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Owasso council approves FY25–26 carryover budget amendments across multiple funds
Summary
Council approved routine carryover budget amendments to reappropriate unspent FY24–25 funds into FY25–26 across the general fund, half‑penny sales tax fund (fire, police, streets), ambulance service, E911, emergency siren, hotel tax, stormwater, opioid settlement, fleet maintenance and self‑insurance funds.
Finance staff explained that at fiscal year end unspent appropriations are carried forward into the next fiscal year by budget amendment. The council approved staff’s recommended reappropriation of carryover budgets on Oct. 21.
Staff presented detailed amendments and figures in the memo. Among the items listed in the staff presentation were an increase in estimated revenues of $67,294.47 and an increase in appropriations for expenditures of $2,485,079.35 in the general fund. The half‑penny sales tax fund received increases in appropriations of $286,215.61 for fire and $1,904,255.94 for streets and an increase in estimated revenues of $33,220.81 and appropriations of $450,780.70 for police. Other increases listed included the ambulance service fund appropriation by $354,680.28, E911 by $167,000, the emergency siren fund by $43,609.73, the hotel tax fund by $5,000, stormwater management fund by $3,014,860.02, opioid settlement fund by $199,066, fleet maintenance by $12,174, and the self‑insurance general liability fund by $24,983.
Councilors asked clarifying questions about the worksheet columns and staff explained the carryover accounting mechanism. The council approved the carryover amendments as presented.
