HomeMy WebLinkAbout1994.04.11_Sales Tax Watchdog Committee AgendaNOTICE OF PUBLIC MEETING OF THE
OWASSO SALES TAX WATCHDOG COMMITTEE
TYPE OF MEETING:
DATE:
TIME:
PLACE:
Regular
April 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 10:00 a.m. on Thursday, April 7, 1994.
MarciakBoutwell, Committee Secretary
AGENDA
1. Call to Order ..... ............................... Mr Philippi
2. Roll Call
3. Request Approval of Minutes of January 10, 1994 Regular Meeting ... Mr Philippi
4. Presentation and Discussion of Financial Reports ............... Ms Bishop
c:
Owasso Sales Tax Watchdog Committee
40 April 11, 1994
Page 2
5. General Discussion of Projects & Progress Report ................. Mr Ray
6. Consideration & Approval of Quarterly Report for Public Distribution . Mr Philippi
7. Unfinished Business . ............................... Mr Philippi
8. New Business ..... ............................... Mr Philippi
9. Adjournment ..... ............................... Mr Philippi
101
City of Owasso
1988 Revenue Bonds
Project Status Summary Report
For the Quarter Ended March 31, 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
2,151
35,622
0
114,378
23.7%
35%
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
$2,151
$4,662,359
$0
$140,194
96.5%
City of Owasso
Sales Tax Extension
Capital Improvement Fund Projects
Project Status Summary Report
For the Quarter Ended March 31, 1994
Expended
Percent
this
Expended
Remaining
of Budget
Percent
Budget
Quarter
to Date
Encumbrances
Budget
Expended
Complete
Central Fire Station
$530,000 *
$222,407
$423,370
$117,480
($10,850)
79.9%
99%
Sports Park (FY 1994)
132,000
38,646
71,609
45,000
15,391
54.2%
85%
City Hall Renovation
90,000
0
0
��— `0
90,000
0.0%
0%
Tanker Truck
65,000
0
64,375
0
625
99.0%
100%
Total
$817,000
$261,053
$559,354
$162,480
$95,166
68.5%
*Note - An additional $25,700 has been appropriated from other revenue sources. Total budget for the central fire station project is $555,700.