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Consultant urges Edmond to consolidate 58 funds to simplify budget and reporting
Summary
Frank Crawford of Crawford & Associates told the council the city’s accounting structure has grown complex (about 58 funds) and recommended shrinking and simplifying fund pockets and indirect-cost allocations to improve transparency; implementation is targeted for FY27–28 with some elements possible sooner.
Frank Crawford, president of Crawford & Associates, told the Edmond City Council on March 30 that the city’s accounting and budgeting structure has become overly complex and recommended a two-part project: (1) review and shrink the fund structure (the ‘‘pockets’’) and (2) simplify the accounting and reporting within remaining funds.
Crawford said the city currently has about 58 funds spread across the city, the Edmond Public Works Authority and the Edmond Economic Development Authority, and that many funds…
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