Page 185 - Grapevine FY20 Approved Budget

FY 2019-20 APPROVED OPERATING BUDGET
REVENUE DETAIL
CONVENTION & VISITORS BUREAU (FUNDS 115 & 216)
Change Change
From From
2016-17 2017-18 2018-19 2018-19 2019-20 FY18 FY19
Account / Description Actual Actual Budget Estimate Approved Actual Budget

31707 Occupancy Taxes 10,276,847 10,647,168 10,276,847 12,165,922 10,570,092 -1% 3%
31708 Occupancy Taxes - Gaylord 3,571,988 3,924,810 4,036,907 3,782,845 4,212,704 7% 4%
OCCUPANCY TAXES 13,848,845 14,577,354 14,313,754 15,948,793 14,782,796 1% 3%
39160 Convention Center Rental 382,699 436,486 385,000 431,117 440,000 1% 14%
39161 Palace Rental 285,576 315,943 273,000 274,481 310,000 -2% 14%
39174 Concourse Rental 71,943 121,906 72,000 62,255 65,000 -47% -10%
FACILITY RENTAL 740,218 874,336 730,000 767,853 815,000 -7% 12%

39230 Interest Income from Investments 27,323 79,821 15,000 45,654 30,000 -62% 100%
39232 Interest Income - Festival 32,985 81,834 0 128,915 65,000 -21%
39233 Interest Income - Train 47,796 100,434 0 172,069 85,000 -15%
39234 Interest Income - Sister City 632 1,386 0 2,251 1,200 -13%
39235 Interest Income - GWPS 368 749 0 660 350 -53%
INTEREST INCOME 107,933 261,730 15,000 349,550 181,550 -31% 1110%
39162 Palace Food & Beverage Sales 108,409 154,561 107,000 110,764 125,000 -19% 17%
39163 Palace - Concert/Ticket Sales 167,650 159,835 147,000 175,585 175,000 9% 19%
39164 CCOT 107,397 81,746 104,000 148,310 120,000 47% 15%
39173 Concourse Food & Beverage 55,311 51,508 56,000 55,308 49,000 -5% -13%
39176 Convention Ctr Food & Beverage 192,431 232,586 200,000 201,564 215,000 -8% 8%
39177 Catering % of Sales 62,089 67,222 56,000 61,667 64,800 -4% 16%
SALES & MERCHANDISE 693,286 747,459 670,000 753,200 748,800 0% 12%

TRAIN OPERATIONS 2,193,028 2,402,155 1,900,000 3,807,459 2,100,000 -13% 11%

FESTIVALS & NEW VINTAGE 3,784,733 3,434,008 3,700,000 3,267,109 3,500,000 2% -5%
VISITOR SHUTTLE SYSTEM 114,565 103,346 135,000 77,350 90,000 -13% -33%

34878 Sub Lease Rental Income 182,392 176,393 184,692 179,242 187,773 6% 2%
38600 Sister City Revenue 16,851 11,568 25,000 9,678 15,000 30% -40%
38620 Wine Pouring Society Revenue 12,096 8,686 20,000 14,654 15,000 73% -25%
39179 Liberty Park 350 300 0 450 600 100%
39180 Cotton Belt 6,434 9,762 0 8,375 5,800 -41%
39951 Resale of Labor/Material/Service 95,575 113,726 83,000 93,036 87,000 -24% 5%
39999 Miscellaneous Income 142,105 47,909 70,000 28,196 45,000 -6% -36%
MISCELLANEOUS 455,823 368,345 382,692 333,632 356,173 -3% -7%

53114 Operating Trf In from Spec Rev 0 2,261 0 0 0 -100% 0%
53120 Operating Trfr In from 4B Fund 330,613 348,816 444,610 429,479 464,486 33% 4%
53200 Operating Trf In from Util Fund 0 0 0 100,000 0
TRANSFERS IN 330,613 351,077 444,610 529,479 464,486 32% 4%

TOTAL CVB REVENUE 22,269,044 23,119,809 22,291,056 25,834,423 23,038,805 0% 3%

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