Page 181 - Grapevine FY20 Approved Budget

Supplies are budgeted at $1.75 Convention & Visitors $869,550 49.5%
million for FY20 and are virtually CVB Incentives $100,000 5.7%
unchanged from the previous year. Stormwater Drainage $29,700 1.7%
Expenditures in FY19 are estimated Crime Control & Prevention $566,339 32.2%
at $2.3 million and represent an
increase of $100,000 from the Economic Development $6,300 0.4%
previous year. Supplies represent Lake Parks $184,250 10.5%
3% of Special Revenue Fund Court Technology
expenditures, the same as the Total $1,756,139 100.0%
previous budget year.

Services are budgeted at $19.8 Convention & Visitors $10,214,986 51.4%
million for FY20 and represent an CVB Incentives $4,896,210 24.6%
increase of $580,000 (3%) from the Stormwater Drainage $204,525 1.0%
previous budget year. Expenditures Crime Control & Prevention $1,260,612 6.3%
in the Convention & Visitors fund
are budgeted at $10.2 million and Lake Parks $1,062,416 5.3%
represent 51% of the total. Economic Development $2,231,816 11.2%
Expenditures for services in the Total $19,870,565 100.0%
CCPD fund are budgeted at $1.2 million and are primarily comprised of charges for fleet
maintenance charges, and technology charges. Total expenditures for services in FY19 were $21.4
million and represent an increase of $300,000 from the prior year. Services represent 30% of
Special Revenue Fund expenditures.

Insurance charges are budgeted at Convention & Visitors $1,308,164 6.0%
$4.6 million and represent no Stormwater Drainage $162,060 0.7%
increase from the previous budget Crime Control & Prevention $3,068,318 14.0%
year. This category includes Economic Development $58,097 0.3%
employee health/life/dental costs as
well as property and casualty costs. Lake Parks $86,629 0.4%
Beginning in FY19, the allocation Total $4,683,268 21.4%
also included costs for retiree coverage for each respective operating fund.

Transfers Out are budgeted at $5.5 Convention & Visitors $2,532,906 46.0%
million and remain virtually Stormwater Drainage $112,000 2.0%
unchanged from the previous Economic Development $1,707,394 31.0%
budget year. Expenditures in this 4B Transit $464,486 8.4%
category primarily consist of
administrative fee payments to the Lake Parks $689,893 12.5%
General fund in lieu of taxes. Other Total $5,506,679 100.0%
transfers include principal and interest payments to the Debt Service fund and funding for
replacement vehicles and equipment purchased via the Capital Equipment Acquisition fund.
Actual expenditures in FY19 totaled $6.1 million. Transfers represent 8% of Special Revenue
Fund expenditures.

173