Okla. Stat. tit. 11, § 11-17-209: Adoption of budget - Filing - Effective period - Use of

appropriated funds - Levying tax.

A. After the hearing and at least seven (7) days prior to the

beginning of the budget year, the governing body shall adopt the

budget by resolution, or as any charter may require, at the level of

classification as defined in Section 17-213 of this title. The

governing body may add or increase items or delete or decrease items

in the budget. In all cases the proposed expenditures shall not

exceed the estimated revenues and appropriated fund balance for any

fund.

B. The adopted budget shall be transmitted to the State Auditor

and Inspector within thirty (30) days after the beginning of the

fiscal year of the municipality and one copy shall be kept on file

in the office of the municipal clerk. A copy of the municipality's

sinking fund requirements shall be filed with the excise board of

the county or counties in which the municipality is located.

C. The adopted budget shall be in effect on and after the first

day of the fiscal year to which it applies. The budget as adopted

and filed with the State Auditor and Inspector shall constitute an

appropriation for each fund, and the appropriation thus made shall

not be used for any other purpose except as provided by law.

D. At the time required by law, the county excise board shall

levy the taxes necessary for the municipality's sinking fund for the

budget year pursuant to Section 431 of Title 62 of the Oklahoma

Statutes.