Municipal Authority

M3 A-C City of Sand Springs Agenda Form Meeting Date:____________ JUL 21 2025 Agenda:_______________ CC & MA Item:____________ Consent Yes Signature Items:__________ Janice L. Almy Presented by:____________________________ Minutes Subject:____________________ ____________________________________________________ M3 A-C Item #:_____________ Cost:_________BBBB N/A Approval Recommendation:____________________ )LQDQFH5HYLHZ: No Yes /HJDO5HYLHZ: 'HSDUWPHQW+HDG5HYLHZYes 6\QRSVLV: Approval, denial, amendment, or revision of the following minutes: June 23, 2025 regular City Council and Municipal Authority Trust meetings; June 27, 2025 special City Council and Municipal Authority Trust meetings; July 8, 2025 regular City Council (Workshop) meeting; and July 15, 2025 special City Council and Municipal Authority Trust meetings. Details: The noted minutes were prepared and reviewed by staff. $WWDFKPHQWV: Various minutes as noted.  MINUTES Sand Springs Municipal Authority June 23, 2025 – Following City Council Sand Springs Municipal Building 100 East Broadway Street – Council Chambers, First Floor Sand Springs, Oklahoma 74063 www.sandspringsok.gov MEMBERS PRESENT: Chairman Jim Spoon (2-0) Vice Chairman Cody Worrell (2-0) Trustee Erik Stuckey (2-0) Trustee Mike Burdge (2-0) Trustee Beau Wilson (1-1) Trustee Brian Jackson (2-0) ALSO PRESENT: City Manager Michael S. Carter Assistant City Manager Brad Bates City Attorney David Weatherford Secretary Janice L. Almy ABSENT: Trustee Matt Barnett (1-1) The Sand Springs Municipal Authority met in regular session on June 23, 2025, in the Council Chambers of the Sand Springs Municipal Building pursuant to the regular meeting notice and agenda filed with the City Clerk’s office and posted at 4:35 p.m. on June 19, 2025, on the display board located at the front entrance of the Sand Springs Municipal Building (City Hall), 100 East Broadway Street, Sand Springs, Oklahoma 74063. 1. Call to Order Chairman Spoon called the meeting to order at the noted time of 6:46 p.m. 2. Roll Call Chairman Spoon called for an individual roll call with members replying in the following manner: Trustee Jackson, here; Trustee Barnett, no response; Trustee Stuckey, here; Chairman Spoon, here; Vice Chairman Worrell, here; Trustee Burdge, here; Trustee Wilson, here. It was noted for the record that Trustee Barnett was absent from said meeting.  MUNICIPAL AUTHORITY MINUTES June 23, 2025 PAGE 2 3. Consent Agenda (A-K) Chairman Spoon informed Trustees that all matters listed under Consent Agenda to be considered by Trustees are to be routine and will be enacted by one motion. Consent Agenda items are vetted through various committees prior to consideration by Trustees. Chairman Spoon noted that questions or clarification on the Consent Agenda items could be addressed prior to taking action. Chairman Spoon inquired if Trustees had questions, needed clarification on the Consent Agenda items, or whether any item needed to be considered separately. There being none, Chairman Spoon called for a motion regarding Consent Agenda Items No. 3A-3K. A motion was made by Trustee Burdge and seconded by Vice Chairman Worrell to approve Consent Agenda Items No. 3A-3K. A) The minutes of May 19, 2025 regular Sand Springs Municipal Trust Authority meeting. B) The minutes of the June 17, 2025 special City Council/Sand Springs Municipal Trust Authority meeting. C) The Municipal Property Protection Plan Renewal for Fiscal Year 2026 with Oklahoma Municipal Assurance Group. D) The Municipal Liability Protection Plan Renewal for Fiscal Year 2026 with Oklahoma Municipal Assurance Group. E) The Skiatook Raw Water Conveyance System (SRWCS) Municipal Property Protection Plan Renewal for Fiscal Year 2026 with Oklahoma Municipal Assurance Group. F) The Workers’ Compensation Plan Renewal for Fiscal Year 2026 with Oklahoma Municipal Assurance Group. G) Resolution No. M25-07, a resolution of the Trustees of the Sand Springs Municipal Authority, State of Oklahoma, adopting the update of the Sand Springs – Pogue Airport Policy Document, Airport Development Standards. H) A Specialized Aviation Service Operation (SASO) License Agreement with Tulsa Flight Training, LLC.  