Page 195 - Grapevine Budget FY21

Revenue and Other Financing Sources

Total revenue for Enterprise funds is budgeted at $27.5 million for FY21, virtually unchanged
from the previous year’s budget. A vast majority (97%) consists of charges for services, which
represent water and wastewater services in the Utility fund, and golf course services in the Golf
fund.

Water Sales are budgeted at $15.6 million, a decrease of $50,000 from last year’s budget. Water
sales in FY20 were $15.5 million and represent an increase of $1.1 million (8%) from the prior
year as an abnormally wet spring significantly impacted water sales for irrigation purposes.

WATER SALES FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 FY-2020

Collections $13,119,439 $13,869,776 $14,505,702 $16,267,722 $14,469,501 $15,589,962
Gain / (Loss) ($96,083) $750,337 $635,926 $1,762,020 ($1,798,221) $1,120,462
% Change -1% 6% 5% 12% -11% 8%

Wastewater Charges are budgeted at $8 million, no change from the previous year. Revenue in
this category declined by $297,849 in FY20, which represents a change of -4%. Combined water
and wastewater charges represent 88% of revenue in the Enterprise Funds category.

WASTEWATER FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 FY-2020
SALES

Collections $7,581,393 $7,909,288 $8,054,884 $8,371,685 $8,033,819 $7,735,969
Gain / (Loss) ($63,776) $327,895 $145,596 $316,801 ($337,866) ($297,849)
% Change -1% 4% 2% 4% -4% -4%

Golf Course Green Fees are budgeted at $1.37 million and represent a decrease of $55,000 from
the previous year. Actual green fee revenue in FY20 totaled $1.48 million and represented an
increase of $59,895 (4%) from the previous year.

GOLF COURSE FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 FY-2020
GREEN FEES

Collections $1,009,243 $1,317,741 $1,441,966 $1,430,023 $1,426,621 $1,486,516
Gain / (Loss) ($461,958) $308,498 $124,225 ($11,943) ($3,402) $59,895
% Change -31% 31% 9% -1% 0% 4%

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