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  Item #   7. A. 2.    
City Council
Meeting Date: 06/10/2019  
Submitted For: Warren Porter Submitted By: Nagesh Chopra

Information
Item
Receive Public Comment and Approval of Resolution No. _______ approving the Financial Plan of the various Edmond Funds for FY 19-20: 1) Public Works Authority Utility Funds, and 2) Other Enterprise Funds.
Background
As part of the budget process, the Financial Plan for all Edmond Public Works Authority Funds is approved through a resolution. Exhibit “A” outlines the detailed amounts for each fund.
Time Frame
Per state statute, formal adoption of the FY 19-20 Budget must be done 10 days prior to the beginning of the new fiscal year –July 1, 2019. Public must be given notice of the budget proposal and given the opportunity to provide written and oral comments.

A Public Hearing for comments and questions concerning the proposed budget was held on May 16, 2019 (Thursday).
Issue
Approval of Resolution and approving the Financial Plan of various Edmond Funds for FY 19-20: 1) Public Works Authority Utility Funds, and 2) Other Enterprise Funds.
Recommendations
Staff recommends approval.
Action Needed
Approval of Resolution and approving the Financial Plan of various Edmond Funds for FY 19-20: 1) Public Works Authority Utility Funds, and 2) Other Enterprise Funds.
Public Notification
As required by statute, notice of budget was published April 24, 2019.

Fiscal Impact
Attachments
COE EPWA FY 19-20 Budget Resolution with Exhibit A

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