MUNICIPAL AUTHORITY MINUTES June 23, 2025 PAGE 3 I) A contract with Superion LLC., for the Fiscal Year 2026 annual service and use of the CentralSquare software package, and approval of the payment of $182,194.37. J) The fiscal Year 2025 Year End Budget Adjustments in the Municipal Authority Water Utility, Wastewater Utility, Airport, and Golf Course funds. K) An Agreement for the Provision of Services with the Metropolitan Environmental Trust (M.e.t.). Chairman Spoon called for the vote recorded as follows: Trustee Wilson, yes; Trustee Burdge, yes; Vice Chairman Worrell, yes; Chairman Spoon, yes; Trustee Stuckey, yes; Trustee Jackson, yes. The motion carried 6-0-0. 4. Amended Resolution No. M25-06 Fiscal Year 2026 Budget Adoption Finance Director Arlena Barnes requested Trustees’ approval of Amended Resolution No. M25-06, a resolution approving the Sand Springs Municipal Authority Amended Budget for the Fiscal Year 2026 and establishing Budget Amendment Authority. A motion was made by Trustee Stuckey and seconded by Trustee Jackson that Amended Resolution No. M25-06, a resolution approving the Sand Springs Municipal Authority Amended Budget for the Fiscal Year 2026 and establishing Budget Amendment Authority, as presented, be approved. Chairman Spoon called for the vote recorded as follows: Trustee Jackson, yes; Trustee Stuckey, yes; Chairman Spoon, yes; Vice Chairman Worrell, yes; Trustee Burdge, yes; Trustee Wilson, yes. The motion passed 6-0-0. . 5. Municipal Authority Trust Appointments Airport Advisory Board Chairman Spoon noted the request for 1) reappointment of Lea Anderson Judge and 2) Rick Westcott, both for three-year terms to July 2028 on the Airport Advisory Board. A motion was made by Chairman Spoon and seconded by Trustee Jackson that that the reappointment of Lea Anderson Judge and Rick Westcott for three-year  MUNICIPAL AUTHORITY MINUTES June 23, 2025 PAGE 4 terms to July 2028 on the Airport Advisory Board, as presented, be approved. Chairman Spoon called for the vote recorded as follows: Trustee Wilson, yes; Trustee Burdge, yes; Vice Chairman Worrell, yes; Chairman Spoon, yes; Trustee Stuckey, yes; Trustee Jackson, yes. The motion passed 6-0-0. 6. Financial Report The regular monthly Financial Report and Sales Tax and Use Tax updates were provided to Trustees for their review and information. This item was for informational purposes only. 7. Correspondence (A) The following correspondence was provided to Trustees for their review and information. A) Regular monthly bills. This item was for informational purposes only. 8. Adjournment The meeting adjourned at the noted time of 6:48 p.m. _______________________________ Janice L. Almy, Secretary  SPECIAL MEETING MINUTES Sand Springs City Council and Sand Springs Municipal Authority Trust June 27, 2025 – 11:30 a.m. Sand Springs Municipal Building 100 East Broadway – Council Chambers, First Floor Sand Springs, Oklahoma 74063 www.sandspringsok.gov MEMBERS PRESENT: Mayor/Chairman James O. Spoon Vice Mayor/Vice Chairman Cody Worrell Councilor/Trustee Matt Barnett Councilor/Trustee Erik Stuckey Councilor/Trustee Brian Jackson ALSO PRESENT: City Manager Michael S. Carter City Clerk Janice L. Almy ABSENT: Councilor/Trustee Mike Burdge Councilor/Trustee Beau Wilson The Sand Springs City Council/Sand Springs Municipal Authority Trust met in special session on June 27, 2025, in the Council Chambers of the Sand Springs Municipal Building pursuant to the regular meeting notice and agenda filed with the City Clerk’s office and posted at 9:50 a.m. on June 25, 2025, on the display board located at the front entrance of the Sand Springs Municipal Building (City Hall), 100 East Broadway Street, Sand Springs, Oklahoma 74063. 1. Call to Order Mayor/Chairman Spoon called the meeting to order at the noted time of 11:30 a.m. 2. Roll Call Mayor/Chairman Spoon called for an individual roll call with members replying in the following manner: Councilor/Trustee Jackson, here; Councilor/Trustee Barnett, here; Councilor/Trustee Stuckey, here; Mayor/Chairman Spoon, here; Vice Mayor/Vice Chairman Worrell, here; Councilor/Trustee Burdge, no response; Councilor/Trustee Wilson, no response.  CITY COUNCIL MINUTES JUNE 27, 2025 PAGE 2 It was noted for the record that Councilor/Trustee Burdge and Councilor/Trustee Wilson were absent from said special meeting. 