Page 147 - Grapevine FY22 Adopted Budget v2

Supplies are budgeted at $1.4
million for FY22 and $40,000 less Convention & Visitors 492,125 34.9%
than the previous year. CVB Incentives $100,000 7.1%
Expenditures in FY21 are Stormwater Drainage 29,700 2.1%
estimated at $922,000 and Crime Control & Prevention 555,669 39.5%
represent a decrease of $1.3 Economic Development 5,600 0.4%
million from the previous year. Lake Parks $225,050 16.0%
Supplies represent 2% of Special Total $1,408,144 100.0%
Revenue Fund expenditures, the
same as the previous budget year.

Services are budgeted at $17 Convention & Visitors $8,209,077 48.1%
million for FY22 and represent CVB Incentives $4,100,690 24.0%
decrease of $891,000 (5%) from
the previous budget year. Stormwater Drainage $217,580 1.3%
Expenditures in the Convention & Crime Control & Prevention $1,767,307 10.4%
Visitors fund are budgeted at $8.2 Lake Parks $1,204,616 7.1%
million and represent 48% of the Economic Development $1,568,716 9.2%
total. Expenditures for services in Total $17,067,986 100.0%
the CCPD fund are budgeted at
$1.7 million and are primarily comprised of charges for fleet maintenance charges, and technology
charges. Total expenditures for services in FY21 were $14.4 million. Services represent 28% of
Special Revenue Fund expenditures.

Insurance charges are budgeted
at $4.9 million and represent a Convention & Visitors $1,431,556 28.7%
$500,000 increase from the Stormwater Drainage $185,765 3.7%
previous budget year. This Crime Control & Prevention $3,175,259 63.6%
category includes employee Economic Development $81,827 1.6%
health/life/dental costs as well as Lake Parks $119,880 2.4%
property and casualty costs. Total $4,994,287 100.0%
Beginning in FY19, the allocation
also included costs for retiree coverage for each respective operating fund.

Transfers Out are budgeted at Convention & Visitors $1,958,949 46.4%
$4.2 million and represent a Stormwater Drainage $107,775 2.6%
$988,000 decrease from the
previous budget year. Economic Development $1,680,403 39.8%
Expenditures in this category 4B Transit $476,332 11.3%
primarily consist of administrative Total $4,223,459 100.0%
fee payments to the General fund in lieu of taxes. Other transfers include principal and interest
payments to the Debt Service fund and funding for the CVB’s visitor shuttle service. Actual
expenditures in FY21 totaled $4.2 million. Transfers represent 7% of Special Revenue Fund
expenditures.

147