Page 203 - Grapevine FY23 Adopted Budget (1)

FY 2022-23 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN
ECONOMIC DEVELOPMENT FUND (122, 124)

2019-20 2020-21 2021-22 2021-22 2022-23
Actual Actual Budget Estimate Approved
BEGINNING FUND BALANCE: 11,830,384 12,214,640 12,209,641 12,209,641 13,341,392

OPERATING REVENUE:

Sales Tax 3,872,769 4,699,128 3,643,448 5,424,915 4,175,000
Interest Income 104,318 9,055 110,000 39,687 10,000

Miscellaneous 1,409,926 457,535 - 56,883 -

Total Operating Revenue 5,387,013 5,165,718 3,753,448 5,521,485 4,185,000

TRANSFERS IN: - - - - -
TOTAL REVENUE AND TRANSFERS 5,387,013 5,165,718 3,753,448 5,521,485 4,185,000

OPERATING EXPENDITURES:

Personnel Services 523,166 376,432 416,902 503,705 529,366

Supplies 26,376 19,682 5,600 17,553 10,400
Maintenance 16,132 69,245 - 15,948 -
Services 2,672,875 2,615,935 1,568,716 1,994,465 1,848,056

Insurance 56,816 73,858 81,827 105,156 81,859

Total Operating Expenditures 3,295,365 3,155,152 2,073,045 2,636,827 2,469,681

TRANSFERS OUT:

Transfer to General Fund - Admin Fee 306,000 353,046 281,509 354,013 313,875

Transfer to Debt Service Fund 1,401,394 1,400,519 1,398,894 1,398,894 1,401,444

Total Transfers Out 1,707,394 2,015,565 1,680,403 1,752,907 1,715,319

TOTAL EXPENDITURES AND TRANSFERS 5,002,759 5,170,717 3,753,448 4,389,734 4,185,000

SURPLUS / (DEFICIT) 384,254 (4,999) - 1,131,751 -

ENDING FUND BALANCE AVAILABLE: 12,214,640 12,209,641 12,209,641 13,341,392 13,341,392

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