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Committee approves $132,744 transfer for cemetery capital improvements
Summary
Peabody's finance committee voted 5-0 to transfer $132,744 to cemetery capital improvements, funded by $80,000 from lot/grave sales and $52,744 from perpetual care.
The Peabody City Council Finance Committee approved a $132,744 transfer to the cemetery capital improvement account, drawing $80,000 from cemetery sales of lots and graves and $52,744 from perpetual care funds.
Finance staff (Mr. Gingras) said the Cemetery Commission and the cemetery superintendent review expenses annually and request funding for necessary work, which is typically funded from perpetual care and the sale of lots and graves. "Again, this is another item that we generally take this time of year where the cemetery commission and the cemetery commissioner superintendent, go through and, look at their expenses that they're gonna need for the upcoming year and fund it through, perpetual care and sale of lots and graves," Gingras said.
Councilor Gould moved to transfer $80,000 from cemetery sales of lots and graves (account 27033006) and $52,744 from cemetery perpetual care (account 500000032303) to cemetery capital improvement account 30004910558608 for a total of $132,744. The committee recorded a roll-call vote of five yes, zero no; the motion carried 5-0.
No amendments or conditions were recorded. Staff presented the transfer as routine, based on the Cemetery Commission's identified capital needs; no specific capital projects were described in the transcript.
