Page 66 - Grapevine Budget FY21

Services are budgeted at $11.5 million and represent a $700,000 decrease (5.7%) from the FY20
budget. Professional services, defined as services that by their nature can be performed by
persons or firms with specialized skills and knowledge who are non-City employees, represents
the largest segment of the category, at $4.8 million for FY21. Utility costs
(electricity/gas/water/telephone) represent the second-largest segment at $2.9 million, and
represent an increase of $170,000 over the previous year. Actual expenditures in FY20 are
estimated to total $13 million, and represent an increase of 1.1% from FY19. Expenditures for
services account for 14% of General Government expenditures.

SERVICES FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 FY-2020
GENERAL FUND

Expenditures $10,083,364 $11,538,851 $11,642,216 $11,535,895 $12,923,700 $13,059,515
Increase / (Decrease) $515,535 $1,455,487 $103,365 ($106,321) $1,387,805 $135,815
% Change 5.4% 14.4% 0.9% -0.9% 12.0% 1.1%

Insurance Costs, which include property, casualty and health insurance, are budgeted at $8.4
million, and represent a decrease of $400,00 from the previous year’s budget amount. Property
and casualty (P&C) expenditures are budgeted at $1.3 million, no change from the prior year.
Actual P&C expenditures in FY20 are estimated at $1.67 million and represent an increase of
$175,000 from the prior year.

Health insurance costs, which include medical, dental, vision, and life coverage, is budgeted at
$7 million and represent a decrease of $100,000 from the FY20 budget. Actual costs for FY20
are estimated at $8.6 million, and represents a projected increase of $1.9 million from the
previous year. Risk Management continues to actively monitor trends and patterns in healthcare
in an attempt to improve plan offerings to employees and to lower costs.

HEALTH INSURANCE FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 FY-2020
GENERAL FUND

Expenditures $9,424,122 $10,170,245 $12,503,924 $10,491,026 $6,712,059 $8,608,454
Increase / (Decrease) $1,360,959 $746,123 $2,333,679 ($2,012,898) ($3,778,967) $1,896,395
% Change 16.9% 7.9% 22.9% -16.1% -36.0% 28.3%

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