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HomeMy WebLinkAbout2011 04_CC_Adoption of Budget_2011.06.21CITY OF OWASSO, OKLAHOMA RESOLUTION NO. 2011-04 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2011-2012 FOR THE GENERAL FUND AND OTHER FUNDS AS ESTABLISHED BY THE OWASSO CITY COUNCIL; ESTABLISHING LEVELS OF EXPENDITURES BY DEPARTMENT AND ESTABLISHING BUDGET AMENDMENT AUTHORITY AS PROVIDED BY STATUTE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS: The City of Owasso has adopted the provisions of the Oklahoma Municipal Budget Act (the Act); and WHEREAS: The City Manager has prepared a budget for the fiscal year ending June 30, 2012 (FY 2011-2012) consistent with the Act; and WHEREAS: The Act provides for the City Manager, or designee, to transfer any unexpended and unencumbered appropriation from one department to another within the same fund; and WHEREAS: The budget has been formally presented to the Owasso City Council at least 30 days prior to the start of the fiscal year in compliance with the Act; and WHEREAS: The Owasso City Council published notice of a Public Hearing, and conducted the Public Hearing on June 7, 2011, in compliance with the Act. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA: THAT: The City Council of the City of Owasso does hereby adopt the FY 2011-2012 Budget with total resources available in the amount of $44,676,519 and total fund/departmental appropriations in the amount of $44,676,519; legal appropriations are hereby established as shown on "Attachment A" for each fund and department; and THAT: The encumbrances and unexpended appropriation balances for capital projects in the Capital Improvements Fund and CDBG Fund for Fiscal Year 2010-2011 be and the same are hereby reappropriated to the same funds, accounts and for the same purposes for Fiscal Year 201 1-2012 unless the project or purpose is designated or declared closed or completed; and Attachment A Res. 2011-04 City Resolution No. 2011-04 Budget Summary - Fiscal Year 2011-2012 Appropriation by Fund & Department General Fund-- Municipal Court 216,834 Managerial 803,068 Finance 563,754 Human Resources 351,379 General Government 462,500 Information Technology 537,106 Support Services 384,883 Community Development 475,305 Police Services 4,640,816 Police Communications 804,540 Animal Control 139,732 Fire Services 3,969,137 Emergency Preparedness 139,477 Engineering 580,228 Streets 1,017,461 Stormwater 444,340 Cemetery 7,900 Parks 570,566 Community Center 169,067 Historical Museum 24,400 Economic Development 114,095 Interfund Transfers Out 17,965,700 Ambulance Service Fund-- Ambulance Operations 1,163,921 Interfund Transfers Out 226,700 Ambulance Capital Fund-- Ambulance Operations 52,800 Public Safety Capital Fund-- Police & Fire Services 483,625 E-911 Fund-- Police Communications 215,869 Cemetery Care Fund-- Cemetery 2,700 Emergency Siren Fund-- Emergency Preparedness 7,500 Juvenile Court Fund-- Juvenile Court 2,000 Hotel Tax Fund-- Economic Development 35,880 Strong Neighborhoods 94,241 Stormwater Management Fund-- Stormwater 1,098,747 Interfund Transfers Out 235,900 Capital Improvements Fund-- Streets 1,391,322 Park Development Fund-- Parks 6,000 CDBG Fund-- Parks 108,000 City Garage Fund-- Vehicle Maintenance 359,625 Workers' Comp Self-Ins Fund-- General Government 506,000 Interfund Transfers Out 86,400 Gen Liability Property Self-Ins Fund-- General Government 200,000 Healthcare Self Ins Fund-- General Government 3,898,000 Sinking Fund General Government 119,001 Total Appropriation $ 44,676,519 THAT: The effective date of this Resolution shall be July 1, 2011. APPROVED AND ADOPTED this 21s' day of June, 2011 by the City Council of the City of Owasso, Oklahoma. ..OF C' Ala,, i' 77 ~ onebrake, Mayor o orrrcrnL SEAL ATTEST: A F40 Sherry Bis p, City Cler APPROVED AS TO FORM: Klz.~ I O.Lr"W . J ie Lombardi, City Attorney OT City Wit}ro ul Limits. TO: The Honorable Mayor and City Council City of Owasso FROM: Rodney Ray City Manager SUBJECT: Resolution No. 2011-04 FY 201 1-2012 Annual Operating Budget DATE: June 17, 2011 BACKGROUND: Pursuant to statutory and Charter provisions, an annual operating budget for the General Fund, OPWA Fund, OPGA Fund and other funds has been developed and was transmitted for City Council review on Monday, May 9, 2011. The proposed budget was discussed during the May and June Council workesssions. Printed copies of the proposed budget have been available for public viewing at City Hall and the Owasso Library. In addition, the proposed budget was posted on the City's website and has been accessed approximately 300 times. On June 2, 2011, legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on June 7, 2011. The public hearing provided opportunity for citizen comment and questions relating to the proposed budget and the City Council heard from twenty-one residents. A summary of the comments and questions received during the public hearing were posted on the city's website the following day and notices of the publication were sent using various forms of social media. State statutes require adoption of an annual budget through a resolution no later than seven days prior to the beginning of the new budget year (Title 11, Section 17-209A). Resolution No. 2011-04 with "Attachment A" (budget summary) provides for the adoption of a fiscal year budget for the General Fund and other funds of the city. RECOMMENDATION: Staff recommends City Council approval of Resolution No. 201 1-04 adopting a Fiscal Year 201 1- 2012 budget for the General Fund and all other funds of the City. ATTACHMENT: Resolution No. 2011-04