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Committee recommends $1,658.67 withdrawal from Prairie Home Cemetery perpetual care trust
Summary
Finance Committee recommended that the City Council approve withdrawal of $1,658.67 from the Prairie Home Cemetery perpetual care trust to clear a receivable and deposit to the cemetery operating fund; staff explained differences in trust accounting and the trustee's definition of net income.
The Waukesha City Finance Committee on April 8 voted unanimously to recommend that the Common Council approve a $1,658.67 withdrawal from the Prairie Home Cemetery perpetual care trust to be deposited into the cemetery operating fund.
City staff explained the request is intended to net out an accounting receivable that accumulated between the cemetery operating fund and the perpetual care trust. Joe Sherrow (city staff)…
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