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Council hears trust-budget overviews for municipal facilities and public property authority; staff outline major cost drivers
Summary
Budget staff presented FY27 overviews for the Municipal Facilities Trust (~$178M) and the Public Property Authority (large uptick due to MAPS-funded arena work), highlighting health insurance and IT as major costs and noting a $250M MAPS transfer for preliminary arena work.
Budget office staff provided separate briefings on two city trust budgets.
Nicole Tower presented the Oklahoma City Municipal Facilities Authority (OCMFA) FY27 budget, describing total trust budget slightly above $178 million, a 21% increase from the prior year. Tower said health-insurance-related payments represented the largest share (roughly $93'$95 million, about half the trust) while information technology, property and liability insurance and workers' compensation were other significant functions. On the revenue side, staff noted large health-insurance contributions from the city and employees and transfers from internal service funds as primary sources; fund balance accounted for a smaller share.
Steve Akins presented the Oklahoma City Public Property Authority (OCPPA) budget, which reflects a substantial increase in expenditures driven in part by a $250 million carryover from MAPS funding transferred in 2025 for preliminary work on a new arena project. Akins described capital-outlay as the largest category, with significant allocations for golf course operations, fairgrounds and sports facilities, and outlined planned capital construction items and transfers.
Council members asked clarifying questions about budget drivers, overtime and personnel costs, and staff said they would continue to monitor fund-balance use and report back. The trust-budget presentations were informational; related motions to take OCMFA and OCPPA items together were approved by council as part of the consent processes.