3. Fiscal Year 2025 Arledge & Associates Audit Services Contract Finance Director Arlena Barnes requested Councilors’/Trustees’ approval, denial, amendment, or revision of and authorization for the Mayor/Chairman to sign, an engagement letter to enter into an Agreement with Arledge & Associates, P.C., to provide audit services to the City of Sand Springs/Sand Springs Municipal Authority for the upcoming FY25 audit. A motion was made by Councilor/Trustee Jackson and seconded by Vice Mayor/Vice Chairman Worrell that authorization for the Mayor/Chairman to sign, an engagement letter to enter into an Agreement with Arledge & Associates, P.C., to provide audit services to the City of Sand Springs/Sand Springs Municipal Authority for the upcoming FY25 audit, a presented, be approved. Mayor/Chairman Spoon called for the vote recorded as follows: Vice Mayor/Vice Chairman Worrell, yes; Mayor/Chairman Spoon, yes; Councilor/Trustee Stuckey, yes; Councilor/Trustee Barnett, yes; Councilor/Trustee Jackson, yes. The motion carried 5-0-0. 4. Fiscal Year 2025 Crawford & Associates Accounting and Consulting Services Finance Director Arlena Barnes requested Councilors’/Trustees’ approval, denial, amendment, or revision of, and authorization for the Mayor/Chairman to sign, an engagement letter to enter into an agreement with Crawford & Associates, P.C., to provide accounting and consulting services to the City of Sand Springs/Sand Springs Municipal Authority related to the upcoming FY25 audit. A motion was made by Councilor/Trustee Stuckey and seconded by Councilor/Trustee Barnett that the authorization for the Mayor/Chairman to sign an engagement letter to enter into an agreement with Crawford & Associates, P.C., to provide accounting and consulting services to the City of Sand Springs/Sand Springs Municipal Authority related to the upcoming FY25 audit, as presented, be approved. Mayor/Chairman Spoon called for the vote recorded as follows: Councilor/Trustee Jackson, yes; Councilor/Trustee Barnett, yes; Councilor/Trustee Stuckey, yes; Mayor/Chairman Spoon, yes; Vice Mayor/Vice Chairman Worrell, yes.  CITY COUNCIL MINUTES JUNE 27, 2025 PAGE 3 The motion carried 5-0-0. 5. Adjournment There being no other discussion, the meeting was adjourned at the noted time of 11:31 a.m. _____________________________ Janice L. Almy, City Clerk/Secretary  SPECIAL MEETING MINUTES Sand Springs City Council and Sand Springs Municipal Authority Trust July 15, 2025 – 11:30 a.m. Sand Springs – Spring Lake Municipal Complex 13101 West 46th Street Conference and Breakroom Sand Springs, OK 74063 www.sandspringsok.gov MEMBERS PRESENT: Mayor/Chairman James O. Spoon Vice Mayor/Vice Chairman Cody Worrell Councilor/Trustee Matt Barnett Councilor/Trustee Mike Burdge Councilor/Trustee Erik Stuckey Councilor/Trustee Brian Jackson ALSO PRESENT: City Manager Michael S. Carter Assistant City Manager Brad Bates City/Authority Attorney David L. Weatherford City Clerk/Secretary Janice L. Almy ABSENT: Councilor/Trustee Beau Wilson The Sand Springs City Council/Sand Springs Municipal Authority Trust met in special session on July 15, 2025, in the Conference and Breakroom of the Sand Springs Spring Lake Municipal Complex pursuant to the special meeting notice and agenda filed with the City Clerk’s office and posted at 10:32 a.m. on July 9, 2025, on the display board located at the front entrance of the Sand Springs Municipal Building (City Hall), 100 East Broadway Street, Sand Springs, Oklahoma 74063 1. Call to Order Mayor/Chairman Spoon called the meeting to order at the noted time of 11:40 a.m. 2. Roll Call Mayor/Chairman Spoon called for an individual roll call with members replying in the following manner:  CITY COUNCIL/SAND SPRINGS MUNICIPAL AUTHORITY MINUTES July 15, 2025 PAGE 2 Mayor/Chairman Spoon, here; Vice Mayor/Vice Chairman Worrell, here; Councilor/Trustee Barnett, here; Councilor/Trustee Burdge, here; Councilor/Trustee Stuckey, here; Councilor/Trustee Wilson, no response; Councilor/Trustee Jackson, here. It was noted for the record that Councilor/Trustee Wilson was absent from said special meeting. 3. Amended Resolution No. 25-17 – Process for Selection of Mayor and Vice Mayor Mayor/Chairman Spoon provided an overview of Amended Resolution No. 25-17, Option 1 and Option 2. Assistant City Manager Brad Bates requested Council’s approval, denial, amendment, or revision of Amended Resolution No. 25-17 – Option No. 1 or Option No. 2, a resolution concerning the process for selection of Mayor and Vice Mayor for the City of Sand Springs, Oklahoma. Discussion was held to allow all Councilors/Trustees to voice their ideas and perspective on the item. Following further discussion, a motion was made by Councilor/Trustee Barnett and seconded by Vice Mayor/Vice Chairman Worrell to approve Amended Resolution No. 25-17 - Option No. 2 (speech), a resolution concerning the process for selection of Mayor and Vice Mayor for the City of Sand Springs, Oklahoma. Mayor/Chairman Spoon called for the vote recorded as follows: Mayor/Vice Chairman Worrell, yes; Councilor/Trustee Barnett, yes; Councilor/Trustee Burdge, yes; Councilor/Trustee Stuckey, yes; Councilor/Trustee Jackson, yes; Mayor/Chairman Spoon, yes. The motion carried 6-0-0. 