Page 180 - Grapevine FY20 Approved Budget

Expenditures and Other Financing Uses

Expenditures of Special Revenue funds total $65.9 million for FY20, an increase of $1.9 million
(3%) from the prior year’s budget. The Convention & Visitors fund accounts for the largest
percentage of expenditures, at 34%. The CCPD fund is the second largest cost center at 28%,
while the 4B Transit fund accounts for 17% of total expenditures. Total expenditures in FY19 are
estimated at $58.4 million, down $40 million (-41%) from the previous year. The decrease in
expenditures is due in large part to one-time transfers of $12 million from the Convention &
Visitors fund to the CIP fund in support of the construction of the Grapevine Main train station,
which will also house offices for CVB staff; and a one-time transfer of $28 million from the
Economic Development fund, also in support of the commuter rail project and Harvest Hall.

SPECIAL REVENUE FUNDS FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 FY-2020
Total Expenditures By Fund Actual Actual Actual Actual Estimate Approved

Convention & Visitors (1) $17,628,011 $18,299,208 $19,559,626 $32,396,860 $20,353,287 $22,556,423
CVB Incentives $1,867,575 $2,452,482 $3,242,414 $3,122,370 $3,769,095 $4,996,210
Stormwater Drainage $1,845,263 $1,171,487 $1,143,420 $1,154,167 $1,276,246 $1,403,131
Crime Control & Prevention $13,396,627 $14,070,170 $15,374,215 $16,520,473 $17,617,969 $18,428,614
Lake Parks $1,558,331 $1,778,552 $2,196,090 $2,472,858 $2,402,533 $2,921,340
4B Transit (2) $11,060,669 $9,881,507 $9,883,612 $9,815,379 $10,226,439 $11,106,218
Economic Development $2,924,434 $3,830,343 $24,276,928 $33,395,970 $2,750,925 $4,527,073
Total $50,336,736 $51,483,749 $75,676,305 $98,878,077 $58,396,494 $65,939,009
Increase / (Decrease) -$29,256,997 $1,147,013 $24,192,556 $23,201,772 -$40,481,583 $7,542,515
% Change -37% 2% 47% 31% -41% 13%

(1) Prior to FY15, also contained expenditures of CVB Incentives fund.
(2) Prior to FY14, also contained expenditures of the Economic Development fund.

Personnel expenses are the largest Convention & Visitors $7,009,317 32.0%
expenditure category, totaling 33% Stormwater Drainage $559,846 2.6%
of all budgeted expenditures. Crime Control & Prevention $13,379,045 61.1%
Personnel expenses are budgeted at Economic Development $523,466 2.4%
$21.9 million, an increase of $1.2
million (6%) from the previous Lake Parks $440,402 2.0%
budget year. Public safety Total $21,912,076 100.0%
employees in the Crime Control & Prevention (CCPD) fund account for 61% of the total. The
CCPD fund also contains the majority of total authorized positions with 131.0 full-time positions,
unchanged from the previous budget year.

Authorized positions (full-time positions only) total 69.0 in the Convention & Visitors Bureau
fund, 8.0 in the Stormwater Drainage fund, 4.5 in the Lake Parks fund, and 3.5 in the Economic
Development fund. Expenditures in FY19 are estimated at $19.5 million and represent a decrease
of $271,000 (1.4%) from FY18.

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