated from other revenue sources. Total budget for the central fire station project is $570,000.
Expended
Percent
this
Expended
Remaining
of Budget
Percent
Budget
Quarter
to Date
Encumbrances
Budget
Expended
Complete
$530,000 *
$66,547
$489,917
$40,082
$0
92.4%
99%
132,000
60,354
131,963
0
37
100.0%
100%
90,000
5,098
5,098
5,402
79,500
51%
7%
65,000
0
64,375
0
625
99.0%
100%
Total $817,000
$132,000
$691,354
$45,484
$80,162
84.6%
*Note - An additional $40,000 has been appropriated from other revenue sources. Total budget for the central fire station project is $570,000.