Page 64 - Grapevine Budget FY21

Miscellaneous revenue includes sales of salvage and fixed assets, insurance reimbursements and
income from tower and ground communications leases. Income from subrogation of insurance
claims is budgeted at $130,000 and remains unchanged from the previous year. Income from
tower/ground communications leases is budgeted at $260,000 and remains unchanged from the
previous year. Total miscellaneous revenue is budgeted at $1million for FY21.

Transfers In represents those revenues that are transferred from one fund to another as a
payment in lieu of Ad Valorem taxation, gross receipts charges, and indirect operating costs.
Administrative fees paid to the General fund from the Utility, Convention & Visitors, Lake
Enterprise, 4B, Lake Parks and Stormwater Drainage funds total $4.2 million, a decrease of
$300,000 from the previous year.

Transfers to the Debt Service fund for principal and interest payments on debt issued to finance
capital improvements of non-General Government funds total $2.4 million, a slight increase from
the previous year. Total General Government transfers in FY21 equal $6.6 million and represent
8% of revenues.

OPERATING FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 FY-2020
TRANSFERS IN

Utility Enterprise 1,587,535 1,650,769 1,826,307 1,919,146 1,743,710 1,866,000
Convention & Visitors 3,282,348 2,547,613 2,509,608 2,542,980 2,556,024 2,441,196
Golf 75,709 98,831 108,147 107,254 106,997 111,463
Stormwater Drainage 423,158 106,775 112,127 109,407 112,059 112,000
General (Cap. Maint) 3,279,000 3,279,000 3,279,000 2,645,000 3,020,000 3,279,000
Lake Parks 405,759 72,951 144,381 163,088 107,023 689,893
4B Transit - - - - - -
Economic Development 1,893,234 1,910,433 1,899,842 1,919,192 1,736,070 1,707,394

Collections $10,946,744 $9,666,371 $9,879,412 $9,406,067 $9,381,882 $10,206,946
Gain / (Loss) $2,046,395 ($1,280,372) $213,041 ($473,345) ($24,185) $825,065
% Change 23.0% -11.7% 2.2% -4.8% -0.3% 8.8%

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