OK HB3560

All public utilities must prepare annual written budgets including itemized revenue sources with prior 2 years' expenditures, current year revenue estimates, and a fiscal policy summary

Proposed budgets must be available for public inspection at the utility's principal headquarters at least 7 days before the governing body meeting, with notice published in a local newspaper

Public must have opportunity to testify before budget adoption, with written records kept of meetings and any changes between proposed and adopted budgets made available for inspection

Fiscal year for public utilities must coincide with the calendar year, except utilities with only one wholesale municipal customer may use the municipality's fiscal year

Annual audits by certified public accountants are required, with written copies filed with the State Auditor within 180 days after fiscal year end; effective date is November 1, 2026