Page 138 - Grapevine Budget FY21

Expenditures and Other Financing Uses

Expenditures of Special Revenue funds total $60 million for FY21, a decrease of $4 million (6%)
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 30%, while the 4B
Transit fund accounts for 15% of total expenditures. Total expenditures in FY20 are estimated at
$62.5 million, down $1.5 million 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-2017 FY-2018 FY-2019 FY-2020 FY-2021
Total Expenditures By Fund Actual Actual Actual Budget Approved

Convention & Visitors (1) $19,559,626 $32,396,860 $22,256,698 $22,556,423 $20,337,137
CVB Incentives $3,242,414 $3,122,370 $5,286,581 $4,996,210 $4,716,651
Stormwater Drainage $1,143,420 $1,154,167 $1,419,312 $1,403,131 $1,344,592
Crime Control & Prevention $15,374,215 $16,520,473 $17,688,130 $18,428,614 $17,808,172
Lake Parks $2,196,090 $2,472,858 $2,755,632 $2,921,340 $2,879,687
4B Transit (2) $9,883,612 $9,815,379 $10,833,750 $11,106,218 $9,218,161
Economic Development $24,276,928 $33,395,970 $3,761,250 $4,527,073 $3,763,721
Total $75,676,305 $98,878,077 $64,001,353 $65,939,009 $60,068,121
Increase / (Decrease) $24,192,556 $23,201,772 -$34,876,724 $1,937,656 -$5,870,888
% Change 47% 31% -35% 3% -9%

(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 $6,568,222 31.3%
expenditure category, totaling 35% Stormwater Drainage $544,184 2.6%
of all budgeted expenditures. Crime Control & Prevention $12,957,073 61.8%
Personnel expenses are budgeted at Economic Development $533,637 2.5%
$20.9 million, a decrease of
$100,000 from the previous budget Lake Parks $377,262 1.8%
year. Public safety employees in Total $20,980,378 100.0%
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 FY20 are estimated at $20.3 million and represent an increase
of $800,000 from FY19.

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