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 2013-17 was presented to the City Council at a workshop on January 31, 2012. 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 Russell Evans, Executive Director of the Steven C. Agee Economic Research and Policy Institute at Oklahoma City University.

City Council approves $919.6 million budget

On June 14, 2011 City Council unanimously approved a $919,604,561 million city budget for the 2011-2012 fiscal year today.

The operating budget is $572,712,317 and the general fund budget is $364,010,801. The general fund budget is about six percent above last fiscal year.

The General Fund pays for most of the people, materials and supplies needed to keep the City running. The new budget restores 100 positions Citywide, which includes 51 positions in Police and Fire. Public safety makes up 64 percent of the fund.

“The 2012 budget eliminates our dependence on temporary revenue sources and restores many services reduced during the recession, but still leaves the City below 2009 staffing levels,” City Manager Jim Couch said. “While growth in sales tax revenue is better than expected, it is still only about four percent above 2009 sales tax collections.”

According to Budget Director Craig Freeman, the increase in sales tax revenue was spurred by repairs from last spring’s storms, construction activity and growth in the local economy.

Sales tax depends on spending and is the City’s largest single source of revenue. When people spend more, City sales collections grow. Oklahoma City receives 3.875 percent from each taxable sale in the City.

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.