Page 35 - Grapevine FY22 Adopted Budget v2

Revenue and Other Financing Sources

Total City Revenue Total City revenue (all funding
sources) is budgeted at $175

$250,000,000 million, an increase of $9
million (5%) from the
$200,000,000 previous year. General
Government revenue is
$150,000,000 projected to increase by $5.8
million over the prior year as
$100,000,000
the city recovers from the
$50,000,000 pandemic. Ad Valorem tax
collections in the Debt Service
$0 fund remain virtually
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
unchanged from the prior year.
Special Revenue fund
segments are projecting a revenue increase of 2 million (5%) mainly due to increased sales tax
collections. Enterprise fund revenue is projected to increase by $447,692 based on projected water
and wastewater revenue and rounds of golf played.

Taxes (Ad Valorem, Sales & Use, Mixed Beverage, and Hotel Occupancy) comprise the largest
revenue stream at $102.5 million and represent an increase of $10 million (11%) from the prior year.
Sales & Use taxes, the largest component, are budgeted at $60.3 million, of which $31.2 million is
in the General Government sector and $29.1 million is in the Special Revenue sector.

Charges for Services are the second largest revenue stream at $48 million (28%) and represent a
slight increase from the previous year. General Government charges are projected at $9.2 million.
Special Revenue charges are projected at $11.9 million and Enterprise Fund charges are projected at
$27.1 million.

Transfers In are the third largest revenue stream at $11.9 million (7%) and represent a decrease of
4% from the previous year, due to a reduction of operating transfers from the General fund.

Revenue for each governmental fund type will be discussed in depth in its respective section of this
document.

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