Page 73 - Grapevine FY22 Adopted Budget v2

Miscellaneous revenue includes sales of salvage and fixed assets, insurance reimbursements and
income from tower and ground communications leases. Income from subrogation of insurance
claims is budgeted at $130,000 and remains unchanged from the previous year. Income from
tower/ground communications leases is budgeted at $260,000 and remains unchanged from the
previous year. Total miscellaneous revenue is budgeted at $1 million for FY22.

Transfers In represents those revenues that are transferred from one fund to another as a
payment in lieu of Ad Valorem taxation, gross receipts charges, and indirect operating costs.
Administrative fees paid to the General fund from the Utility, Convention & Visitors, Lake
Enterprise, 4B, Lake Parks and Stormwater Drainage funds total $3.4 million, a decrease of
$765,643 from the FY21 budget.

Transfers to the Debt Service fund for principal and interest payments on debt issued to finance
capital improvements of non-General Government funds total $2 million, a slight decrease from
the previous year. Total General Government transfers in FY22 equal $7.1 million and represent
8% of revenues.

OPERATING FY-2016 FY-2017 FY-2018 FY-2019 FY-2020 FY-2021
TRANSFERS IN

Utility Enterprise 1,650,769 1,826,307 1,919,146 1,743,710 1,885,149 1,755,683
Convention & Visitors 2,547,613 2,509,608 2,542,980 2,556,024 2,441,196 1,787,507
Golf 98,831 108,147 107,254 106,997 111,463 134,992
Stormwater Drainage 106,775 112,127 109,407 112,059 336,524 301,833
General (Cap. Maint) 3,279,000 3,279,000 2,645,000 3,114,775 3,298,149 -
Lake Parks 72,951 144,381 163,088 107,023 336,524 301,833
4B Transit - - - 429,479 336,524 301,833
Economic Development 1,910,433 1,899,842 1,919,192 1,736,070 1,707,394 2,015,565

Collections $9,666,371 $9,879,412 $9,406,067 $9,906,136 $10,452,923 $6,599,246
Gain / (Loss) ($1,280,372) $213,041 ($473,345) $500,069 $546,787 ($3,853,677)
% Change -11.7% 2.2% -4.8% 5.3% 5.5% -36.9%

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