Page 10 - Grapevine FY22 Adopted Budget v2
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City-Wide Compensation
The FY2022 budget builds upon previous year efforts to maintain compensation at the 50th percentile
of market median. Following an FY2021 two percent market adjustment, the FY2022 budget
programs an additional two percent merit increase for general employees and a two-step increase for
public safety personnel.
All Funds
Across all funds, the city’s FY2022 operating budget totals $172,837,299 which is an increase of $3.6
million (2%) from FY2021. A chart of all funds is depicted below.
Debt
In September 2021, the City of Grapevine issued $11 million in Certificate of Obligation debt.
Proceeds of the issuance will be split between street improvement, vehicle replacement, and other
capital and technology related projects.
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