Page 204 - Grapevine FY22 Adopted Budget v2

Revenue and Other Financing Sources

Total revenue for Enterprise funds is budgeted at $27.9 million for FY22, which is $432,000 more
than the previous year’s budget (2%). A vast majority (98%) consists of charges for services,
which represent water and wastewater services in the Utility fund, and golf course services in the
Golf fund.

Water Sales are budgeted at $15.6 million, similar to the previous year. Water sales in FY21 were
$16 million and represent an increase of $273,800 million (2%) from the prior year.

WATER SALES FY-2016 FY-2017 FY-2018 FY-2019 FY-2020 FY-2021

Collections $14,013,898 $14,710,779 $16,577,391 $14,607,637 $15,752,529 $16,026,329
Gain / (Loss) $797,386 $696,881 $1,866,612 ($1,969,754) ($824,862) $273,800
% Change 6% 5% 13% -12% -5% 2%

Wastewater Charges are budgeted at $8 million, no change from the previous year. Revenue in
this category increased by $655,000 in FY21 (8%). Combined water and wastewater charges
represent 85% of revenue in the Enterprise Funds category.

WASTEWATER FY-2016 FY-2017 FY-2018 FY-2019 FY-2020 FY-2021
SALES

Collections $7,909,288 $8,054,884 $8,371,685 $8,033,819 $7,735,969 $8,391,822
Gain / (Loss) $327,895 $145,596 $316,801 ($337,866) ($635,716) $655,853
% Change 4% 2% 4% -4% -8% 8%

Golf Course Green Fees are budgeted at $1.7 million and represent ad increase of $337,000 (25%)
from the previous year. Actual green fee revenue in FY21 totaled $1.7 million and represented an
increase of $309,000 (21%) from the previous year.

GOLF COURSE FY-2016 FY-2017 FY-2018 FY-2019 FY-2020 FY-2021
GREEN FEES

Collections $1,317,741 $1,441,966 $1,430,023 $1,426,621 $1,486,516 $1,796,000
Gain / (Loss) $308,498 $124,225 ($11,943) ($3,402) $56,493 $309,484
% Change 31% 9% -1% 0% 4% 21%

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