Page 187 - Grapevine Budget FY21

FY 2020-21 APPROVED OPERATING BUDGET
4B ECONOMIC DEVELOPMENT FUNDS
4B TRANSIT SUMMARY
FUND 120

2017-18 2018-19 2019-20 2019-20 2020-21
EXPENDITURES BY OBJECT Actual Actual Budget Estimate Approved
Services 9,466,562 10,046,960 10,641,732 8,642,110 8,754,020
Transfers 348,816 429,479 464,486 336,524 464,141

Total 9,815,378 10,476,439 11,106,218 8,978,634 9,218,161

OBJECTIVES

- Provide funding for the development of commuter rail service. Voters approved a 3/8-cent sales tax increase that commenced on
April 1, 2007.
- Accumulate funding for the land acquisition, design, construction and operation of a passenger rail station.
-
Provide funding for 50% of the operations of the Grapevine Visitor Shuttle system.

2017-18 2018-19 2019-20 2019-20 2020-21
PERFORMANCE INDICATORS Actual Actual Budget Estimate Approved

Contractual payments to Trinity Metro $9,077,750 $9,466,562 $10,389,140 $8,642,110 $8,754,020

Transfers to Grapevine Visitor Shuttle system $348,816 $429,479 $464,486 $336,524 $464,141

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