|
Title:
|
Discussion and possible action to approve temporary transfers in the amounts of $500,000.00 from Treasurer’s Resale Fund (1130), $250,000.00 from Treasurer's Mortgage Fee Fund (1140), $250,000.00 from Treasurer's Unapportioned Fund (6810), $2M from Highway Cash Fund (1110), $1M from County Road & Bridge Fund (1111), and $2M from Capital Improvement - Regular Fund (2010), for a total of $6M to the General Fund. These are cash transfers only and will not affect encumbrances. The transfers are necessary to cover payroll and weekly meeting checks and are typically repaid mid-January of the following calendar year. The temporary transfers from Highway Cash, County Road & Bridge and Capital Improvement - Regular, are contingent on approval by the Oklahoma County Board of County Commissioners on 11/19/25. Temporary transfers are allowed by 68 O.S., Section 2021. Requested by Forrest “Butch” Freeman, Oklahoma County Treasurer.
|