Page 42 - Grapevine Budget FY21

Expenditures and Other Financing Uses

The FY 21 adopted budget is
comprised of total budgeted
expenditures across all funds
of $169 million, and
represents a decrease of $14
million (-8%) from the prior
year budget. Estimated
expenditures for the current
year (FY20) total $180 million
and represent an increase of $8
million from the FY19 total.
The large decrease is
attributed to the COVID-19
pandemic and the resultant
economic recession.

Personnel costs are the largest expenditure category, totaling $60.6 million (36%), and represent a
decrease of $1.1 million from the previous budget year. Estimated expenditures for the current year
total $61 and represent an increase of $1.3 million from FY19. There are no salary increases built
into the FY21 budget.

Services are the second largest expenditure category, totaling $43 million (25%), which is an
increase of $1.5 million from the previous budget year. The primary contributors are increased utility
costs and professional service fees rate related to the reopening and operation of the expanded
community activities center. An additional contributor is increased purchase costs imposed by the
Trinity River Authority (TRA) for treated water in Enterprise funds.

Debt Service is the third largest expenditure category, totaling $16.7 million, which is 9.9% of total
expenditures. Budgeted expenditures for FY21 decrease by $95,000 as a result of a restructure and
refinancing of existing debt in 2019.

Insurance (including health, life, dental, property/casualty, worker’s compensation, and auto) is
the fourth largest expenditure category, totaling $14.4 million (8.5%). The FY21 budget represents
a decrease of $600,000 from FY20.

Operating Transfers Out represent the fifth largest expenditure category, totaling $12.5 million, and
represents a decrease of $5.5 million (-33%) from the previous budget year. The sharp decrease is
due to the elimination of operating transfers from the General fund to the Quality of Life fund ($3
million) and to the Permanent Capital Maintenance fund ($3.28 million) due to a decline in sales tax
and use revenue due to the global pandemic caused by the outbreak of the COVID-19.

Expenditures for each governmental fund type will be discussed in depth in its respective section of
this document.

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