Broken Arrow City Council
Meeting of: 09-16-2025
Title:
title
Approval of and authorization to execute Budget Amendment Number 5 for Fiscal Year 2026
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Background:
The Municipal Budget Act adopted by the City Council allows the City or 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 5 is to provide funding for purchase orders issued or contracts executed during the previous fiscal year that continue into Fiscal Year 2026. The City’s practice is to liquidate encumbrances at the end of the previous fiscal year and re-encumber in the current fiscal year. Funds are available in each respective Fund Balance because of the liquidated encumbrances.
Cost: $22,258,321
Funding Source: Fiscal Year 2025 liquidated encumbrances
Requested By: Cynthia Arnold, Finance Director
Approved By: City Manager’s Office
Attachments: Budget Amendment #5 for Fiscal Year 2026 for Funds 110, 226, 227, 330, 332, 333, 336, 343, 344, 345, 348, 592, and 593.
Recommendation:
recommend
Approval of and authorization to execute Budget Amendment Number 5 for Fiscal Year 2026.
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