The City of Oklahoma City adopts a budget each fiscal year, which runs July 1 to June 30.
The budget process begins with an Oklahoma City Council budget workshop in February, continuing with a series of Finance Committee meetings in the spring and culminating in June when the Council adopts the budget.
The City Council budget workshop on Feb. 6, 2018, featured a Five-Year Forecast that included presentations from the Finance Department and by Russell Evans, Executive Director of the Steven C. Agee Economic Research and Policy Institute at Oklahoma City University. The Council uses the forecast to help evaluate the economy and OKC's financial position and operational expenses.
Budget Books show the City of OKC's budget for a fiscal year.
Interim 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.
Sales and Use Tax Reports
Sales tax is the primary source of revenue for the City of OKC's General Fund, which pays for the City's day-to-day operations. Use tax is also an important source of revenue. See our Taxes page for more information. The reports are prepared monthly.
Hotel Tax is paid on a per-night basis for hotel stays within the City of OKC. It helps pay for infrastructure and other efforts to support OKC as a tourism and convention destination that brings more money into the local economy. The reports are prepared quarterly.
Five Year Capital Improvement Plan
Capital improvement plans line out how the City of OKC will support infrastructure improvements.