Page 139 - Grapevine Budget FY21

Supplies are budgeted at $1.45 Convention & Visitors $611,150 42.1%
million for FY21 and are virtually CVB Incentives $60,000 4.1%
unchanged from the previous year. Stormwater Drainage $29,700 2.0%
Expenditures in FY20 are estimated Crime Control & Prevention $566,339 39.0%
at $2.3 million and represent an
increase of $100,000 from the Economic Development $5,600 0.4%
previous year. Supplies represent Lake Parks $178,150 12.3%
2% of Special Revenue Fund Court Technology
expenditures, the same as the Total $1,450,939 100.0%
previous budget year.

Services are budgeted at $17.9 Convention & Visitors $9,234,123 51.4%
million for FY21 and represent an CVB Incentives $4,656,651 25.9%
increase of $1.6 million (8.2%) Stormwater Drainage $206,792 1.2%
from the previous budget year.
Expenditures in the Convention & Crime Control & Prevention $1,280,612 7.1%
Visitors fund are budgeted at $9.2 Lake Parks $1,092,029 6.1%
million and represent 51% of the Economic Development $1,481,620 8.3%
total. Expenditures for services in Total $17,951,827 100.0%
the 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 FY20 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 $1,356,455 6.5%
$4.4 million and represent no Stormwater Drainage $120,166 0.6%
increase from the previous budget Crime Control & Prevention $2,869,848 13.7%
year. This category includes Economic Development $51,141 0.2%
employee health/life/dental costs as
well as property and casualty costs. Lake Parks $79,603 0.4%
Beginning in FY19, the allocation Total $4,477,213 21.3%
also included costs for retiree coverage for each respective operating fund.

Transfers Out are budgeted at $5.2 Convention & Visitors $2,257,387 43.3%
million and remain virtually Stormwater Drainage $108,750 2.1%
unchanged from the previous 4B Transit $464,141 8.9%
budget year. Expenditures in this Lake Parks $689,893 13.2%
category primarily consist of
administrative fee payments to the Crime Control & Prevention $0 0.0%
General fund in lieu of taxes. Other Total $5,211,894 100.0%
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 FY20 totaled $6.1 million. Transfers represent 89 of Special Revenue Fund
expenditures.

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