Okla. Stat. tit. 19, § 19-901.41: Accounts and accounting - Budgets - Needs assessment

Any monies received or expended by the district must be

accounted for by fund and account. Each district shall prepare a

budget for the general fund and for other funds as the board may

require pursuant to this act. The board shall determine the

district's needs for sinking fund purposes, and include these

requirements in the debt service fund budget for the budget year.