Page 75 - Grapevine FY22 Adopted Budget v2

Services are budgeted at $12.5 million and represent a $900,000 increase (8%) from the FY21
budget. Professional services, defined as services that by their nature can be performed by
persons or firms with specialized skills and knowledge who are non-City employees, represents
the largest segment of the category, at $5.1 million for FY22. Utility costs
(electricity/gas/water/telephone) represent the second-largest segment at $2.6 million, and
represent a decrease of $98,000 over the previous year. Actual expenditures in FY21 are
estimated to total $12.8 million, and represent a decrease of 3.8% from FY20. Expenditures for
services account for 15% of General Government expenditures.

SERVICES FY-2016 FY-2017 FY-2018 FY-2019 FY-2020 FY-2021
GENERAL FUND

Expenditures $11,538,851 $11,642,216 $11,535,895 $12,923,700 $13,341,686 $12,836,535
Increase / (Decrease) $1,455,487 $103,365 ($106,321) $1,387,805 $417,986 ($505,151)
% Change 14.4% 0.9% -0.9% 12.0% 3.2% -3.8%

Insurance Costs, which include property, casualty and health insurance, are budgeted at $9.6
million, and represent an increase of $1.1 million from the previous year’s budget amount.
Property and casualty (P&C) expenditures are budgeted at $1.4 million which is $17,000 more
than the previous budget. Actual P&C expenditures in FY21 are estimated at $964,340 and
represent a decrease of $489,000 from the prior year.

Health insurance costs, which include medical, dental, vision, and life coverage, is budgeted at
$8.2 million and represent an increase of $1.1 million from the FY21 budget. Actual costs for
FY21 are estimated at $7.6 million. Risk Management continues to actively monitor trends and
patterns in healthcare in an attempt to improve plan offerings to employees and to lower costs.

INSURANCE FY-2016 FY-2017 FY-2018 FY-2019 FY-2020 FY-2021
GENERAL FUND

Expenditures $10,170,245 $12,503,924 $10,491,026 $6,712,060 $9,021,298 $7,898,750
Increase / (Decrease) $746,123 $2,333,679 ($2,012,898) ($3,778,966) $2,309,238 ($1,122,548)
% Change 7.9% 22.9% -16.1% -36.0% 34.4% -12.4%

Operating Transfers Out are budgeted at $5.9 million and consists of transfers from the General
fund to the Crime Control & Prevention District (CCPD) and Permanent Capital Maintenance
Fund (PCMF). Due to the pandemic and subsequent reduction in sales tax revenue, the annual
$3 million transfer to the Quality of Life (QOL) fund continues to be suspended as it was in
FY20 and FY21.

Actual transfers in FY21 were $5.3 million, a reduction of $2.1 million from FY20.

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