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Table 9. Cemetery Fund Overview
<br /> FY 2018/19 FY 2019/20
<br /> Cemetery Operations Actual Adjusted Budget Adjustments Mid-Year Budget
<br /> Beginning Balance, July 1 $200,431 $151,382 $151,382
<br /> Revenues 166,794 190,180 $0 190,180
<br /> Expenses 260,843 243,037 9,688 252,725
<br /> Net (94,049) (52,857) (9,688) (62,545)
<br /> Transfer In -
<br /> General Fund subsidy 45,000 50,000 - 50,000
<br /> Net Income ($49,049) ($2,857) ($9,688) ($12,545)
<br /> Ending Balance, June 30 $151,382 $148,525 $138,836
<br /> Internal Services Funds
<br /> As shown in Table 10, there is an increase of$2.2 million in the City's internal services
<br /> funds expenses. The increases are listed in detail in the Table 11 below.
<br /> Table 10. Internal Services Funds
<br /> FY 2018/19 FY 2019/20
<br /> Internal Service Funds Actual Adjusted Budget Adjustments Mid-Year Budget
<br /> Beginning Balance, July 1 $44,228,807 $48,453,273 $48,453,273
<br /> Revenues 16.877,004 13,330,970 - 13,330,970
<br /> Expenses 13,120,963 15,416,208 2,211,646 17,627,854
<br /> Net 3,756,041 (2,085,238) (2,211,646) (4,296,884)
<br /> Transfer In/Out 468,425 (2,237,591) (13,689) (2,251,280)
<br /> Net Income $4,224,466 ($4,322,829) ($2,225,335) ($6,548,164)
<br /> Ending Balance, June 30 $48,453,273 $44,130,444 $41,905,109
<br /> Table 11. Internal Services Funds Additional Expenses
<br /> Increase from
<br /> Internal Services Funds' Additional Expenses Original Budget
<br /> Workers Compensation Fund - Increased claims and
<br /> insurance expenses $279,000
<br /> Public Art Acquisition - Minor adjustment to reflect actual
<br /> expenses 1.500
<br /> Vehicle Replacement Fund - Carry forward unused budget
<br /> from FY 2018/19 424,614
<br /> Police Vehicle Replacement Fund - Carry forward unused
<br /> budget from FY 2018/19 35,782
<br /> Fire Apparatus Replacement - Carry forward unused budget
<br /> from FY 2018/19 880,200
<br /> Equipment Replacement- Carry forward unused budget from
<br /> FY 2018/19 284,350
<br /> Facilities Renovation - Carry forward unused budget from FY
<br /> 2018/19 6,200
<br /> General Liability Insurance - Increased premiums 300,000
<br /> Transfer out to CIP Fund - as approved by prior Council action 13.689
<br /> Total Internal Services Funds Increase $2,225,335
<br /> Page 7 of 8
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