4. Review of Anticipated Agenda Items(s) for the next meeting (A-C) The subject agenda items were for discussion purposes only by Councilors/Trustees and staff, with no action requested or taken. A) Assistant City Manager Brad Bates provided an overview of proposed Ordinance No. 1435, an ordinance regarding the application (SSZ-516) of Potenza Construction, LLC, to rezone 0.41 acres from RS-1 (Residential Single-Family Low  CITY COUNCIL/SAND SPRINGS MUNICIPAL AUTHORITY MINUTES July 15, 2025 PAGE 3 Density) to RS-3 (Residential Single-Family High Density) for property legally known as Lot 9, Block 1 Sky View Addition Resub Blk C, and commonly known as 215 West 40th Place. B) Skiatook Raw Water Conveyance System Division Administrator Frank Weigle provided an overview of the Skiatook Raw Water Conveyance System Emergency Repair Contract for FY2026. C) Staff Engineer Jeff Westfall provided an overview of the quote results for the River City Lift Station Generator project – Project No. S-2504. This item was for discussion purposes only. 5. New and Ongoing Projects and Events Discussion – Informational Only (A-N) Council/Trustees and staff discussed the following new and ongoing projects and events: A) GIS & Infrastructure Division Administrator Chad DuBois provided a brief update relating to the trail on Wekiwa Road a/k/a Apple Creek Trail project. B) Staff Engineer Cody Blair provided a brief update relating to the West 41st Street Overlay – 129th West Avenue to SH-97 project. C) Staff Engineer Cody Blair provided a brief update relating to The Trails Residential Subdivision project. D) Staff Engineer Jeff Westfall provided a brief update relating to the Highway 51 Sewer Lift Station Pump Replacement project. E) Staff Engineer Jeff Westfall provided a brief update relating to the Lincoln Avenue Sanitary Sewer Line project, which is or is near completion. F) Assistant City Manager Brad Bates provided an update regarding the Animal Welfare Facility project. G) Assistant City Manager Brad Bates provided a brief update regarding the Downtown Streetscape – Phases 2 and 3 project, which is underway, and noting a substantial completion date of later this Fall. H) Airport Manager Ken Madison provided a brief update relating to the AWOS and Beacon Rehabilitation project. I) Staff Engineer Jeff Westfall provided a brief update regarding the 113th West Avenue and 43rd Street 2-inch Water Line Replacement project.  CITY COUNCIL/SAND SPRINGS MUNICIPAL AUTHORITY MINUTES July 15, 2025 PAGE 4 J) Parks Director Joshua Quigley provided a brief update regarding the following items: 1. Sand Springs Sports Fields Grading and Resurfacing project; 2. Page Park project; 3. Dog Park project; and 4. User Agreements, including the Case Community Park boat ramp and sports fields. K) City Manager Michael S. Carter provided a brief update relating to the City’s rental properties, specifically 205 North McKinley Avenue – the Veterans Center. L) No additional updates were provided relating to the replacement of directional street signs in conjunction with the mill and overlay project. M) City Manager Michael S. Carter provided a brief update relating to ambulance operations and billing and a proposed revised agreement. N) No additional discussion was requested or discussed regarding future agenda items. This item was for informational purposes only. 6. City Manager’s and Council/Trust Members’ Report (A-J) The City Manager and Council/Trust Members provided updates regarding recent and upcoming events and projects, events of interest, and the general operations of the City, as follows: A. No additional updates were provided regarding the Sheffield Crossing development area and levee. B. No additional updates regarding the South Main development area were available. C. No additional updates regarding the Urban Renewal Plans were provided. D No additional updates relating to OmniTrax and the related Development Area were provided. E. No additional updates relating to the Debris Management Site and Disaster Response Events, including the new Arkansas River Monitoring GIS and Fisher Creek Flooding Monitor (Meadow Valley) were provided. F. City Manager Michael S. Carter provided updates on projects relating to City/Municipal Authority Facilities/Properties, including the cell tower located on the south side of the Municipal Building; possible additional downtown parking; and museum (former library) building signage.  