(STILLWATER, OKLAHOMA / May 4, 2018) – The Stillwater City Council will receive the City Manager’s proposed $141.3 million budget for fiscal year 2019, which begins July 1, 2018, on Monday, May 7.
The General Fund budget, which pays for most day-to-day city services, is proposed at $36.5 million – a 7.3 percent decrease from the current fiscal year’s amended budget.
The General Fund decrease is the result of a decline in FY19 revenue other than sales and use tax and the outsourcing of several recreational operations of the City.
“As a result of declining General Fund revenues, city staff has responded with the appropriate reduction in departmental budgets,” City Manager Norman McNickle said. “To date, these budget reductions have not affected services to citizens.”
Public safety makes up 50.0 percent of the general fund budget, followed by general government at 16.0 percent, management and support at 13.4 percent, street maintenance at 10.7 percent, culture and recreation at 7.4 percent and development services at 2.5 percent.
Sales tax is the largest single source of revenue for the City, making up 82.8 percent of the City’s general fund revenue. Of the 3.5 percent sales tax collected, 1 percent is dedicated to the Stillwater Utilities Authority and 0.5 percent is dedicated to the Transportation Fund.
The budget is scheduled for adoption at the Monday City Council meeting; however, residents will have the opportunity to address the Council about the budget during the public comment portion of the meeting. The City’s new fiscal year begins July 1.
The budget process is guided by feedback received from the 2017 citizen satisfaction survey and by the priorities identified by the Council in the City’s Strategic Plan. Those priorities are:
Effective Services and Accountable Government
Place and Mobility
Quality of Life
All information related to the FY19 budget and Monday’s Council meeting can be found at http://stillwater.org/agenda/view/786.
If you are interested in addressing the Council during the public comment portion of the meeting, fill out the online request to speak form by 3 p.m. on May 7 at http://stillwater.org/page/home/government/mayor-city-council/online-request-to-speak-at-city-council.
You can also fill out a request to speak form in person before the meeting starts at the Stillwater Municipal Building at 723 S. Lewis St. The meeting begins at 5:30 p.m.
Learn more about the City's budget at http://stillwater.org/budget.
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