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LEGISLATIVE RESEARCH CENTER
File #: 25-682    Name:
Type: General Business Status: Agenda Ready
File created: 5/9/2025 In control: Broken Arrow City Council
On agenda: 5/22/2025 Final action:
Title: Presentation, discussion, and possible direction regarding the revenues, expenditures and budgets of the City of Broken Arrow, Broken Arrow Municipal Authority, and the Broken Arrow Economic Development Authority, the proposed Fiscal Year 2026 Budgets and Financial Plans for the General Fund, Broken Arrow Municipal Authority, Broken Arrow Economic Development Authority and other funds of the City of Broken Arrow
Sponsors: Broken Arrow City Council
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broken Arrow City Council
Broken Arrow Municipal Authority
Broken Arrow Economic Development Authority

Special Joint Meeting of: 05/22/2025

 

Title:

title

Presentation, discussion, and possible direction regarding the revenues, expenditures and budgets of the City of Broken Arrow, Broken Arrow Municipal Authority, and the Broken Arrow Economic Development Authority, the proposed Fiscal Year 2026 Budgets and Financial Plans for the General Fund, Broken Arrow Municipal Authority, Broken Arrow Economic Development Authority and other funds of the City of Broken Arrow

End

 

Background:

The preparation of the proposed Fiscal Year 2026 Budget and Fiscal Year 2027 Financial Plan began in December 2024, and is the product of the input by each Department Director and their staff, compilation and production by the Finance Department.

City Manager, Michael Spurgeon, will provide an overview of the budget.  Department Directors will be available for questions and input.

A public hearing regarding the proposed budget is scheduled for the regular City Council meeting of June 2, 2025 with adoption of the budget at the second meeting in June.

 

Cost:                                                                $455,957,612 in budgeted expenditures and expenses

Funding Source:                     As budgeted

Requested By:                      Cynthia Arnold, Finance Director

Approved By:                      City Manager’s Office

Attachments:                                           Proposed Fiscal Year 2026 Annual Budget - Fiscal Year 2027 Financial Plan

 

Recommendation:

recommend

To place the Fiscal Year 2026 budget on the June 2, 2025 City Council meeting for public hearing.

end