(Published in The Walters Herald September 10, 2026)
EMERGENCY MEDICAL SERVICE BOARD PUBLICATION SHEET-COTTON COUNTY, OKLAHOMA
FINANCIAL STATEMENT OF THE VARIUS FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2026 AND ESTIMATE OF NEED FOR THE FISCAL YEAR ENDING JUNE 30, 2027, OF THE EMERGENCY MEDICAL SERVICE BOARD OF COTTON COUNTY, OKLAHOMA
EXHIBIT “Z”
STATEMENT OF FINANCIAL CONDITION
AS OF JUNE 30, 2026 — E.M.S. Detail
ASSETS:
Cash Balance June 30, 2026 — $347,965.15
Investments
TOTAL ASSETS — $347,965.15
LIABILITIES AND RESERVES:
Warrants Outstanding
Reserve for Interest on Warrants
Reserves From Schedule 8
TOTAL LIABILITIES AND RESERVES
CASH FUND BALANCE (Deficit) June 30, 2026 — $347,965.15
ESTIMATED NEEDS FOR FISCAL YEAR ENDING JUNE 30, 2026
GENERAL FUND
Current Expense — $805,829.49
Reserve for Int. on Warrants & Revaluation
Total Required — $805,829.49
FINANCED
Cash Fund Balance — $347,965.15
Estimated Miscellaneous Revenue — $328,411.76
Total Deductions — $676,376.91
Balance to Raise from Ad Valorem Tax — $129,452.28
ESTIMATED MISCELLANEOUS REVENUE
1000 Charges for Services
2000 Local Sources of Revenue
3000 State Sources of Revenue — $327,992.36
4000 Federal Sources of Revenue — $109.33
5000 Miscellaneous Revenue — $309.87
6111 Contributions from Other Funds
Total Estimated Revenue — $328,411.76
SINKING FUND BALANCE SHEET
- Cash Balance on Hand June 30, 2026
- Legal Investments Properly Maturing
- Judgements Paid to Recover by Tax Levy
- Total Liquid Assets
Deduct Matured Indebtedness:
- a. Past-Due Coupons
- b. Interest Accrued Thereon
- c. Past-Due Bonds
- d. Interest Thereon After Last Coupon
- e. Fiscal Agency Commissions on Above
- f. Judgements and Int. Levied for/Unpaid
- Total Items a. Through f.
- Balance of Assets Subject to Accruals
Deduct Accrual Reserve If Assets Sufficient
- g. Earned Unmatured Interest
- h. Accrual on Final Coupons
- i. Accrued on Unmatured Bonds
- Total Items g. Through i.
- Excess of Assets Over Accrual Reserves**
SINKING FUND REQUIREMENTS FOR 2026-2027
- Interest Earnings on Bonds
- Accrual on Unmatured Bonds
- Annual Accrual on “Prepaid” Judgements
- Annual Accrual on “Unpaid” Judgements
- Interest on Unpaid Judgements
- Annual Accrual From Exhibit KK
Total Sinking Fund Requirements
Deduct:
- Excess of Assets Over Liabilities
- Surplus Building Fund Cash
Balance to Raise By Tax Levy
EXHIBIT “Z”
If line 12 is less than line 16 after omitting “h” deduct the following each in turn from line 4, “Total Liquid Assets”.
13d. j. Unmatured Coupons Due 4-1-2027
14d. k. Unmatured Bonds So Due
15d. l. Whatever Remains is for Exhibit KK Line E.
16d. Deficit as Shown on Sinking Fund Balance Sheet
17d. Less Cash Requirements for Current Fiscal Year in Excess of Cash on Hand (From Line 15d Above).
18d. Remaining Deficit is for Exhibit KK Line F.
CERTIFICATE-GOVERNING BOARD
STATE OF OKLAHOMA, COUNTY OF COTTON, ss:
We, the undersigned Emergency Medical Service Board of Cotton County Oklahoma, do hereby certify that a meeting of the Emergency Medical Service Board of the said County, begun at the time provided by law for Counties and pursuant to the provisions of 68 O. S. 3002, the foregoing statement was prepared and is a true and correct condition of the Financial Affairs of said Emergency Medical Board as reflected by the record of the Clerk and Treasure. We further certify that the foregoing estimate for current expenses for the fiscal year beginning July 1 2026 and ending June 30, 2027, as shown are reasonably necessary for the proper conduct of the affairs of the said Emergency Medical Service Board, that the Estimated Income to be derived from sources other than ad valorem taxation does not exceed the lawfully authorized ration of the revenue derived from the same sources during the preceding fiscal year.
/s/ Pete Tolluh — Chairman of Board
/s/ Raven Piontek — Member
/s/ Michael P. Dye — Member
Attest:
/s/ Joseph Schappert — County Clerk
(SEAL)
Subscribed and sworn to before me this 2nd day of September, 2026.
/s/ B. Harris — Notary Public
