From
Gary Yakesch
Title
Ordinance amending the FY 2014/2015 Cemetery Operating Fund Budget by appropriating $40,206 from Ending Resources and adding $131,047 in revenues from increased Section Sales, Marker Sales, Internment Fees, Mausoleum Sales, and Burial Vault Sales
Presenter
Rick Herold, Parks, Arts, and Recreation Director
Recommended Action
Approve
Analysis
The approved FY 2014/2015 Budget for the Cemetery Fund provided $842,500 in revenues and $809,404 in total appropriations. For FY 2014/2015, increases in Section Sales, Marker Sales, Internment Fees, Mausoleum Sales, and Burial Box Sales led to a $136,870 increase in revenues over the approved budget; revenues from Miscellaneous Sales and Columbarium Sales fell short of the budget by $5,823. The net increase in total revenues was $131,047 for FY 2014/2015. The incremental revenue increases in these areas also required added cost in both supplies and services. Accordingly, total expenditures of $849,610 exceeded the FY 2014/2015 appropriations by $40,206. The net change between the added revenues and increased appropriations is a net $90,841 increase to the Ending Resources in the Cemetery Operating Fund (3190).
This item was presented and approved by the Finance & Government Committee on February 2, 2016.
Financial Consideration
Amend the FY 2014/2015 Cemetery Operating Fund Budget by appropriating $40,206 in supplies and services from Ending Resources and adding $131,047 in revenues. This action will add $90,841 to the Ending Resources to the FY 2014/2015 Cemetery Operating Fund (3190).
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, AMENDING THE FY 2014/2015 CEMETERY OPERATING FUND (3190) BUDGET BY APPROPRIATING $40,206 FROM THE ENDING RESOURCES AND ADDING $131,047 FROM INCREASED REVENUES IN THE CEMETERY OPERATING FUND (3190)
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS:
SECTION 1. That the FY 2014/2015 Cemetery Operating Fund Budget be amended as follows:
a.) By appropriating $40,206 from the Ending Resources in the Cemetery Operating Fund (3190)
b.) By increasing Cemetery Revenues $131,047 from a net increase in sales in the Cemetery Operating Fund (3190)
c.) Provide for a net increase to the Ending Resources of $90,841 from the added revenues and appropriations in the Cemetery Operating Fund (3190)
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 2ND DAY OF FEBRUARY, 2016.