CITY COUNCIL/SAND SPRINGS MUNICIPAL AUTHORITY MINUTES July 15, 2025 PAGE 5 G. No additional updates relating to Airport property or operations were available. H. No additional updates on project or discussion relating to City/Authority infrastructures (water, wastewater, and storm water) were available. I. No additional updates on projects related to city streets, drainage, and sidewalks were available. J. No additional upcoming Special Events, Programs, or Holidays. This item was for informational purposes only. 7. Adjournment The meeting adjourned at the noted time of 1:07 p.m. ________________________________ Janice L. Almy City Clerk/ Secretary  M3D City of Sand Springs Agenda Form Meeting Date:____________ JUL 21 2025 Agenda:_______________ CC & MA Item:____________ Consent No Signature Items:__________ Janice L. Almy Presented by:____________________________ 2026 Meeting Schedule of Subject:____________________ the Sand Springs City Council/Sand Springs Municipal Authority Trust ____________________________________________________ M3D Item #:_____________ Cost:_________BBBB N/A Approval Recommendation:____________________ )LQDQFH5HYLHZ: No Yes /HJDO5HYLHZ: 'HSDUWPHQW+HDG5HYLHZYes 6\QRSVLV: Approval, denial, amendment, or revision of the proposed 2026 Annual Meeting Schedule of the the Sand Springs City Council and the Sand Springs Municipal Authority Trust. Details: The annual meeting schedule of the Sand Springs City Council/Municipal Authority Trust must be approved on or before December 15 of the year prior to the year of the meeting schedule. Historically, Council/Authority has considered/approved the next year Annual Meeting Schedules in August or September to allow other city boards and committees to consider/approved their Annual Meeting Schedules by December 15. The proposed 2026 Annual Meeting Schedule for Sand Springs City Council/Sand Springs Municipal Authority Trust are setup in the same manner as the 2025 schedules with regular monthly meetings on the fourth Monday of each month unless there is a holiday effecting the preparation of the agenda and/or holding of the meeting, with an extra meeting in May for the annual Seating of Council; and four (4) quarterly daytime workshops. $WWDFKPHQWV: Proposed 2026 Sand Springs City Council/Sand Springs Municipal Authority Trust Annual Meeting Schedules  SAND SPRINGS MUNICIPAL AUTHORITY 2026 CALENDAR YEAR SCHEDULE OF REGULAR MEETINGS DATE TIME PLACE OF MEETING (NOTE: For all regular 6:00 p.m. council meetings, pursuant to 25 O.S. 304(2), members of the council may be present beginning at 5:15 for an informal gathering; no business of the City will be discussed or acted on by a quorum prior to the stated meeting time.) January 26, 2026 6:00 p.m. Sand Springs Municipal Building 100 East Broadway-Council Chambers, Sand Springs, OK 74063 February 23, 2026 6:00 p.m. “ “ March 23, 2026 6:00 p.m. “ “ April 27, 2026 6:00 p.m. “ “ May 18, 2026 6:00 p.m. “ “ June 22, 2026 6:00 p.m. “ “ July 27, 2026 6:00 p.m. “ “ August 24, 2026 6:00 p.m. “ “ September 28, 2026 6:00 p.m. “ “ October 26, 2026 6:00 p.m. “ “ November 23, 2026 6:00 p.m. “ “ December 21, 2026 6:00 p.m. “ “ Name: Janice L. Almy, City Clerk Sand Springs Municipal Building, 100 East Broadway Sand Springs, Oklahoma 74063 918-246-2500 ext. 2503 Filed in the office of the City/Municipal Clerk at _________ on ____________________, 2025. Signed:________________________________________ Janice L. Almy, City Clerk  M3E M3E  M3F City of Sand Springs Agenda Form Meeting Date:____________ JUL 21 2025 Agenda:_______________ CC & MA Item:____________ Consent Yes Signature Items:__________ Ken Madison Presented by:____________________________ Authority for Mayor and/or Subject:____________________ City Manager to execute financing documents for Plane Junkies, LLC ____________________________________________________ M3F Item #:_____________ Cost:_________BBBB N/A Approval Recommendation:____________________ )LQDQFH5HYLHZ: Yes Yes /HJDO5HYLHZ: 'HSDUWPHQW+HDG5HYLHZYes 6\QRSVLV: Requesting approval, denial, amendment, or revision for granting authority for the Mayor or City Manager to execute financing documents for Plane Junkies, LLC, a tenant at Sand Springs Pogue Airport, granting a bank lien by First National Bank of Coweta, Oklahoma, for the sale, improvements and/or construction of