Page 210 - Grapevine FY23 Adopted Budget (1)

Revenue and Other Financing Sources

Total revenue for Enterprise funds is budgeted at $34.2 million for FY23, which is $6.2 (22%)
million more than the previous year’s budget. A vast majority (98%) consists of charges for services,
which represent water and wastewater services in the Utility fund, and golf course services in the
Golf fund.

Water Sales are budgeted at $16.9 million, $1.3 million (8%) higher than last year’s budget. Water
sales in FY22 were $17.5 million and represent an increase of $1.5 million (9%) from the prior year.

WATER SALES FY-2017 FY-2018 FY-2019 FY-2020 FY-2021 FY-2022

Collections $14,710,779 $16,577,391 $14,607,637 $15,752,529 $16,062,329 $17,563,139
Gain / (Loss) $696,881 $1,866,612 ($1,969,754) ($824,862) $309,800 $1,500,810
% Change 5% 13% -12% -5% 2% 9%

Wastewater Charges are budgeted at $8.8 million, $895,000 (11%) higher than the previous budget.
Revenue in this category increased by $258,542 in FY22 (3%).

Combined water and wastewater charges represent 85% of revenue in the Enterprise Funds category.

WASTEWATER FY-2017 FY-2018 FY-2019 FY-2020 FY-2021 FY-2022
SALES

Collections $8,054,884 $8,371,685 $8,033,819 $7,735,969 $8,391,822 $8,650,364
Gain / (Loss) $145,596 $316,801 ($337,866) ($635,716) $655,853 $258,542
% Change 2% 4% -4% -8% 8% 3%

Golf Course Green Fees are budgeted at $1.8 million and represent an increase of $103,000 (6%)
from the previous year. Actual green fee revenue in FY22 totaled $1.9 million and represented an
increase of $141,005 (8%) from the previous year.

GOLF COURSE FY-2017 FY-2018 FY-2019 FY-2020 FY-2021 FY-2022
GREEN FEES

Collections $1,441,966 $1,430,023 $1,426,621 $1,486,516 $1,796,000 $1,937,008
Gain / (Loss) $124,225 ($11,943) ($3,402) $56,493 $309,484 $141,008
% Change 9% -1% 0% 4% 21% 8%

210