Title
Ordinance No. 22-69 amending Ordinance No. 21-112 (2022 Appropriation Ordinance) for a Supplemental Appropriation to the Cemetery Enterprise Fund in the Amount of $1,026,546 to Fund Additional 2022 Operating Expenditures, and to the Cemetery Endowment Fund in the Amount of $368,968 for a Transfer to the Cemetery Enterprise Fund to Fund a Portion of Additional 2022 Operating Expenditures
Presenter:
Britt Haley, Acting Parks, Recreation and Cultural Services Director
Kim King, Recreation and Administration Manager
Chris Fiandaca, City Budget Manager
Body
Summary:
The Cemetery Enterprise is requesting a supplemental appropriation to the 2022 revenue and expenditure budgets in the amount of $1,026,546 to meet increased operational costs including a new mowing contract, increased water costs, and the purchase of a new columbarium. The increased operating costs also include a lease-purchase plan to begin replacing the Cemetery Enterprise's antiquated vehicles and equipment. The Cemetery Enterprise is estimating revenue over budget of $217,578, $440,000 in capital lease proceeds, with the remaining $368,968 from the Cemetery Enterprise Endowment Fund (Fund 605) as a transfer into the Cemetery Enterprise Fund.
Background:
The City of Colorado Springs owns two cemeteries, Evergreen and Fairview. The cemeteries are enterprise operations and, as such, revenues must cover expenses and add to the Enterprise fund balance when feasible. As the cost of providing cemetery services and meeting perpetual care responsibilities increases over time, the Enterprise periodically adjusts fees and charges to continue to cover the costs of operations. City Council approved at its July 26, 2022, meeting new fees and charges to be implemented January 1, 2023.
While the Enterprise is planning for increased costs as well as increased revenues in 2023, a number of items have occurred in 2022 which have escalated expenses beyond the budgeted allocation as well as capita...
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