a hangar at Sand Springs Pogue Airport. Details: BACKGROUND AND HISTORY: Attached is the proposed financing documents for Plane Junkies, LLC, a tenant at Sand Springs Pogue Airport granting a bank lien by First National Bank of Coweta, Oklahoma for the sale improvements and/or construction of a hangar at SSPA. EXECUTIVE SUMMARY City Attorney David Weatherford has reviewed the finance lien documents BUGETARY IMPACT: None COMPILED BY: Ken Madison APPROVED BY: Derek Campbell, P.E Airport Supervisor Public Works Director $WWDFKPHQWV: Attachments: Proposed Financing documents for Plane Junkies, LLC  M4 CITY OF SAND SPRINGS FY25 FINANCIAL REPORT HIGHLIGHTS As of May 31, 2025 Percentage of Year Complete 92% General Fund at a Glance GENERAL FUND REVENUE GENERAL FUND EXPENSES Annual Revenue Budget Annual Expense Budget $ 18,151,631 $ 21,233,630 91% YTD Revenue Collections 78% YTD Expenses of Annual $ 16,473,194 of Annual $ 16,662,507 Budget Collected Remaining Budget Budget Expensed Remaining Budget $ 1,678,437 $ 4,571,123 Revenue Collections by Category Above/ (Below) YTD % of Bud Category Annual Budget YTD Budget YTD Actual Budget Collected Indicator Sales Tax $ 8,681,466 $ 7,934,629 $ 7,607,260 $ (327,369) 95.9% 0 Use Tax 2,018,376 1,844,796 2,266,698 421,902 122.9% 1 Franchise Tax 961,500 873,576 903,460 29,884 103.4% 1 Hotel Motel Tax 250,000 218,017 277,640 59,623 127.3% 1 Other Taxes 1,529,067 1,401,457 1,414,458 13,001 100.9% 1 Intergovernmental 754,855 684,993 486,634 (198,360) 71.0% 0 Fines & Forfeitures 141,600 131,474 165,204 33,730 125.7% 1 Licenses & Permits 161,500 111,568 111,705 137 100.1% 1 Charges for Service 967,500 890,671 728,997 (161,674) 81.8% 0 Interest 305,000 231,241 345,146 113,905 149.3% 1 Miscellaneous Revenue 204,441 193,833 151,245 (42,588) 78.0% 0 Transfers In 2,176,326 1,994,938 2,014,746 19,808 101.0% 1 Grand Total $ 18,151,631 $ 16,511,193 $ 16,473,194 $ (37,999) 99.8% 0 Expenses by Category Above/ (Below) YTD Category Annual Budget YTD Budget YTD Actual Budget % of Bud Spent Indicator Personal Services $ 14,785,748 $ 13,388,642 $ 11,862,133 $ (1,526,509) 88.6% 1 Materials & Supplies 1,252,853 1,133,526 924,545 (208,981) 81.6% 1 Other Services & Fees 3,936,612 3,618,645 2,676,990 (941,655) 74.0% 1 Capital Outlay 28,517 25,170 15,225 (9,945) 60.5% 1 Debt Services - - - - #DIV/0! #DIV/0! Transfers Out 1,229,900 1,101,848 1,183,615 81,767 107.4% 0 Grand Total $ 21,233,630 $ 19,267,831 $ 16,662,507 $ (2,605,324) 86.5% 1 Fund Balance Reserves General Fund Reserves Policy General Fund Current Reserves Calculation Budgeted Revenues $ 15,975,305 15% Emergency Reserve $ 1,737,572 Net Transfers In $ 2,176,326 15% Stabilization Reserve $ 2,722,745 Total Resources $ 18,151,631 Total Reserves $ 4,460,316 30% Total Reserves 5,445,489 Reserve is 82% Funded  CITY OF SAND SPRINGS FY25 FINANCIAL REPORT HIGHLIGHTS As of May 31, 2025 Percentage of Year Complete 92% Municipal Authority Operating Funds at a Glance MUNICIPAL AUTHORITY REVENUE MUNICIPAL AUTHORITY EXPENSES Annual Revenue Budget Annual Expense Budget $ 20,286,532 $ 34,649,744 96% YTD Revenue Collections 67% YTD Expenses of Annual $ 19,393,194 of Annual $ 23,072,628 Budget Collected Budget Expensed Remaining Budget Remaining Budget $ 893,338 $ 11,577,116 Revenue Collections by Category Above/ (Below) YTD % of Bud Category Annual Budget YTD Budget YTD Actual Budget Collected Indicator Water Sales $ 9,884,123 $ 9,007,502 $ 9,476,777 $ 469,275 105.2% 1 Wastewater Sales 4,004,259 3,650,644 3,624,141 (26,503) 99.3% 0 Solid Waste Sales 2,466,649 2,185,571 2,352,003 166,432 107.6% 1 Stormwater Sales 1,518,941 1,386,734 1,452,920 66,186 104.8% 1 Ambulance Service 278,250 222,600 257,510 34,910 115.7% 1 Airport Sales 535,950 492,166 470,182 (21,984) 95.5% 0 Golf Course Sales 924,272 776,610 1,008,833 232,223 129.9% 1 Transfers In 1,100,000 1,008,326 1,008,337 11 100.0% 1 Grand Total $ 20,712,444 $ 18,730,153 $ 19,650,703 $ 920,550 104.9% 1 Expenses by Category Above/ (Below) YTD Category Annual Budget YTD Budget YTD Actual Budget % of Bud Spent Indicator Personal Services $ 5,966,155 $ 5,348,327 $ 4,798,350 $ (549,977) 89.7% 1 Materials & Supplies 3,453,691 3,090,885 2,405,168 (685,717) 77.8% 1 Other Services & Fees 6,125,594 5,620,429 4,654,485 (965,944) 82.8% 1 Capital Outlay 31,500 28,864 3,909 (24,955) 13.5% 1 Other/ Non Cash 4,665,482 4,276,569 4,028,959 (247,610) 94.2% 1 Debt Services 989,741 907,225 586,791 (320,434) 64.7% 1 Transfers Out 13,582,581 12,116,704 6,759,965 (5,356,739) 55.8% 