An accounting error in the City of Norman’s proposed fiscal year 2022 budget drew confusion from the public and the dais at the Tuesday night Norman City Council meeting, but
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City officials confirmed that Norman could see up to $22 million in federal pandemic aid by as early as May 11, but staff are still waiting for guidance on how
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During the COVID-19 pandemic, municipalities shuddered at the closure of businesses and cancellation of tourism events in a state whose cities rely solely on sales tax collections. But a look back at the cityâs budget shows Norman residents found ways to spend money.
Normanâs general fund has emerged virtually unscathed from 2020, city officials told the City Council Finance Committee Thursday night. Spending trends like increased online shopping, stimulus funds and federal pandemic relief money all played a role in a stable general fund.
âWeâre just kind of right on budget, which is a good thing,â City Financial Services Director Anthony Francisco said. âI chalk it up to the revenue projectorâs acumen, but a more honest person would chalk it up to luck because with all the COVID things going on we really donât have a whole lot of knowledge or information about whatâs going on until it happens. All of these things are coming o