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Board reviews preliminary general fund revenue projections showing modest ad valorem increase for 2025–26
Summary
County finance staff presented preliminary 2025–26 general fund revenue projections, citing an increase in ad valorem estimates and lower interest income assumptions; the board approved the projections as presented and plans a September supplement review.
County finance staff presented preliminary general fund revenue projections for fiscal year 2025–26 at a special SSI Board of Oklahoma County meeting in April 2025 and the board voted to approve the projections as presented, with the understanding the figures are preliminary and will be revisited during the September supplement process.
The presenter said the amended ad valorem revenue for 2024–25 was $94,000,043.02 and that the assessor’s office estimates ad valorem for 2025–26 at $97,000,065.06, an increase the presenter characterized as about $2,000,582.04. The staff presentation also lowered interest-income forecasts compared with 2024–25: the county interest-income projection for 2025–26 was listed as $1,000,007.50 and an ARPA-related interest figure of $750,000 was shown; the presenter said the reduction reflects caution about future federal-funds interest-rate trends.
Total fund-balance and overall projection figures were described as preliminary “pre‑September supplement” estimates. The presenter said the total fund balance figure was $17,366,005.00 and presented a preliminary total fund figure of about $138,000,002.65 for 2025–26, noting the numbers may change when the September supplement is prepared.
Why it matters: Ad valorem (property tax) estimates are a principal revenue driver for the county general fund; an increase of roughly $2 million affects department-level projections and budget planning ahead of formal adoption.
Board action and next steps - Board approval: The board moved and seconded approval of the preliminary revenue projections; outcome: approved (record: “Aye”). - Next formal revision: Staff and board members stated the figures will be revisited in the regular September supplement process before final adoption for 2025–26.
Context and caveats: The figures cited in the meeting were presented as estimates from the assessor’s office and county finance staff. The transcript contains some formatting and numeric irregularities; the article reports the clearer numeric figures as presented and notes the projections are preliminary. No public comment or external stakeholder testimony on the projections was recorded in the meeting.
Ending: The board approved the preliminary revenue numbers and expects a more formal revision in September when staff present the September supplement.
