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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; $113,250,000 from the treasurer’s mortgage fee fund; $114,750,000 from the treasurer’s unappropriated/unapportioned fund; $68,105,000 from the treasurer’s protest tax fund; $68,155,000 from the highway cash fund; $11,100,000 from county road and bridge; $1,000,000 from capital improvement regular fund 2010 — summarized in staff’s readout as cash sources totaling $10,000,000 moved to the general fund.
Staff told the board these transfers are temporary and typically repaid in mid‑January of the following calendar year. The transfers were presented as authorized by 68 O.S. § 2021, which allows temporary transfers for cash‑flow purposes. The transcript records the statute as “68 OS section 20 21.”
County staff also noted the transfers from the highway cash fund, county road and bridge fund, and capital improvement regular fund were contingent on approval by the Oklahoma County Board of County Commissioners on Oct. 22, 2025; staff confirmed the commissioners had approved those three transfers prior to the excise board vote. The board approved the transfers by voice vote.
The treasurer’s office and county finance staff said the transfers were necessary to cover payroll and weekly checks; the board recorded the request and approved it during the meeting. The board confirmed that the transfers are cash‑only and do not alter encumbrances or final budget appropriations. No member voted against the motion.
Board members present were Eleanor Thompson (presiding member), Brett Townes and Teresa Sellers. Forrest “Butch” Freeman was identified as the requestor on the transfer paperwork. Staff said repayment is expected mid‑January and that these moves are routine cash‑flow practice under state statute.
