New City Budget Approved

Jun 22, 2012

The City of Tulsa has a new budget. The spending plan is just over $703-million. The document follows the budget plan submitted by Mayor Bartlett at the end of April.

It includes two-million dollars stashed away in the city’s new savings account. Council Chair G-T Bynum says that is a good thing. He says when Tulsa faces another economic downturn, the city will have a cash  cushion. It is a city version of the state’s rainy day fund.

Some councilors want more money for city employee salaries instead of one-time stipends. The council will review that at mid-year.