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Local News

April 28, 2014

Stillwater budget reaches $110 million, up nearly $3 million

STILLWATER, Okla. — As revenues increase, the city of Stillwater is beginning to loosen its purse strings and focus on addressing needs that have been deferred for several years.

“Revenues have exceeded projections and we’re bringing back capital expenditures we’ve put off since the recession,” City Manager Dan Galloway said during Monday’s City Council meeting.

The proposal he gave the City Council increases the budget from $107 million in 2014 to $110 million in 2015.

That figure includes the city’s general fund, the Stillwater Utilities Authority and special funds.

“It’s a good budget, a balanced budget,” Galloway said. “It’s a conservative projection of revenues.”

Several councilors sought a more detailed budget analysis.

Councilor Gina Noble said she wants to see exactly what the general government category includes and wants a breakdown of personnel costs, including the number of employees in each department and their salaries.

She asked Galloway to slow the process down and give councilors a week to study the information they requested.

State law requires the budget be adopted by mid-June.

The new fiscal year begins July 1.

Updated April 30, 2014

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