LEGISLATIVE RESEARCH CENTER
File #: 19-566    Name:
Type: General Business Status: Agenda Ready
File created: 5/7/2019 In control: Broken Arrow City Council
On agenda: 5/9/2019 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 2019-2020 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
Attachments: 1. 5-9-19 Budget Message.pdf, 2. 5-9-19 Proposed Fiscal Year 2020 Annual Budget - Fiscal Year 2021 Financial Plan.pdf
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Broken Arrow City Council
Broken Arrow Municipal Authority
Broken Arrow Economic Development Authority

Special Joint Meeting of: 05/09/2019

 

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 2019-2020 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 2019-20 Budget and Fiscal Year 2020-21 Financial Plan began in October 2018, and is the product of the input by each Department Director and their staff, along with coordination of the Human Resources Department, compilation by the Finance Department and production by the City Clerk’s office.

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 3, 2019 with adoption of the budget at the second meeting in June 2019.

 

Cost:                                                                $307,646,172 in budgeted expenditures and expenses

Funding Source:                     As budgeted

Requested By:                      Cynthia Arnold, Finance Director

Approved By:                      Michael L. Spurgeon, City Manager

Attachments:                                          Budget Message
                                    Proposed Fiscal Year 2020 Annual Budget - Fiscal Year 2021 Financial Plan

 

Recommendation:

recommend

To place the Fiscal Year 2019-20 budget on the June 3, 2019 City Council meeting for public hearing.

end