Page 180 - Grapevine FY19 Operating Budget

The number of golf rounds played in FY18 is estimated at 65,000 and represents a 1% increase from
the previous year’s total of 64,424.

GOLF ROUNDS FY-2013 FY-2014 FY-2015 FY-2016 FY-2017 FY-2018
PLAYED

Rounds 69,008 68,368 48,689 55,905 64,424 65,000
Gain / (Loss) (1,551) (640) (19,679) 7,216 8,519 576
% Change -2% -1% -29% 15% 15% 1%

Expenditures and Other Financing Uses

Expenditures of Enterprise funds in FY18 are budgeted at $32.5 million and represent an increase of
$4.7 million (17%) from the prior year budget. Utility fund operations account for 87% of the total,
while Golf course operations account for 13%.

Personnel expenses are budgeted at $5.1 million, an increase of $257,000 (5%) from the previous
year. Included in the personnel budgets is a 3% across-the board market adjustment and a 2% merit
salary increase. Personnel expenses in the Utility fund, budgeted at $3.68 million in FY19, account
for 70% of total personnel costs.

ENTERPRISE FUND FY-2013 FY-2014 FY-2015 FY-2016 FY-2017 FY-2018
PERSONNEL COSTS

Utility Fund $2,916,458 $3,064,911 $3,039,974 $3,254,832 $3,084,394 $3,464,040
Golf Fund $1,287,063 $1,114,299 $1,164,779 $1,382,107 $1,404,999 $1,393,746
Total $4,203,521 $4,179,210 $4,204,753 $4,636,939 $4,489,393 $4,857,786

Increase / (Decrease) $119,612 ($24,311) $25,543 $432,186 ($147,546) $368,393
% Change 2.9% -0.6% 0.6% 10.3% -3.2% 8.2%

Personnel costs in FY18 totaled $4.85 million and represented an increase of $368,393 (8.2%) from
the previous year. Total authorized positions in FY19 are 70.0 FTE.

Services are budgeted at $13.43 million, and represent a decrease of $1.87 million (-12%) from the
prior year. The majority of the change is due to insurance costs being recorded in a separate category.

Utility costs for FY19 are budgeted at $900 million and represent a decrease of $200,000 from the
previous year’s budget. Actual utility expenses in FY18 were $785,159 and represented a decrease
of -5% from FY17.

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