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Votes at a glance: TAYO/TDA board approves budgets, property agreements and housing fund changes; marketing contract tabled
Summary
At its May meeting, the TAYO/TDA boards approved the 2026 annual budget, a budget amendment for relocation and furniture, multiple redevelopment and sale agreements, termination of one affordable housing award (returning $466,000 to the trust fund), a loan amendment for 403 Cheyenne, authority to buy tax-sale property up to $100,000, and a Greenwood Legacy operational allotment; a marketing contract with Golden Shovel was tabled pending receipt of the draft agreement.
The joint meeting of the Tulsa Authority for Economic Opportunity (TAYO) and Tulsa Development Authority (TDA) produced a series of formal approvals and one tabling on May agenda items. Below are each item recorded as formal board actions at the meeting with outcomes and key details drawn from the transcript.
Votes at a glance (select items taken at the meeting)
- Consent agenda: Approved (motion and roll call; no items removed). Item list and votes were taken at the beginning of the session.
- 2026 annual budget (TAYO): Approved. Lynn presented an updated fiscal projection showing an improved projected loss for fiscal year 2026 (projected loss reduced from $210,000 to $176,000) after recognizing the $2.6 million sale of 311 North Boulder and other revenue changes; trustees voted to adopt the annual operating budget.
- FY budget amendment (relocation/furniture): Approved. A housekeeping amendment moved approximately $80,000 of current appropriations to…
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