From
Gary Yakesch
Title
Ordinance amending the FY 2015/2016 Cemetery Operating Fund Budget by appropriating $424 from Ending Resources and adding $52,986 in revenues from increased Section Sales, Marker Sales, Internment Fees, and Burial Vault Sales.
Presenter
Rick Herold, Parks, Arts, and Recreation Director
Recommended Action
Approve
Analysis
The FY 2015/2016 Budget for the Cemetery Fund provided $934,540 in revenues and $886,914 in total appropriations. For FY 2015/2016, increases in Section Sales, Marker Sales, Internment Fees, and Burial Box Sales led to a $74,040 increase in revenues over the approved budget; revenues from Mausoleum, Columbarium, and Miscellaneous segments fell short of the budget by $21,054. The net increase in total revenues was $52,986 for FY 2015/2016. The incremental revenue increases in these areas also required added cost mainly in supplies; labor cost increases were a result of a staff changes throughout the year at the management level. Savings in services and capital outlay help offset the added costs in supplies and labor. Accordingly, total expenditures of $887,610 exceeded the FY 2015/2016 appropriations by $424. The net change between the added revenues and increased appropriations is a net $52,562 increase to the Ending Resources in the Cemetery Operating Fund (3190).
This item was presented and recommended without objection to City Council by the Finance & Government Committee on February 7, 2017.
Financial Consideration
Amend the FY 2015/2016 Cemetery Operating Fund Budget by appropriating $424 in labor and supplies from Ending Resources and adding $52,986 in revenues. This action will add $52,562 to the Ending Resources to the FY 2015/2016 Cemetery Operating Fund (3190).
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, AMENDING THE FY 2015/2016 CEMETERY OPERATING FUND (3190) BUDGET BY APPROPRIATING $424 FROM THE ENDING RESOURCES AND ADDING $52,986 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 2015/2016 Cemetery Operating Fund Budget be amended as follows:
a.) By appropriating $424 from the Ending Resources in the Cemetery Operating Fund (3190)
b.) By increasing Cemetery Revenues $52,986 from a net increase in sales in the Cemetery Operating Fund (3190)
c.) Provide for a net increase to the Ending Resources of $52,562 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 7TH DAY OF FEBRUARY, 2017.