Broken Arrow City Council
Meeting of: 09/03/2024
Title:
title
Acknowledgement of the submittal of the Financial Statements for General Fund, Broken Arrow Municipal Authority, Police Sales Tax Fund, Fire Sales Tax Fund, and Visit Broken Arrow for June 2024 and July 2024
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Background:
The Finance Department will be publishing the monthly financial each month for the following funds: General, BAMA, Police Sales Tax Fund, Fire Sales Tax Fund and Visit Broken Arrow.
Attached are the financial statements for the period of June 2024 and July 2024, the net income from the following funds is as follows: BAMA for June 2024 staff was not able to capture because I had already reclassed capital expenditures for the audit.
June 30, 2024.
Fund Year to Date Month to Date
General Fund $4,200,335 $(1,834,651)
BAMA N/A N/A
Police Sales Tax $3,822,692 $(809,159)
Fire Sales Tax $2,285,405 $(616,746)
Visit BA $ 140,863 $ (26,913)
July 30, 2024
Fund Year to Date Month to Date
General Fund $2,490,274 $2,490,274
BAMA $2,193,617 $2,193,617
Police Sales Tax $1,460,117 $1,460,117
Fire Sales Tax $1,470,083 $1,470,083
Visit BA $ 49,420 $ 49,420
For more information go to Brokenarrowok.opengov.com
Cost: $0
Funding Source: N/A
Requested By: Cynthia S. Arnold, Finance Director
Approved By: City Manager’s Office
Attachments: May Financials
Recommendation:
recommend
Acknowledgement of submittal of the Financial Statements for General Fund, Broken Arrow Municipal Authority, Police Sales Tax Fund, Fire Sales Tax Fund, and Visit Broken Arrow for the months of June 2024 and July of 2024
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