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Oklahoma County treasurer requests $10 million in temporary transfers to general fund; board approves
Summary
The excise board approved temporary transfers of cash from several county funds to the general fund to cover payroll and weekly checks, citing statutory authority; transfers are typically repaid mid‑January and three transfers are contingent on county commissioners' approval.
At its Oct. 23 special meeting the Oklahoma County Excise Board approved temporary transfers totaling $10,000,000 to the county general fund to cover payroll and weekly checks, county staff said.
County staff and the treasurer’s office presented a list of transfers requested by Forrest “Butch” Freeman, Oklahoma County treasurer. The transfers are cash‑flow moves only and, according to staff, do not affect encumbrances. The approved transfers move funds from multiple treasurer accounts into the general fund: $1,500,000 from the treasurer’s resale fund;…
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