HomeMy WebLinkAbout1989.10.09_Sales Tax Watchdog Committee AgendaNOTICE OF PUBLIC MEETING
The Owasso Sales Tax Watchdog Committee will meet in regular
session on Monday, October 9, 1989 at 7:00 PM in the Owasso City
Hall Conference Room located at 207 S Cedar, Owasso, OK_
Notice filed in the office of the City Clerk and posted on the City
Hall bulletin board at 10:00 AM on Thursday, October 5, 1989.
Mar 'a Boutwell, Secretary
AGENDA
1. Call to Order . . . . . . . . . . . . . . . . . . Mr Philippi
2. Roll Call
3. Request Approval of Minutes of June 12, 1989 . . Mr Philippi
4. Presentation & Discussion of Financial Reports Ms Lambert
VAMP,
5. Request Approval of Completion Report on the Fire Department
Radio System . . . . . . . . . . . . . . . . . . Mr Philippi
6. Request Approval of Completion Report on Rodeo Grounds Lighting
- - - - - - - - - - - - - - - - - - - - - - - - Mr Philippi
7. Request Approval of Completion Report on Rodeo Grounds Seating
. Mr Philippi
8. Consideration & Approval of Quarterly Report for Public
Distribution . . . . . . . . . . . . . . . . . . Mr Philippi
Sales Tax Watchdog Committee
AGENDA
October 9, 1989
Page 2
9. General Discussion of Projects & Progress Report Mr Ray
14. Adjourn
10.
Request to Establish a Calendar of Regular
as Required by Oklahoma Open Meeting Act .
Meetings
. . . Mr
for 1990
Philippi
11.
Old Business . . . . . . . . . . . . . . .
. . . Mr
Philippi
12.
New Business . . . . . . . . . . . . . . .
. . . Mr
Philippi
13.
Request for Items for Next Agenda . . . . .
. . . Mr
Philippi
14. Adjourn
60
EO
CANCELLATION OF MEETING
The July 10, 1989 regularly scheduled meeting of the Owasso Sales
Tax Watchdog Committee has been cancelled.
114-/13-1Y
Mar is Soutwell, Secretary
City of Owasso
1988 Revenue Bonds
Summary Project Status Report
For the Quarter Ended September 30, 1989
Expended
% of
Projects
Budget
this
Quarter
Expended
to Date
Remaining
Budget
Budget
Expended
%
Complete
86th Street Improvements
$2,700,000
$ 640,289
$ 773,857
$1,926,143
28.7%
65%
Residential Street Overlay
150,000
-0-
-0-
150,000
0.0
--
76th Street Improvements
150,000
-0-
-0-
150,000
0.0
--
Main Street Renovation
100,000
-0-
-0-
100,000
0.0
--
Drainage Study
15,000
5,354
8,629
6,371
57.5
50
Original Toun Drainage
500,000
5,778
7,038
492,962
1.4
4
Firefighter Radio Equipment
35,000
34,781
34,781
219
99.4
100
Animal Impound Facility
50,000
1,500
1,582
48,418
3.2
3
Recreation Center Renovation
33,000
800
1,571
31,429
4.8
3
Land for Sports Complex
270,000
1,397
1,397
268,603
5.2
--
Baseball /Soccer Complex
120,000
-0-
-0-
120,000
0.0
--
Rodeo Ground Improvements
20,000
492
11,409
8,591
57.0
100
City of Owasso
1988 Revenue Bonds
Summary Project Status Report
For the Month Ended W 31, 1989
Projects
Budget
86th Street Improvements
$2,700,000
Residential Street Overlay
150,000
76th Street Improvements
150,000
Main Street Renovation
100,000
Drainage Study
15,000
Original Town Drainage
500,000
Firefighter Radio Equipment
35,000
Animal Impound Facility
50,000
Recreation Center Renovation
33,000
Land for Sports Complex
270,000
Baseball /Soccer Complex
120,000
Rodeo Ground Improvements
20,000
Total $4,143,000
Expended
this
-Month-
(y I,1 2 (-- c f
C rK�h
$ 59 -888
-0-
-0-
-0-
535')
15�
$oOk'36
I JG-,-
-0-
980
L.I.9 Q-
$ 7 ,9b0-
Expended
to Date
Remaining
Budget
$ 133-;566
$2,566,432
-0-
150,000
-0-
150,000
-0-
100,000
`.3z
11,724
X260
498;740
5` '0
35,000
12 I 49,918
f 5 �1
32,229
l 0-
270,000
-0-
120,000
10',91'7
LI c,9
9,083
$ 4-4978'74
$3,993,126
z of
Budget
Expended
4.9%
0.0
0.0
0.0
21.8
0.3
0.0
0.2
2.3
0.0
0.0
54.6
3.6%
z
Complete
3%
50
100
1
3
100
City of Owasso
OPWA 1988 Revenue Bonds
Sales Tax Fund
For the Fiscal Year Ended June 30, 1989
Sales Tax
Required
Excess
Available
Monthly
(Deficiency)
November
$ 19,423.32
$ 24,524.00
$(5,100.68)
December
22,364.35
24,524.00
(2,159.65)
January
21,237.49
24,524.00
(3,286.51)
February
32,185.43
24,524.00
7,661.43
March
10,612.47
24,524.00
(13,911.53)
April
11,408.93
24,524.00
(13,115.07)
May
18,929.91
24,524.00
(5,594.09)
June
22,154.21
24,524.00
(2,369.79)
Total
$158,316.11
$196,192.00
$(37,875.89)