Broken Arrow City Council
Meeting of: 09-02-2025
Title:
title
Approval of and authorization to execute Budget Amendment Number 3 for Fiscal Year 2026
End
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 3 accounts for the anticipated Fiscal Year 2026 receipt of Raise Grant reimbursement funds and the associated grant expenditures.
Cost: $5,019,934
Funding Source: 2018 Bond Issue Fund, Intergovernmental Revenue
Requested By: Cynthia Arnold, Finance Director
Approved By: City Manager’s Office
Attachments: Budget Amendment #3 for Fiscal Year 2026
Recommendation:
recommend
Approval of and authorization to execute Budget Amendment Number 3 for Fiscal Year 2026.
end