OCCY approves Sept. 15 minutes and Q1 finance report; business manager reports on budget utilization

The Oklahoma Commission on Children and Youth approved minutes from its Sept. 15 meeting and voted to accept the Finance Committee’s quarterly report after a staff presentation.

Mahmood, OCCY’s business manager, presented Q1 financial figures for FY year (presented in commission materials): a stated total annual budget of $4,700,000, a year‑to‑date allocation of $1,100,000, and Q1 utilization reported as $693,000 as of Sept. 30, 2023. Mahmood said the utilization rate against the total budget was approximately 15% and 58% against the year‑to‑date allocation, which reflects timing differences across program activities. He noted OCCY’s cash balance as about $701,266 on Sept. 30, 2023, and said finance staff review agency accounts monthly with OES colleagues.

The commission moved and seconded approval of the finance report; roll‑call votes recorded the attending commissioners’ approvals and the motion passed.

What was requested: Commissioners asked for continued monitoring of program expenditures and thanked staff for the report. No budget amendments were adopted at the meeting.