Page 166 - Grapevine FY23 Adopted Budget (1)
P. 166
FY 2022-23 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES
CONVENTION AND LEISURE INCENTIVES FUND
2019-20 2020-21 2021-22 2021-22 2022-23
Actual Actual Budget Estimate Approved
BEGINNING FUND BALANCE: 13,706,976 5,041,388 4,474,237 4,474,237 6,329,840
OPERATING REVENUE:
Hotel Tax Incentives 2,937,711 3,031,073 3,652,699 5,271,613 4,492,133
Interest Income 49,465 3,502 5,000 28,460 1,000
Miscellaneous 27,407 28,294 75,000 131,496 10,000
Total Operating Revenue 3,014,583 3,062,869 3,732,699 5,431,569 4,503,133
TRANSFERS IN: - - - - -
TOTAL REVENUE AND TRANSFERS 3,014,583 3,062,869 3,732,699 5,431,569 4,503,133
OPERATING EXPENDITURES:
Supplies - - 100,000 225 -
Services 3,180,171 1,760,260 4,100,690 3,575,741 4,503,133
Total Operating Expenditures 3,180,171 1,760,260 4,200,690 3,575,966 4,503,133
TRANSFERS OUT: 8,500,000 1,869,760 - - -
TOTAL EXPENDITURES AND TRANSFERS 11,680,171 3,630,020 4,200,690 3,575,966 4,503,133
SURPLUS / (DEFICIT) (8,665,588) (567,152) (467,991) 1,855,603 -
ENDING FUND BALANCE: 5,041,388 4,474,237 4,006,246 6,329,840 6,329,840
166
