Page 173 - Grapevine FY19 Operating Budget

FY 2018-19 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
ECONOMIC DEVELOPMENT FUNDS (122 & 124)

2015-16 2016-17 2017-18 2017-18 2018-19
Actual Actual Budget Estimate Approved

BEGINNING FUND BALANCE: 21,529,337 20,372,508 3,521,453 3,521,453 3,187,507

OPERATING REVENUE:
Sales Tax 4,170,133 4,062,180 3,412,500 4,256,509 3,611,250
Interest Income 98,303 238,778 210,000 182,852 150,000
Miscellaneous 626 (10,704) 0 (3,526) 0
Total Operating Revenue 4,269,062 4,290,254 3,622,500 4,435,834 3,761,250

TOTAL REVENUE AND TRANSFERS 4,269,062 4,290,254 3,622,500 4,435,834 3,761,250

OPERATING EXPENDITURES:
Personnel 437,428 458,904 473,576 472,629 504,552
Supplies 20,454 7,104 6,300 6,287 6,300
Services 1,462,028 1,380,132 1,370,412 1,078,509 1,489,871
Insurance 0 0 0 0 58,083
Total Operating Expenditures 1,919,910 1,846,141 1,850,288 1,557,425 2,058,806

TRANSFERS OUT: 1,910,433 17,699,621 1,852,777 1,809,955 1,702,444

TOTAL EXPENDITURES AND TRANSFERS 3,830,343 19,545,762 3,703,065 3,367,380 3,761,250

SURPLUS / (DEFICIT) 438,719 (15,255,508) (80,565) 1,068,454 0

RESERVED FOR DEBT SERVICE 1,595,548 1,595,548 1,595,548 1,402,400 1,402,400

ENDING FUND BALANCE: 20,372,508 3,521,453 1,845,340 3,187,507 1,785,107

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