Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Report topic
No spam. Unsubscribe anytime.
OCCY finance report shows 33% overall utilization year-to-date; staff explain MDT payment timing and reconciliation
Summary
Commission staff reported FY2025 year-to-date spending and cash balances and explained the MDT funding process that allows some teams to receive advance calendar-year payments with end-of-year reconciliation.
The Oklahoma Commission on Children and Youth heard a finance presentation for fiscal year 2025 covering activity through Dec. 31, 2024. The presentation summarized budget categories, spending trends and cash balances and included a longer explanation of how freestanding multidisciplinary teams (MDTs) are funded and reconciled.
Mehbo Bo, the agency business manager, presented the report and described utilization across major account categories: staff reported overall utilization of about 33% of the total FY2025 budget with year-to-date spending at roughly 67% of the six-month budget allocation. In the breakdown provided to commissioners, key year-to-date utilization percentages included personal services at about 40%, travel about 44%, administrative expenses about 58%, property and equipment about 25% and grants about 12%.
Commissioners pressed staff for details on the MDT disbursement schedule. Agency staff explained that MDTs operate on a calendar-year financial schedule that differs from the state fiscal year; statute and administrative practice allow many MDTs to receive payment for the coming calendar year beginning Jan. 1. The checks are issued by the state accounting office (OMES) after contracts are in place. MDTs that receive advance funds must return any unspent amounts at year-end; the agency reconciles those returns and reassigns funds according to the established formula. Staff said the accommodation exists because many MDTs do not have fiscal agencies that can float large upfront expenses and therefore need up-front funding to operate training, equipment purchases and year-long activities.
Staff noted the agency's cash balances and ongoing work on budget requests for FY2026, including a state-appropriation request submitted during recent budget sessions. The business manager also reported a recent hire for the finance team and confirmed routine compliance and monitoring controls are in place.
Ending: Commissioners approved the finance report on a roll-call vote. Staff will continue disbursements to MDTs, reconcile year-end returns and present follow-up details at the next commission meeting.
