[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6457693,"mediaKeyId","5839858-38e9d374762682a2d5b7e5bc9c41a840","parentId",5839858,"title","Water Utilities Trust accepts FY 2024 audit after accounting adjustments from ERP changeover","audioSeconds",255,"startMs",555000,"endMs",810000,"viewUrl","/Search/View?dp=1&key=5839858-38e9d374762682a2d5b7e5bc9c41a840&start=555&end=810","thumbnailUrl","https://assets.pipeline.soar.com/5839858-38e9d374762682a2d5b7e5bc9c41a840/thumbnail_555000.jpg","articleUrl","/articles/6457693/Oklahoma/Water-Utilities-Trust-accepts-FY-2024-audit-after-accounting-adjustments-from-ERP-changeover","mediaUrl","https://secure.pipeline.soar.com/6457693-477c11e80bd3ab3aa32afe6c6fb61c26/orig.mp4?Expires=1775176513&Signature=OnVZ-3-ydPFX4TEozO71VUB7MW8TfK8ltXgxw5w9jM-7hEuRZQcTQC~qDHE-JOWme2oHvkKEI81phSZG~OyTxPrdCfwSRquOOmyC4juWrlkJw5jf6h-RIdqv27ow0bXoSQ1WnkaGxof-2lhJELTETcKY-iNkWyg2Q8fGoVUulgnV--2tJzWQfFrtu5~BUy94tZghY1v~GIeslQ353h5s83prxsJG1lzQR4SyemlgIA60laoHh-x6p3i2vuPc1rCndHItITiQM7Ojxc-Mt6Vx8MSlkNCi9EK8vRADRwcMtTgKGQro36xAKsZ19Vn1~f-n5~J~I4iz-JlPsJRTqbNmtw__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Oklahoma","date","2025-09-23T00:00:00Z","article","The Oklahoma City Water Utilities Trust on Sept. 23 accepted the FY 2024 annual financial report after auditors issued an unqualified opinion following accounting adjustments tied to the utility’s recent ERP implementation.

Alex, controller finance for the City of Oklahoma City, told trustees that the auditors \"issued the opinion\" and that \"the financial statements referred to above present fairly in all material respects the respective financial position.\" He said the auditors also issued \"an overarching finding for the city and some of the various trusts\" related to timing differences that required adjustments moving certain transactions from FY 2025 back into FY 2024.

The finding reflected transactions for services rendered in FY 2024 that were recorded in FY 2025 because of the city's transition to a new Oracle system. Alex said those items \"needed to be journalized with an accounting entry back to '24,\" and that after the adjustments the FY 2024 financial statements were materially correct. Vanessa Aguilar of the utilities department provided a numeric summary, saying the trust’s overall net position increased by approximately $125,000,000 for FY 2024, operating revenues were approximately $451,900,000, operating and nonoperating expenses were about $330,800,000, and capital contributions totaled about $4.5 million.

Trustees discussed the finding on the record and were told the issue resulted from timing and reporting gaps created by the ERP changeover rather than missing revenues or suspected manipulation. Alex said extracting legacy reporting from the old system and rebuilding reports contributed to the timing errors and that staff had made the needed adjustments.

Trustees voted to accept the annual financial report. Several trustees and staff thanked the finance and utilities teams for their work during the system transition.

Votes at the meeting recorded the acceptance of the FY 2024 annual financial report as approved by the trustees.","mediaType","Video","parentTitle","Oklahoma City Water Utilities Trust - 9-23-2025","oneSentenceSummary","Trustees accepted the FY 2024 annual financial report after auditors issued an unqualified opinion following accounting adjustments tied to a recent Oracle ERP implementation; trustees praised staff for managing the transition.","taxTitle","Other Public Meetings, Oklahoma City, Oklahoma County, Oklahoma","taxId",69689,"location","Oklahoma","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6457683,"Votes at a glance: Oklahoma City Water Utilities Trust actions on Sept. 23, 2025",69,294000,363000,"/Search/View?dp=1&key=5839858-38e9d374762682a2d5b7e5bc9c41a840&start=294&end=363","https://assets.pipeline.soar.com/5839858-38e9d374762682a2d5b7e5bc9c41a840/thumbnail_294000.jpg","/articles/6457683/Oklahoma/Votes-at-a-glance-Oklahoma-City-Water-Utilities-Trust-actions-on-Sept-23-2025","https://secure.pipeline.soar.com/6457683-bd0b6cada8cda9ac08b304c416c94b51/orig.mp4?Expires=1775176513&Signature=XXJteWq3L1cjK54NpADf0XVmV6XcxyqGUhoUKuT931VVs~Fwg7GJmV7tYA50Pcdi6W4wadYtqlWS-M~CF1Y1xlEGNcRZoXbs5stqn649N~oOI4snfW01ncQNTJHi8nrDHlAm547J8-P6lHCcJJ2Dzu09yUk3v59xu1kboxvac6kM-j5302eXDfKJBjJZox0Z6qiBzWSvnyNoaCAYZu7Hr0G2jZyjH-eVE2NqtblgHytKtX1AjrcGrYIWgruhRQGQmxK3VmZ4suDbs7peAF7qFfNC1XBcJMCo~W4-7kPoH3kHn1Yl1TmX~EuDmaMb6jtUPv73hvqAGFnY6tNiozBxmg__&Key-Pair-Id=KUT5TJCACFTXG","The Oklahoma City Water Utilities Trust recorded several routine approvals and one substantive procurement step during its Sept. 23 meeting.

