Page 75 - Grapevine FY20 Approved Budget

Services are budgeted at $12.2 million and represent a $674,000 increase (6%) from the FY19
budget. Professional services, defined as services that by their nature can be performed by
persons or firms with specialized skills and knowledge who are non-City employees, represents
the largest segment of the category, at $4.8 million for FY20. Utility costs
(electricity/gas/water/telephone) represent the second-largest segment at $2.9 million, and
represent an increase of $170,000 over the previous year. Actual expenditures in FY19 are
estimated to total $12.5 million, and represent an increase of 8.8% from FY18. Expenditures for
services account for 14% of General Government expenditures.

SERVICES FY-2014 FY-2015 FY-2016 FY-2017 FY-2018 FY-2019
GENERAL FUND

Expenditures $9,567,829 $10,083,364 $11,538,851 $11,642,216 $11,535,895 $12,548,552
Increase / (Decrease) $695,416 $515,535 $1,455,487 $103,365 ($106,321) $1,012,657
% Change 7.8% 5.4% 14.4% 0.9% -0.9% 8.8%

Insurance Costs, which include property, casualty and health insurance, are budgeted at $8.8
million, and are virtually unchanged from the previous year’s budget amount. Property and
casualty (P&C) expenditures are budgeted at $1.8 million, no change from the prior year. Actual
P&C expenditures in FY19 are estimated at $1.67million and represent an increase of $175,000
from the prior year.

Health insurance costs, which include medical, dental, vision, and life coverage, is budgeted at
$7 million and represent an increase of $500,000 from the FY19 budget. Actual costs for FY19
are estimated at $4.6 million, and represents a projected decrease of $5.9 million from the
previous year. Risk Management continues to actively monitor trends and patterns in healthcare
in an attempt to improve plan offerings to employees and to lower costs.

HEALTH INSURANCE FY-2014 FY-2015 FY-2016 FY-2017 FY-2018 FY-2019
GENERAL FUND

Expenditures $8,063,163 $9,424,122 $10,170,245 $12,503,924 $10,491,026 $4,593,951
Increase / (Decrease) $814,682 $1,360,959 $746,123 $2,333,679 ($2,012,898) ($5,897,075)
% Change 11.2% 16.9% 7.9% 22.9% -16.1% -56.2%

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