Finance Committee, 1/15/26
Norman Finance Committee · January 16, 2026
The Finance Committee met Jan. 15, 2026, for a midyear budget review and monthly revenue/expenditure report. Staff reported an audited FY25 ending general fund balance of $11.6 million (about $400,000 below the adopted estimate), rising health-insurance claims creating a risk-fund deficit, and options to freeze expenditures or adjust reserves ahead of FY27 budget development.
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