Broken Arrow Municipal Authority
Meeting of: 08/06/2019
Title:
title
Approval of and authorization to execute Budget Amendment Number 9 for Fiscal Year 2019
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Background:
The Municipal Budget Act adopted by the City Council allows the City and 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 9 will be the final budget amendment for the year and provides for final funding of expenditures for budgetary compliance. Funds are available from the appropriation of revenues that exceed the original budget.
Cost: $710,500.00
Funding Source: Unappropriated Revenues
Requested By: Cynthia Arnold, Finance Director
Approved By: City Manager’s Office
Attachments: Budget Amendment Number 9
Recommendation:
recommend
Approve and authorize execution of Budget Amendment Number 9 for Fiscal Year 2019.
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