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 OPE...
Click here for full text