BROKEN ARROW, Okla. — As budget talks are in the works in Broken Arrow, a budget of $305,475,075 for the 2022 fiscal year has been proposed by City Manager Michael Spurgeon.
Spurgeon says a big result in a healthy budget was because they were conservative with their revenue projections due to the pandemic.
Revenues for sales tax exceeded expectation during the pandemic. Spurgeon says he think it’s because Broken Arrow stayed open during the pandemic which allowed people to shop and spend money, helping boost the economy.
The proposed budget also allows for a reserve fund between 16 and 20 percent, which is above the required 15 percent. The reserve funds can be used for incase of emergencies.
Spurgeon says the budget will also allow for the opportunity to improve quality of life, including street projects, an improved transportation system and more.
Last year’s budget was $293 million.
The proposed budget needs to be adopted by the city council on June 21st.
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