Page 179 - Grapevine FY19 Operating Budget

Revenue and Other Financing Sources

FY19 revenue is budgeted at $27.5 million, a decrease of $603,576 (-2%) from the previous year’s
budget. A vast majority (98%) consists of charges for services, which represent water and
wastewater services in the Utility fund, and golf course services in the Lake Enterprise fund.

Water Sales are budgeted at $15.6 million, down $340,000 from last year’s budget of $15.9 million.
Water sales in FY18 were $16.2 million and represent a 12% increase from the previous year.

WATER SALES FY-2013 FY-2014 FY-2015 FY-2016 FY-2017 FY-2018

Collections $12,058,529 $13,215,522 $13,119,439 $13,869,776 $14,505,702 $16,200,313
Gain / (Loss) ($275,241) $1,156,993 ($96,083) $750,337 $635,926 $1,694,611
% Change -2% 10% -1% 6% 5% 12%

Wastewater Charges are budgeted at $8 million, down $461,000 (-5%) from the previous year.
Revenue in this category increased by $322,166 last year, which represents a change of 4%.
Combined water and wastewater charges represent 88% of revenue in the Enterprise Funds category.

WASTEWATER FY-2013 FY-2014 FY-2015 FY-2016 FY-2017 FY-2018
SALES

Collections $6,629,881 $7,645,169 $7,581,393 $7,909,288 $8,054,884 $8,377,050
Gain / (Loss) $96,580 $1,015,288 ($63,776) $327,895 $145,596 $322,166
% Change 1% 15% -1% 4% 2% 4%

Golf Course Green Fees are budgeted at $1.47 million and represent an increase of $90,000 from
the previous year. Actual green fee revenue in FY18 totaled $1.43 million and represented a decline
of (-1%) from the previous year.

GOLF COURSE FY-2013 FY-2014 FY-2015 FY-2016 FY-2017 FY-2018
GREEN FEES

Collections $1,525,024 $1,471,201 $1,009,243 $1,317,741 $1,441,966 $1,430,023
Gain / (Loss) ($41,754) ($53,823) ($461,958) $308,498 $124,225 ($11,943)
% Change -3% -4% -31% 31% 9% -1%

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