2009-10 Adopted Budget - City of Hoquiam

E. Cemetery Preneed Fund - #104Overview:The Cemetery preneed fund receives money from individuals purchasing estateplanning for future services. When services are needed, the amounts of preneedpurchases are transferred to the Cemetery fund.Revenues:Cemetery Preneed revenues are budgeted at $20,000 in 2009 and 2010 eachrespectively. This fund also earns interest on invested reserves which are budgeted at$6,000 in 2009 and $6,250 in 2010.Appropriations:As was discussed earlier, a reconciliation of the Cemetery inventory is anticipated totake place in during the biennium. Therefore, in 2009 and 2010 a transfer of $30,000 isbudgeted in each year to the Cemetery Fund.88