Broken Arrow City Council
Meeting of: 07-05-16
To: Mayor and City Council
From: Finance Department
Title:
title
Approval of and authorization to execute Budget Amendment Number 4 - Final for Fiscal Year 2016
End
Background:
The Municipal Budget Act adopted by the City Council allows the City to amend the budget at any time during the year for necessary expenditures incurred that exceed the original budget or when changing circumstances warrant the action.
Budget amendment Number 4 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.
Cost: $0
Prepared By: Thomas L. Caldwell, Finance Director
Reviewed By: Legal Department
Assistant City Manager - Administration
Approved By: Michael L. Spurgeon, City Manager
Attachments: Budget Amendment #4 - Final for Fiscal Year 2016
Recommendation:
Approve Budget Amendment Number 4 for Fiscal Year 2016 and authorize its execution.