Key votes recorded in the meeting transcript:

- Approval of minutes from the Sept. 9 meeting — motion and second were made and \"it passes unanimously.\" (Transcript: chair called for approval; no roll-call tally recorded.)

- Approval of the consent docket (16 items, including plans, amendments, change orders and pipeline licenses) — motion passed. (Transcript indicates trustees approved the consent docket with no items pulled for separate consideration.)

- Approval of the concurrence docket (five items that previously went before the McGee Creek Authority) — motion passed. (Transcript: chair called for motion; it passes.)

- Approval to advertise plans and specifications for interim surge stations at Colgate, ADA and Macomb pump stations on the Atoka pipeline (agenda item 6a) — motion passed. (See article on the Atoka pipeline surge stations for details.)

- Acceptance of the FY 2024 annual financial report (agenda item 6b) — motion passed. (See article on the FY 2024 audit for details.)

The transcript records motions and the chair stating each item \"passes\" or \"passes unanimously,\" but does not include recorded individual vote tallies or names of motioners and seconders for these items.","Trustees approved minutes, the consent docket, concurrence docket, plans to advertise interim surge stations, and accepted the FY 2024 annual financial report; transcript records motion and passage but not detailed roll-call tallies.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6457688,"Trust approves plans to advertise interim surge stations along Atoka pipeline",34,446000,480000,"/Search/View?dp=1&key=5839858-38e9d374762682a2d5b7e5bc9c41a840&start=446&end=480","https://assets.pipeline.soar.com/5839858-38e9d374762682a2d5b7e5bc9c41a840/thumbnail_446000.jpg","/articles/6457688/Oklahoma/Trust-approves-plans-to-advertise-interim-surge-stations-along-Atoka-pipeline","https://secure.pipeline.soar.com/6457688-7bf4f99c98fdf62e77cbe82af761814e/orig.mp4?Expires=1775176513&Signature=KZbcDjvzKmynemByiGaxDWoKhmyMG1yvmZwKPabpwRr8LZ0HWRuIuCW1xlZMXV4V48LP0M5fY6yj28Mk1fFFrnKu-imdkY~D~eR~DhCd1W9Z1TxqrixWqzN9cpXOrm4nqUr3HOmlMER2ybRs~ghqEmwYLAkjd4r-VI-KmmSCc0tiMbo26xpmOVKvSvyihVWcF-Z9ilK~Z8YQ3POU7Fl0CAgBdcKUpBz1IePoe-BqQ1xX-Hz2MaEu-2noPufN1~j6Y78L8uHqPYIGKtftJ7Q-cyXR84uFdlWa6erL-j3QsEnLBNi7fhBwTKXOr4P9tcn9wgVTEjdSvcbvvZ~1oQWfVg__&Key-Pair-Id=KUT5TJCACFTXG","The Oklahoma City Water Utilities Trust voted Sept. 23 to approve plans and specifications to advertise interim surge-station work at three pump stations on the Atoka pipeline: Colgate, ADA and Macomb.

Andrew (staff member) described the project as one of four facility projects associated with the Atoka pipeline, saying, \"So along the new Atoka pipeline, we have 4 facility projects that we were doing. So 3 of those are pump stations. This fourth 1 is the interim surge. So it is located at the 3 pump stations that were skipped, to help mitigate surge as those pump stations are working along the pipeline.\" He explained the new configuration replaces older silo-style surge tanks with a tank system that is \"water, air over water tank so that they run off of a compressor building.\" According to Andrew, those tanks allow stored water to flow into the pipeline during a power outage to limit surge.

Trustees asked for a brief scope and, after no further questions, voted to approve the item. Andrew noted the older silo tanks \"were replaced pre COVID with the project, to go to the similar type of system with the existing pipeline.\" No amendments or timeline details were stated in the transcript.

The vote to approve plans and specifications was passed without a recorded roll-call tally in the transcript. The project will move to advertisement for bids per the approved plans.","Trustees approved plans/specifications to advertise interim surge stations at Colgate, ADA and Macomb pump stations to mitigate pipeline surge; staff described the system change from older silo tanks to water-over-air tanks with compressors.","actionData","errors"]

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Water Utilities Trust accepts FY 2024 audit after accounting adjustments from ERP changeover

Votes at a glance: Oklahoma City Water Utilities Trust actions on Sept. 23, 2025

Trust approves plans to advertise interim surge stations along Atoka pipeline