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CONSIDERATION OF ACKNOWLEDGMENT OF THE FISCAL YEAR 2016-2017 COMCD BUDGET AND DIRECTING THE INCLUSION OF THAT AMOUNT APPLICABLE IN THE PROPOSED FISCAL YEAR 2017 CITY OF NORMAN BUDGET.
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The City of Norman is a member city of the Central Oklahoma Master Conservancy District (“COMCD”). COMCD was created as an operational and governing structure for Lake Thunderbird when the lake was built in the 1960’s. Other member cities include Midwest City and Del City. The City of Norman appoints three representatives to the COMCD Board that hires and oversees the General Manager of COMCD. The current General Manager of COMCD is Mr. Randy Worden. Mr. Worden has submitted the Proposed Budget for COMCD for the fiscal year beginning July 1, 2016 and ending June 30, 2017.
The proposed budget for the coming year would remain very similar to the existing budget for the categories of: Personnel, Maintenance, Utilities, Insurance and Bonds, Administration Expense, and Water Quality Services.
Substantial changes to the budget were in the categories of Professional Services which increased by approximately $160,000 and are comprised of an increase for Department of Environmental Quality amended requirements, an addition to complete the planning for the pilot project to include Constitutes of Emerging Concern (CECs), and a decrease after completing the Total Maximum Daily Load (TMDL) modeling and engineering fees from last year.
The category for New Capital Assets was decreased by approximately $110,000 and the Capital Asset Replacement Reserve Fund of $250,000 was not funded during the budget process but will be reviewed over the next several months to establish an amount needed to reflect necessary replacements.
The net effect of these changes was an overall reduction in the budget of approximately $190,000.
The proposed Fiscal Year 2016-2017 Central Oklahoma Master Conservancy District Budget was approved by the Board on March 3, 2016.