Page 36 - Grapevine FY22 Adopted Budget v2

Expenditures and Other Financing Uses

The FY22 adopted budget is Total City Expenditures
comprised of total budgeted
expenditures across all funds $250,000,000
of $172 million, and
represents an increase of $4 $200,000,000
million (2.3%) from the prior
year budget. $150,000,000
$100,000,000

$50,000,000

$0
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Personnel costs are the largest expenditure category, totaling $60.6 million (35%), and represent an
increase of $700,000 from the previous budget year. Full time employees will receive a 2% merit
increase in FY22.

Services are the second largest expenditure category, totaling $43.8 million (25%), which is an
increase of $675,000 from the previous budget year.

Insurance (including health, life, dental, property/casualty, worker’s compensation, and auto) is
the third largest expenditure category, totaling $16 million (9.3%). The FY22 budget represents an
increase of $1.7 million from FY21.

Debt Service is the fourth largest expenditure category, totaling $15.6 million, which is 9% of total
expenditures. Budgeted expenditures for FY22 decrease by $1.1 million from the FY21 budget.

Operating Transfers Out represent the fifth largest expenditure category, totaling $11.9 million, and
represents a decrease of $527,000 (-4%) from the previous budget year. The FY22 budget does not
restore the transfer to the city’s Quality of Life Fund.

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

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