Page 12 - Grapevine FY20 Approved Budget

Goals and Objectives

The goals and objectives for the upcoming year remain focused on the Council’s vision of
maintaining Grapevine as a safe, livable, vibrant community and a world-class tourist destination.
The goals, as established in January 2007, are as follows:

 Maintain financial stability and strong fiscal management
 Sustain existing programs at high service levels
 Provide a safe, secure community
 Address future transportation needs
 Continue to enhance tourism development
 Invest in “Quality of Life” capital projects

The City has developed strategic objectives in relation to each of the goals listed above. A review
of FY 2019 accomplishments and FY 2020 program highlights for each goal is outlined below.

FY 2019 ACCOMPLISHMENTS:

Goal: Maintain financial stability and strong fiscal management

• License & Permit revenue increased by $332,000 (20%), led by a $290,000 increase in
building permits.

• Sales and Use tax collections increased by $6 million (10%).

• Water & Wastewater Purchase/Storage/Treatment costs decreased by $1.7 million (15%).

• The General, Debt Service, Utility Enterprise, Convention & Visitors and Stormwater
Drainage funds ended FY19 with healthy fund balances that meet or exceed their requirement.

• Total fund balances Citywide increased by $16 million (24%).

Goal: Sustain existing programs at high service levels

• There was no marked impact on service delivery and no reductions in force.

• In departments with staffing vacancies, the utilization of part-time and temporary staff enabled
us to maintain existing programs at high service levels, while also decreasing costly overtime
expenditures in the General fund by $229,000 (19%).

• Cash financing of capital facilities and street maintenance programs were unaffected; cash
purchases of vehicles and equipment critical to maintain existing service levels were approved.

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