County Finance Department approves $136M budget for France Total Fotech District 21

In the quiet chambers of the Oklahoma County government building, officials gathered for the Excise Regular Meeting on July 7, 2025, to discuss crucial budgetary matters that will shape the county's financial landscape for the upcoming fiscal year. The atmosphere was one of diligence as members reviewed various budget proposals, including a notable item concerning the France Total Fotech District number 21.

The meeting kicked off with the approval of a retroactive budget item, reflecting a price of $24.25. Despite the late filing by the district, officials expressed a willingness to grant them the benefit of the doubt, emphasizing the importance of collaboration and understanding in such matters. "It doesn't happen very often, but in this case, we'll move to approve the item as presented," one member stated, highlighting the cooperative spirit of the meeting.

As discussions progressed, the focus shifted to the budget for the France Total Fotech District number 21, which totaled an impressive $136,035,302 for the fiscal year 2025-2026. This budget includes significant allocations: over $75 million for the general fund, nearly $58 million for the special revenue building fund, and additional amounts for insurance losses and deferred benefits. County Clerk Greg provided insights into the budget, noting that while it appeared substantial, there were no unusual expenditures, aside from some late insurance claims due to spring storms.

A point of concern arose regarding the absence of mill levy rates in the current budget discussions. Members noted that while these rates were typically addressed alongside budget approvals, they would not be available until later in the year, around October. This delay was attributed to the need for certified property evaluations, which are essential for determining accurate levy rates. "Everything right now is just an estimate until we receive the certified amounts," Greg explained, reassuring members that this was a standard procedure.

As the meeting drew to a close, officials moved to approve the budget for the France Total Fotech District, reflecting a commitment to transparency and fiscal responsibility. The discussions underscored the importance of timely financial planning and the collaborative efforts of county officials to ensure that the needs of the community are met effectively.

With the meeting adjourned, the officials left with a sense of accomplishment, ready to tackle the challenges ahead as they prepare for the next fiscal year. The decisions made today will undoubtedly impact the county's financial health and the services provided to its residents in the months to come.