Page 149 - Grapevine FY23 Adopted Budget (1)

Supplies are budgeted at $1.5 Convention & Visitors $599,725 39.8%
million for FY23, $99,315 more CVB Incentives $0 0.0%
than the previous year. Stormwater Drainage $35,700 2.4%
Expenditures in FY22 are Crime Control & Prevention $644,384 42.7%
estimated at $1.1 million and
represent an increase of $178,00 Economic Development $10,400 0.7%
from the previous year. Supplies Lake Parks $217,250 14.4%
represent 2% of Special Revenue Total $1,507,459 100.0%
Fund expenditures, the same as the
previous budget year.

Services are budgeted at $21 Convention & Visitors $10,819,525 51.5%
million for FY23 and represent an
increase of $3.9 million (23%) CVB Incentives $4,503,133 21.4%
from the previous budget year. Stormwater Drainage $217,840 1.0%
Expenditures in the Convention & Crime Control & Prevention $2,155,724 10.3%
Visitors fund are budgeted at $10.8 Lake Parks $1,484,369 7.1%
million and represent 51% of the Economic Development $1,848,056 8.8%
total. Expenditures for services in Total $21,028,647 100.0%
the CCPD fund are budgeted at
$2.1 million and are primarily comprised of charges for fleet maintenance charges, and technology
charges. Total expenditures for services in FY22 were $15.9 million. Services represent 30% of
Special Revenue Fund expenditures.

Insurance charges are budgeted at Convention & Visitors $1,596,600 29.7%
$5.3 million and represents a
$385,000 increase from the Stormwater Drainage $193,799 3.6%
previous budget year. This Crime Control & Prevention $3,369,197 62.6%
category includes employee Economic Development $81,859 1.5%
health/life/dental costs as well as Lake Parks $138,778 2.6%
property and casualty costs. Total $5,380,233 100.0%
Beginning in FY19, the allocation
also included costs for retiree coverage for each respective operating fund.

Transfers Out are budgeted at $4.5 Convention & Visitors $2,259,223 49.7%
million and represent a $324,858 Stormwater Drainage $109,013 2.4%
increase from the previous budget
year. Expenditures in this category Economic Development $1,715,319 37.7%
primarily consist of administrative 4B Transit $464,762 10.2%
fee payments to the General fund in Total $4,548,317 100.0%
lieu of taxes. Other transfers
include principal and interest payments to the Debt Service fund and funding for the CVB’s visitor
shuttle service. Actual expenditures in FY22 totaled $3.8 million. Transfers represent 7% of Special
Revenue Fund expenditures.

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