Page 30 - Grapevine FY19 Operating Budget

Revenue and Other Financing Sources

Total City revenue (all
funding sources) is budgeted
at $177.9 million, an increase
of $2.1 million (1.2%) from
the previous year. General
Government revenue is
projected to increase by $1.6
million over the prior year as
both sales tax and mixed
beverage tax collections are
projected to increase. Ad
Valorem tax collections in the
Debt Service fund increase
7.3% ($875,000) from the
prior year. Special Revenue fund segments are projecting revenue increases of $1.1 million (1.8%)
due to projected increases in hotel occupancy tax collections. Enterprise fund revenue is projected
to decrease by $600,000 based on projected lower water and wastewater revenue and rounds of
golf played.

Taxes (Ad Valorem, Sales & Use, Mixed Beverage, and Hotel Occupancy) comprise the largest
revenue stream at $99 million (56%) and represent an increase of $3.5 million from the prior year.
Sales & Use taxes, the largest component, are budgeted at $55.9 million, of which $30.7 million is
in the General Government sector and $25.2 million is in the Special Revenue sector.

Charges for Services are the second largest revenue stream at $47.5 million (26%) and represent
an increase of $330,000 from the previous year. General Government charges are projected at
$9.19 million. Special Revenue charges are projected at $11.4 million and Enterprise Fund
charges are projected at $26.9 million.

Transfers In are the fifth largest revenue stream at $17 million (9.6%) and represent an increase of
$1.6 million from the previous year, due to increases in operating transfers to the General fund.

Revenue for each governmental fund type will be discussed in depth in its respective section of this
document.

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