Page 28 - Grapevine FY23 Adopted Budget (1)

The budgetary impact of planning processes in FY 2023 is projected at $11,112,844 and is comprised
of the following:

FY 2023 BUDGET IMPACT OF General Special
PLANNING PROCESSES Government Revenue Enterprise
Funds Funds Funds Totals
Pay Plan Adjustments 1,904,633 1,640,873 234,072 3,779,578

Prior Year Budget Impact 1,066,353 787,003 180,445 2,033,801
Increase / (Decrease) 838,280 853,870 53,627 1,745,777
Operating Transfer to 1,640,000 0 0 1,640,000
Permanent Capital Maint. Fund
Prior Year Budget Impact 1,640,000 0 0 1,640,000
Increase / (Decrease) 0 0 0 0
Vehicle & Equip. Replacements 5,380,335 0 234,665 5,615,000

Prior Year Budget Impact 1,739,000 550,000 0 2,289,000
Increase / (Decrease) 3,641,335 (550,000) 234,665 3,326,000
Economic Development Fund 0 78,266 0 78,266
Incentives Appropriation
Prior Year Budget Impact 0 78,266 0 78,266
Increase / (Decrease) 0 0 0 0
TOTALS 8,924,968 1,719,139 468,737 11,112,844

Pay Plan adjustments total $3.78 million, an increase of $1.7 million over last year’s adjustments.
All General Employees will receive a 3% market adjustment on October 1, and up to a 3% merit
increase on their anniversary date. General employees who are at the maximum of their pay grade
(“topped out”) will receive a 3% lump sum payment on their anniversary date.

Public Safety employees (with the exception of Police Officer and Firefighter/Paramedic) will
receive a 3% market adjustment on October 1, and either a 3% or 5% step increase on their
anniversary date. Police Officers and Firefighter/Paramedics will receive a 5% market adjustment
on October 1, and either a 3% or 5% step increase on their anniversary date. Topped out Public
Safety employees will receive a 3% lump sum payment on their anniversary date.

Operating transfers from the General fund to the Permanent Capital Maintenance fund for both
facilities and parks total $1.64 million, no change from the last budget year.

Vehicle and equipment replacements total $5,615,000 and represent an increase of $3.3 million from
the previous year. General fund replacements of $5.38 million are projected to be funded via a debt
issue proposed for December 2022.

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