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Durant Community Facilities Authority approves FY 2025–26 financial plan and splits reserve funds for stadium and field lighting
Summary
The Durant Community Facilities Authority approved a $3,984 FY 2025–26 financial plan, voted to allocate $402,500 each to a City of Durant sports‑lighting project and to Southeastern Oklahoma State University's stadium work, and sought accounting clarification on a $167,000 refinance entry.
The Durant Community Facilities Authority on a special call approved a $3,984 fiscal-year 2025–26 financial plan and voted to divide $805,000 held in reserve into equal shares for two projects: $402,500 for City of Durant outdoor field lighting and $402,500 for Southeastern Oklahoma State University stadium work.
The authority heard its financial summary from Anshin, the authority's finance presenter, who reported the DCFA gross revenue checking account balance at $972,004.66. "The balance is $972,004.66," Anshin said while walking trustees through account and sales-tax timing issues. The authority then approved the small operating budget for the coming year by roll-call vote.
Why it matters: the allocations send cash now to two local capital projects that the authority has supported and move the DCFA closer to winding down operations once final accounting is complete. Southeastern's request supports immediate design and…
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