MOORE — The City of Moore’s budget will be 5.9 percent higher than it was last year.
Council approved the budget Monday night. It includes raises for first responders, funding for additional police officers and a more than $8 million increase in street projects funded by bonds.
City Manager Brooks Mitchell said the bonds were the main reason for the increase, with general obligation bond street projects up by $8 million in Fiscal Year 2018-19 to $10,039,041 in FY2019-20. Moore residents voted on these bonds last June, approving drainage improvements and the construction of an underpass on 4th Street to take traffic underneath the railroad tracks in addition to related street improvements.
The total City of Moore budget for the coming fiscal year, which starts July 1, is $115,467,913, about $6 million more than FY2019. Council voted unanimously to approve the budget.
The increase accounts for a 1.5 percent cost of living raise for city workers. Wages for police and fire personnel increased by about 2.2 percent after council opted to prioritize first responder pay over future water infrastructure projects last year.
The Moore Police Department’s budget increased by a little over half a million dollars to about $12.3 million. This cost also includes the addition of three new police officers, Mitchell said.
Moore Fire Department’s budget will be $9.74 million, an increase of $258,500.
Sales tax figures have been steadily improving year-after-year in Moore. The new fiscal year will be no different, Mitchell said.
“We are projecting a one percent increase in sales tax,” Mitchell said.
The general fund budget is just more than $43 million, an increase of just under $2 million from FY2019. The Moore Public Works Authority budget increased by more than $8 million to about $36.5 million this year.
Special revenue, which comes out of restricted sales taxes — such as those for parks, public safety, etc. — actually went down for the upcoming fiscal year by more than $5 million to about $28.6 million.
Moore will pay over $6.6 million in general obligation bond debt service in the coming fiscal year.