1 Grand Total $ 34,814,744 $ 31,389,003 $ 23,237,628 $ (8,151,375) 74.0% 1 Fund Balance Reserves Total Budgeted Undesignated Fund Balance Fund Balance as a Percentage of Budgeted Revenues Water Fund Balance $ 5,058,082 Total Undesignated Fund Balance $ 11,326,567 Wastewater Fund Balance 371,503 Solid Waste Fund Balance 1,899,400 Total Revenues $ 20,712,444 Stormwater Fund Balance 2,714,535 Net Transfers In 1,100,000 Ambulance Service Fund Balance 113,250 Total Revenues & Transfers $ 21,812,444 Airport Fund Balance 1,012,773 Golf Course Fund Balance 157,024 Total Undesignated Fund Balance $ 11,326,567 FB Percentage of Bud Revenues 52%  CITY OF SAND SPRINGS FY25 FINANCIAL REPORT HIGHLIGHTS As of May 31, 2025 Percentage of Year Complete 92% City Projects at a Glance City Projects Budget vs Actuals- Life to Date City Projects Budget vs Actuals- Year to Date Life to Date Budget $ 187,729,185 Year to Date Budget $ 78,914,082 Life to Date Actuals $ 128,026,905 Year to Date Actuals $ 16,693,276 Budget Remaining $ 59,702,280 Budget Remaining $ 62,220,806 Percentage of Budget Spent 68.2% Percentage of Budget Spent 21.2% PROJECT SPENDING BY DIVISION Airport Stormwater Facilities Water 1% 13% 0% 15% Economic Dev 14% Sewer 34% Public Safety 13% Public Works Street 0% Parks 8% 2% Major Projects (Project to Date) Project to Date Remaining % Project Project Type Project Budget Actual Budget Spent Project Status Sheffield Crossing Econ Dev 17,345,275 13,995,266 $ 3,350,009 81% In Progress 65 Acre Development Resid Dev 14,704,733 5,576,361 9,128,372 38% In Progress 97T Rehab Design/ Constr Streets 1,429,000 152,949 1,276,051 11% In Progress 41st St Pavement Resurf (East) Streets 1,250,000 - 1,250,000 0% In Progress 113th W Ave Widening Streets 4,636,690 1,526,069 3,110,620 33% In Progress Shell Lake Dam Improvements Water 2,123,769 655,095 1,468,674 31% In Progress Roadway over Levee GO Bond 2,430,957 2,092,763 338,194 86% In Progress Pecan-Woodland E Diversion Stormwater 3,722,000 5,400 3,716,600 0% In Design ARPA Projects ARPA 5,531,546 4,426,703 1,104,843 80% In Progress River West Development Econ Dev 2,809,578 2,578,277 231,301 92% Complete Berryhill School Sewer Dev Berryhill Dev 4,534,074 2,015,548 2,518,526 44% In Progress Pratt Interceptor 32nd St Water 1,750,550 108,122 1,642,429 6% In Design Animal Welfare Facility Pub Safety 3,589,999 2,488,421 1,101,578 69% In Progress - - - Grand Total $ 65,858,170 $ 35,620,973 $ 30,237,197  CITY OF SAND SPRINGS FY25 FINANCIAL REPORT HIGHLIGHTS As of May 31, 2025 Sales Tax Collections YTD Change FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY24-25 Actuals % FY25-24 July 1,308,854 1,325,724 1,382,281 1,451,239 1,483,548 2.2% August 1,356,931 1,329,136 1,400,021 1,459,368 1,431,840 -1.9% September 1,279,398 1,338,194 1,361,487 1,425,844 1,395,744 -2.1% October 1,148,949 1,365,584 1,406,311 1,427,050 1,373,516 -3.8% November 1,182,971 1,302,041 1,293,576 1,500,254 1,334,135 -11.1% December 1,127,631 1,308,199 1,401,679 1,383,568 1,544,472 11.6% January 1,264,765 1,295,457 1,422,818 1,462,668 1,397,704 -4.4% February 1,330,832 1,405,646 1,544,293 1,511,178 1,377,442 -8.8% March 1,157,809 1,146,603 1,235,159 1,260,950 1,313,385 4.2% April 1,120,225 1,258,082 1,326,593 1,418,165 1,276,413 -10.0% May 1,344,558 1,394,147 1,476,763 1,449,900 1,451,734 0.1% June 1,420,779 1,391,440 1,408,099 1,358,314 -100.0% $ 15,043,700 $ 15,860,253 $ 16,659,080 $ 17,108,498 $ 15,379,933 YTD $ 13,622,921 $ 14,468,813 $ 15,250,981 $ 15,750,184 $ 15,379,933 -2.4% SALES TAX COLLECTIONS BY MONTH $1,600,000 $1,500,000 $1,400,000 $1,300,000 $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 Jul 20 May 21 Jul 22 Jan Jul Jul 23 Jan 23 Sep 20 Jan 21 Sep 21 Mar 22 Mar 23 Nov 20 22 Jul 22 23 Sep 23 Sep 23 Nov 23 Nov 23 Jan 24 Jan 24 Sep 22 Sep Nov Mar 24 Nov 21 21 22 Mar 23 Mar 23 Mar 24 May 24 May 24 Jul 24 Jul 24 Mar 21 Jul 21 May 22 May Sep 24 Sep 24 22 Nov 22 Nov Jan Nov 24 Jan 22 22 22 May 23 May 23 Nov 24 Jan 25 Jan 25 Mar 25 Mar 25 May 25 May 25 YTD SALES TAX COLLECTIONS BY YEAR 16,000,000 15,500,000 15,000,000 14,500,000 14,000,000 13,500,000 13,000,000 12,500,000 FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY24-25 Actuals  CITY OF SAND SPRINGS FY25 FINANCIAL REPORT HIGHLIGHTS As of May 31, 2025 Use Tax Collections YTD Change FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY24-25 Actuals % FY23-22 July 136,929 132,364 144,470 177,198 195,047 10.1% August 125,785 163,942 163,293 172,273 228,698 32.8% September 117,450 144,811 