2009-10 Adopted Budget - City of Hoquiam

Cemetery Fund - #101Cemetery revenues are based upon the fees collected from plot sales. This revenuesource has remained very steady for many years. A new rate structure has helped thisfund's revenues remain consistent through variations in volume. From 2000 to 2008,Cemetery revenues have increased an average of 4.0% per year. Even so, theCemetery has required a transfer from the General Fund in almost every year to coveroperations.The inventory at the Cemetery has not always been accurate and is in need of updating.Beginning in 2007, the City undertook a project, coordinated with Americorps, to updateand map the Cemetery inventory. When this project is completed, it is anticipated thatwe will find many accounts in the Cemetery Preneed Fund that should actually havebeen in the Cemetery Fund. For example, someone planning their estate would paytheir Cemetery Fees in advance. The City would put this money in a “preneed” accountuntil their death at which time the money would be transferred to the Cemetery Fund.Both the 2009 and 2010 budget years include a $30,000 in transfer from the CemeteryPreneed fund for this updating.As the adjacent chart and graph entitled “Cemetery Revenue History and Forecast”illustrate, cemetery revenues are anticipated to increase steadily over the forecastedperiod.Actual Actual Actual Actual Actual Actual Actual Actual Forecast BudgetBARS# 101 CEMETERY FUND 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009341.70.00 Retail Sales 0 0 0 0 0 0 0 0 6,380 6,607343.60.00 Cemetery Fees 106,863 119,489 111,654 106,158 120,809 88,942 124,822 117,362 106,325 110,113343.60.02 Cemetery Fees-Coll 1,629 309 0 0 0 0 0 146 00361.10.00 Intvestment Interest 9,212 45,507 16,407 11,697 10,450 14,460 25,851 29,417 20,735 21,475361.40.01 Stadium Loan Int 16,754 8,515 0 0 0 0 0 0 00362.50.00 Land Lease (Cell) 0 0 6,325 1,700 10,300 10,400 9,600 9,600 9,600 10,000362.60.00 Housing Rentals 2,400 2,400 2,400 2,400 2,400 3,000 4,800 4,800 4,800 4,800367.00.00 Donations 0 0 0 55 0 45 100 0 0 0369.90.00 Other Misc Revenue 764 7 90 15 291 5 589 959 1,010 0381.10.00.02 Loan from Maus 0 0 59,726 0 0 0 0 0 00TOTAL CEMETERY FUND $137,621 $176,229 $196,602 $122,025 $144,251 $116,853 $165,762 $162,284 $148,850 $152,995Annual % Change: 28.1% 11.6% -37.9% 18.2% -19.0% 41.9% -2.1% -8.3% 2.8%Average % Change since 2000: 28.1% 19.8% 0.6% 5.0% 0.2% 7.1% 5.8% 4.0% 3.9%Transfers In: $4,146 $9,514 $19,379 $40,565 $10,146 $44,895 $36,060 $68,915 $57,590 $57,970TOTAL REVENUE $141,768 $185,743 $215,981 $162,591 $154,397 $161,748 $201,822 $231,199 $206,440 $210,96556