Page 36 - Burleson FY22 City Budget

Budget Overview

Proposed FY 2021‐2022 Budget

CEMETERY FUND

The Cemetery (Operations) Fund is an enterprise fund used to account for the cost of operating
the Burleson Memorial Cemetery. Operations are financed by revenues from the sale of
cemetery lots and interest on investments. Revenues are projected at $30,746 in FY 2021‐22.
Expenditures are projected at $20,550. The end‐of‐year working capital in the Cemetery Fund is
projected to be $253,247 in FY 2021‐22.

EQUIPMENT SERVICES FUND
The Equipment Service Fund is an internal service fund used to enhance accountability for the
expenses associated with vehicle and equipment operation. All costs associated with these
operations are charged to the using department to offset the proposed budget expenses of this
fund. Revenues in the proposed FY 2021‐22 budget are projected at $1,314,761. Fund
expenditures are projected at $1,391,234. The projected end‐of‐year working capital in the
Equipment Service Fund for FY2021‐22 is budgeted to be $65,129.

EQUIPMENT REPLACEMENT FUNDS

There are two Equipment Replacement funds: the Governmental Equipment Replacement
Fund, and the Proprietary Equipment Replacement Fund. The Proprietary Equipment
Replacement Fund is used as a funding, management, and planning tool that provides a
systematic approach to the replacement of city‐owned vehicles and equipment used by the
Water and Wastewater Fund. The Governmental Equipment Replacement Fund Provides for
the replacement of vehicles and equipment utilized by all other City departments. The funds
are proprietary, internal service funds that enable the City to fund major equipment purchases
without substantially affecting the stability of the ad valorem tax rate.

GOVERNMENTAL EQUIPMENT REPLACEMENT FUND

Revenues and Expenditures
Revenues in this fund for FY2021‐22 are projected at $1,766,802. Expenditures are estimated to
be $1,136,000. The fund is scheduled to replace nine (9) pieces of equipment including four (4)
Police vehicles and one (1) for Fire. The end‐of‐year working capital in the Governmental
Equipment Replacement Fund is projected to increase by $630,802 with a working capital
balance of $5,293,386.

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