Broken Arrow Economic Development Authority
Meeting of: 05-06-2025
Title:
title
Approval of and authorization to execute Budget Amendment Number 25 for Fiscal Year 2025
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Background:
The Municipal Budget Act adopted by the City Council allows the City and Authorities to amend the budget at any time during the year for necessary expenditures incurred that exceed the original budget or when circumstances warrant the action.
Budget Amendment Number 25 recognizes an operating transfer in from the General Fund and then appropriates the transfer to provide planned supplemental funding for the Events Park Infrastructure project.
Cost: $5,000,000.00
Funding Source: Operating Transfer In from the General Fund
Requested By: Cynthia Arnold, Finance Director
Approved By: City Manager’s Office
Attachments: Budget Amendment #25 for Fiscal Year 2025
Recommendation:
recommend
Approval of and authorization to execute Budget Amendment Number 25 for Fiscal Year 2025.
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