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Budget & Finance

Performance measure data now online

Leading for Results (LFR) performance measure data is now online for all City departments. LFR provides information to decision makers and citizens and helps City departments demonstrate to their customers the services they provide. View data

Five-Year Forecast Presented to Council

The Five-Year Forecast for 2015-2019 was presented to the City Council at a workshop on February 18, 2014.  The purpose of this document is to present a forecast on the economy, evaluate the City's financial condition and provide an operational outlook for the City. The forecast presentation to the Council can be downloaded and includes the economic forecast presentation by Dr. Russell Evans, Executive Director of the Steven C. Agee Economic Research and Policy Institute at Oklahoma City University.

Council Approves $1.028 billion FY 2014 Budget

Oklahoma City Council today approved a $1.028 billion City budget for fiscal year 2013-2014.  The General Fund budget that pays for most of the people, materials and supplies needed to keep the City running is $400.8 million of that total.   

 

The budget includes the addition of 40 new police officer positions, bringing the total number of uniform police positions to 1,116.  Eleven more positions were added in other City departments.  Total City positions will increase 1.1 percent to 4,580.  

 

The budget also includes an additional $1 million for METRO Transit bus service enhancements.  The City hired a public transit consultant to examine the system, identify ways to improve the route network and increase ridership and productivity. Their recommendations for future service improvements will be presented to City Council in the coming weeks and Council will be able to fund some of those improvements with the additional $1 million. 

 

“Adding 40 more police officers is a step in the right direction,” City Manager Jim Couch said. “I’m pleased that we found ways to bolster the City Council’s priorities regarding public safety and public transportation.”  

 

Projections for land acquisition, design and construction on the MAPS 3 projects increased the fund’s budget to $167.9 million, the largest increase of any City fund in FY 2013-2014.  This is a 56 percent increase over the previous year’s budget.

 

Public safety makes up 64.3 percent of the general fund, followed by public services at 17.4 percent, culture and recreation at 9.4 percent and general government at 8.9 percent.  

 

Sales tax is the largest single source of revenue for the City, making up 49.7 percent of operating revenue.   The budget takes effect July 1.

 

Financial Summaries

Interim financial summaries are prepared after the close of each quarter.  These are not audited financial statements, but an interim review of revenues and expenditures.

Leading for Results Performance Reports

Leading for Results integrates strategic business planning, budgeting, and performance management to focus on the results customers expect from the services provided by the City.

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