MUSTANG — The city of Mustang has instituted an immediate mandatory spending freeze on all nonessential spending, interim City Manager Justin Battles confirmed Friday.
Battles announced the spending freeze Tuesday in a memo to city department heads.
“Continuing on our conversation at staff meeting, we are currently mandating a spending freeze on all nonessential spending for the current budget year,” the memo stated.
“The spending freeze is effective immediately. I appreciate everyone's hard work, and we will continue to work together and have open discussions on where we are at financially as a city.”
Mustang began the fiscal year last July with about $900,000 in carry-over funds.
The goal of the freeze is to build the reserve fund up above $2 million by the end of the fiscal year, Battles said.
To accomplish that, the city will need to reduce its anticipated spending by about $468,000 between now and June 30, he said.
“We're not talking about staff cuts or anything like that,” Battles said. “We're talking about … tightening our belts.”
He said belt-tightening measures could include such things as making sure there's not a large back stock of supplies and postponing purchases of things that may have previously been approved in the budget, such as radios for Parks and Recreation special events.
“It's not like we're in the red, but we'd almost like to treat it like we were,” Battles said.
Mustang's general operating budget is about $18.5 million, he said.
MORE FROM NEWSOK
We're talking about … tightening our belts. ... It's not like we're in the red, but we'd almost like to treat it like we were.”
Mustang's interim city manager