175,504 187,111 186,872 -0.1% October 127,616 140,562 145,088 186,713 183,207 -1.9% November 122,123 153,803 152,907 187,198 198,410 6.0% December 150,252 153,022 160,248 207,609 192,139 -7.5% January 243,501 185,462 196,321 237,553 230,422 -3.0% February 205,647 206,123 228,218 282,532 330,952 17.1% March 132,052 112,989 126,416 161,333 158,781 -1.6% April 149,398 116,366 135,049 172,725 163,643 -5.3% May 185,638 180,313 170,192 196,897 214,504 8.9% June 141,335 133,335 155,160 180,242 -100.0% $ 1,837,726 $ 1,823,092 $ 1,952,865 $ 2,349,384 $ 2,282,675 YTD $ 1,696,391 $ 1,689,757 $ 1,797,705 $ 2,169,142 $ 2,282,675 5.2% USE TAX COLLECTIONS BY MONTH $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Jul 21 Jul 22 Jul 20 May 23 May Sep 23 Sep 20 Mar 21 Jan Jan 22 Jan 23 Jan Nov 20 Jan 21 22 Jul 22 Sep 23 Nov 23 Nov 23 Sep 21 Sep 22 23 23 Jan 24 Jan 24 Mar 24 Mar 24 Mar 22 Mar Sep 22 May 24 May 24 22 Jul 24 Jul 24 Mar 23 Mar Jul Jul 23 Sep 24 Sep 24 May 21 Nov 24 Nov 22 Nov 23 Nov 24 Nov Nov 21 21 May May 22 22 22 23 Jan 25 Jan 25 Mar 25 Mar 25 May 25 May 25 YTD USE TAX COLLECTIONS BY YEAR 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY24-25 Actuals  CITY OF SAND SPRINGS FY25 FINANCIAL REPORT HIGHLIGHTS As of May 31, 2025 Water Sales Trend by Month YTD Change FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY24-25 Actuals % FY23-22 July $ 993,646 $ 795,643 $ 1,069,240 $ 964,408 $ 998,729 3.6% August 869,281 892,095 1,146,148 987,119 1,053,291 6.7% September 878,193 1,080,817 979,806 965,615 971,266 0.6% October 667,235 911,681 883,294 733,808 928,213 26.5% November 718,071 607,882 748,455 718,255 745,240 3.8% December 553,808 590,252 687,122 611,572 629,218 2.9% January 623,648 718,244 716,735 681,161 687,688 1.0% February 592,762 643,596 579,193 747,986 742,702 -0.7% March 695,906 537,531 630,971 583,455 652,891 11.9% April 593,198 592,970 511,388 660,431 699,260 5.9% May 713,745 621,659 886,518 762,477 750,075 -1.6% June 685,593 772,415 811,564 793,986 -100.0% $ 8,585,086 $ 8,764,785 $ 9,650,434 $ 9,210,273 $ 8,858,573 YTD $ 7,185,748 $ 7,370,711 $ 7,952,352 $ 7,653,810 $ 8,108,498 5.9% # Customers 12,672 12,738 12,868 12,949 12,997 Ave per Cust $ 51.55 $ 52.60 $ 56.18 $ 53.73 $ 56.72 WATER SALES BILLED BY MONTH 1,250,000 1,050,000 850,000 650,000 450,000 250,000 50,000 Jul 20 Jul 21 Jul Jul 22 Jul 23 Jul Nov 20 Mar 21 Jan 22 Jan 23 Sep 20 Jan 21 Jan 22 22 Sep 2323 Jan 23 Sep 23 Nov 23 Nov 23 Jan 24 Jan 24 Mar 24 Sep 21 Mar 22 Mar 22 Sep 22 Sep 22 Mar 23 Mar 23 Mar 24 May 24 May 24 Jul 24 Jul 24 Sep 24 May 21 Sep 24 Nov 24 Nov Nov 21 21 May 22 May 22 Nov 22 Nov 22 May May 23 23 Nov 24 Jan 25 Jan 25 Mar 25 Mar 25 May 25 May 25 WATER SALES BILLED BY YEAR 10,300,000 8,300,000 6,300,000 4,300,000 2,300,000 300,000 FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY24-25 Actuals  CITY OF SAND SPRINGS FY25 FINANCIAL REPORT HIGHLIGHTS As of May 31, 2025 Wastewater Sales Trend by Month YTD Change FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY23-24 Actuals % FY23-22 July $ 269,989 $ 287,813 $ 316,358 $ 307,156 $ 306,359 -0.3% August 299,651 296,093 320,601 304,266 336,132 10.5% September 292,206 312,446 321,091 311,716 327,952 5.2% October 278,786 298,710 311,947 291,890 322,417 10.5% November 298,512 282,201 306,732 296,510 312,475 5.4% December 269,948 272,991 302,510 288,483 307,965 6.8% January 279,440 281,777 296,729 291,609 311,546 6.8% February 291,404 282,896 291,547 299,523 279,881 -6.6% March 281,576 285,946 300,592 279,400 292,657 4.7% April 282,335 300,746 229,322 314,290 319,425 1.6% May 296,421 296,334 349,148 306,368 340,696 11.2% June 281,658 305,432 299,423 318,407 -100.0% $ 3,421,926 $ 3,503,385 $ 3,646,000 $ 3,609,618 $ 3,457,505 YTD $ 3,140,268 $ 3,197,953 $ 3,346,577 $ 3,291,211 $ 3,457,505 5.1% # Customers $ 7,273 $ 7,287 $ 7,342 $ 7,420 $ 7,457 Ave per Cust $ 39.25 $ 39.90 $ 41.44 $ 40.32 $ 42.15 WASTEWATER SALES BILLED BY MONTH 400,000 350,000 300,000 250,000 200,000 Jul 20 May 21 Mar 22 Jul 23 Sep 22 Nov 20 Sep 21 Sep 20 Jan Jan 23 Jan 21 Mar 21 Mar 22 Jul 23 Sep 23 Sep 22 23 Sep 23 Nov 23 Nov 23 Jan 24 Jan 24 Mar 24 Nov 21 Nov 21 May May 22 22 Mar 23 Mar 23 Mar 24 May 24 May 24 Jul 24 Nov 22 22 Jul 24 Sep 24 Jul 21 Sep 24 Nov Nov 24 Jan 22 Jan 22 Jul 22 Jul 22 May 23 May 23 Nov 24 Jan 25 Jan 25 Mar 25 Mar 25 May 25 May 25 WASTEWATER SALES BILLED BY YEAR 3,500,000 3,400,000 3,300,000 3,200,000 3,100,000 3,000,000 2,900,000 FY20-21 Actuals FY21-22 Actuals FY22-23 Actuals FY23-24 Actuals FY23-24 Actuals M5A