Broken Arrow City Council
Meeting of: 05/07/2024
Title:
title
Acknowledgement of submittal of the Financial Statements for General Fund, Police and Fire Funds and Visit BA for March 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 BA.
Attached are the financial statements for the period of March 2024, the net income from the following funds is as follows:
Fund Year to Date Month to Date
General Fund $5,569,902 ($370,017)
BAMA $1,143,731 ($1,894,118)
Police Sales Tax $3,812,080 ($353,025)
Fire Sales Tax $2,419,190 ($624,209)
Visit BA $ 115,640 ($23,047)
March had three payrolls which effected the monthly net income
BAMA had a large loss because of the bi-annual debt payment that was paid in March
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: March Financials
Recommendation:
recommend
Acknowledgement of submittal of the Financial Statements for General Fund, Police and Fire Funds and Visit BA for the month of March 2024
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