BET Regular Meeting 11/05/2026

The Oklahoma County BET regular meeting was held November 5, 2026. The board reviewed employee-benefit costs and forecasts, including medical claims trending down from earlier levels but remaining above the prior year. Staff discussed a projected shortfall of about $2.6 million, a possible $1.8 million adjustment to budget authority, and whether additional funding should come from employer premiums or the general-fund reserve. The board requested further documentation on the adjustment and premium impacts, including an analysis of special-revenue accounts, for a continued discussion. A proposal to place up to $3 million from the general-fund reserve on the watch list for a possible employee stipend of up to 4% was discussed, but no vote on that proposal is recorded. The board also discussed proposed 2026–27 employer rates without taking action.

The board approved prior meeting minutes and received the employee-benefits report and related documents. No new RFP, contract award, or purchasing approval was identified. Members referred to a vehicle-leasing arrangement in place of regularly purchasing vehicles and to possible proceeds from auctioning vehicles bought with CARES funds, but no new vehicle action was taken at this meeting.