LEGISLATIVE RESEARCH CENTER
File #: 23-1022    Name:
Type: Consent Item Status: Agenda Ready
File created: 7/28/2023 In control: Broken Arrow City Council
On agenda: 7/31/2023 Final action:
Title: Approval of and authorization to execute Budget Amendment Number 37 for Fiscal Year 2023
Attachments: 1. 07-31-23 FY2023 BA #37 - Fund 110.pdf, 2. 07-31-23 FY2023 BA #37 - Fund 227.pdf, 3. 07-31-23 FY2023 BA #37 - Fund 337.pdf, 4. 07-31-23 FY2023 BA #37 - Fund 345.pdf, 5. 07-31-23 FY2023 BA #37 - Fund 660.pdf, 6. 07-31-23 FY2023 BA #37 - Fund 661.pdf
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Broken Arrow City Council

Meeting of: 07-31-2023

 

Title:

title

Approval of and authorization to execute Budget Amendment Number 37 for Fiscal Year 2023

End

 

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 37 will be the final budget amendment for the year and provides for final funding of expenditures for budgetary compliance. Funds are available in each respective Fund’s Fund Balance or from the appropriation of revenues that exceed the original budget.

 

Cost:                                                                $8,706,879

Funding Source:                     Fund Balance and Unappropriated Revenues

Requested By:                      Cynthia Arnold, Finance Director

Approved By:                      City Manager’s Office

Attachments:                                          Budget Amendment # 37-Funds 110, 227, 337, 345, 660 & 661

 

Recommendation:

recommend

Approve and authorize execution of Budget Amendment Number 37 for Fiscal Year 2023.

end