Page 128 - Grapevine FY19 Operating Budget

FY 2018-19 APPROVED OPERATING BUDGET
REVENUE DETAIL
CONVENTION & VISITORS BUREAU (FUNDS 115 & 216)
Change Change
From From
2015-16 2016-17 2017-18 2017-18 2018-19 FY17 FY18
Account / Description Actual Actual Budget Estimate Approved Actual Budget

31103 Occupancy Taxes - P & I 770 10 0 5,376 0 -100% 0%
31707 Occupancy Taxes 10,282,446 10,276,847 9,900,564 11,541,058 10,276,847 0% 4%
31708 Occupancy Taxes - Gaylord 3,672,384 3,571,988 3,362,587 3,924,810 4,036,907 13% 20%
OCCUPANCY TAXES 13,955,600 13,848,845 13,263,151 15,471,244 14,313,754 3% 8%

39160 Convention Center Rental 387,859 382,699 530,000 435,276 385,000 1% -27%
39161 Palace Rental 243,560 285,576 284,000 316,308 273,000 -4% -4%
39174 Concourse Rental 65,915 71,943 77,000 121,906 72,000 0% -6%
FACILITY RENTAL 697,334 740,218 891,000 873,491 730,000 -1% -18%
39230 Interest Income from Investments 5,854 27,323 50,000 79,821 15,000 -45% -70%
39232 Interest Income - Festival 15,335 32,985 0 81,834 0 -100% 0%
39233 Interest Income - Train 21,816 47,796 0 100,434 0 -100% 0%
39234 Interest Income - Sister City 305 632 0 1,386 0 -100% 0%
39235 Interest Income - GWPS 169 368 0 749 0 -100% 0%
39250 Change in Investment Value (592) (1,171) 0 (2,494) 0 -100% 0%
INTEREST INCOME 42,887 107,933 50,000 261,730 15,000 -86% -70%

39162 Palace Food & Beverage Sales 98,692 108,409 114,000 154,561 107,000 -1% -6%
39163 Palace - Concert/Ticket Sales 122,780 167,650 83,000 150,806 147,000 -12% 77%
39164 CCOT 68,758 107,397 135,000 81,746 104,000 -3% -23%
39173 Concourse Food & Beverage 63,492 55,311 51,000 51,508 56,000 1% 10%
39176 Convention Ctr Food & Beverage 215,773 192,431 200,000 232,335 200,000 4% 0%
39177 Catering % of Sales 50,917 62,089 50,000 66,544 56,000 -10% 12%
SALES & MERCHANDISE 620,413 693,286 633,000 737,500 670,000 -3% 6%

TRAIN OPERATIONS 2,010,032 2,193,028 1,900,000 2,414,651 1,900,000 -13% 0%
FESTIVALS & NEW VINTAGE 3,743,242 3,784,733 3,400,000 3,422,822 3,700,000 -2% 9%

38420 Shuttle Fare Revenue 142,827 114,565 135,000 103,151 135,000 18% 0%
39999 Misc. Income - Shuttle 1,667 0 0 0 0 0% 0%
VISITOR SHUTTLE SYSTEM 144,493 114,565 135,000 103,151 135,000 18% 0%
34878 Sub Lease Rental Income 179,643 182,392 184,692 176,393 184,692 1% 0%
38600 Sister City Revenue 11,404 16,851 25,000 11,568 25,000 48% 0%
38620 Wine Pouring Society Revenue 9,035 12,096 20,000 10,129 20,000 65% 0%
39179 Liberty Park 702 350 0 300 0 -100% 0%
39180 Cotton Belt 4,933 6,434 0 9,467 0 -100% 0%
39951 Resale of Labor/Material/Service 118,824 95,575 83,000 105,876 83,000 -13% 0%
39995 Over / Short 5 20 0 2 0 -100% 0%
39999 Miscellaneous Income 172,917 142,105 50,000 45,074 70,000 -51% 40%
MISCELLANEOUS 497,464 455,823 362,692 358,809 382,692 -16% 6%

TOTAL OPERATING REVENUE 21,711,466 21,938,430 20,634,843 23,643,399 21,846,446 0% 6%
53114 Operating Trf In from Spec Rev 0 0 0 2,261 0 0% 0%
53120 Operating Trfr In from 4B Fund 331,126 330,613 385,150 348,816 444,610 34% 15%
TRANSFERS IN 331,126 330,613 385,150 351,077 444,610 34% 15%

TOTAL CVB REVENUE 22,042,591 22,269,044 21,019,993 23,994,476 22,291,056 0% 6%

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