Broken Arrow City Council
Meeting of: 05-06-2025
Title:
title
Approval of and authorization to execute Budget Amendment Number 24 for Fiscal Year 2025
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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 circumstances warrant the action.
Budget Amendment Number 24 appropriates a portion of the fund balance of the General Fund to fund an operating transfer out to BAEDA.
Cost: $5,000,000.00
Funding Source: General Fund’s fund balance
Requested By: Cynthia Arnold, Finance Director
Approved By: City Manager’s Office
Attachments: Budget Amendment #24 for Fiscal Year 2025
Recommendation:
recommend
Approval of and authorization to execute Budget Amendment Number 24 for Fiscal Year 2025.
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