Page 35 - Grapevine FY23 Adopted Budget (1)

Expenditures and Other Financing Uses

The FY 2023 adopted budget
for all funds totals $195 million
dollars, and represents an
increase of $22.2 million (13%)
from the prior year budget.
Estimated expenditures for the
current year (FY22) total $177
million and represent a decrease
of $43 million (-20%) from the
FY21 total of $220 million. The
large decrease is attributed to a
one-time debt refunding.

Personnel costs are the largest expenditure category, totaling $66 million (34%), and represent an
increase of $5.3 (8.7%) million from the previous budget year. Estimated expenditures for FY22
total $61.9 million and represent an increase of $2.2 million (4%) from FY21. Effective October 1,
a three-percent pay plan adjustment was incorporated into every salary range of every position within
the City. In addition, every full-time and part-time civilian employee will receive a 3% merit
increase on their anniversary date. Full-time and part-time public safety employees on the step plan
will receive up to a 5% step increase on their anniversary date. Any employee that is at the maximum
of their pay scale will also receive a 3% lump sum payment.

Services are the second largest expenditure category, totaling $53.4 million (27%), which is an
increase of $9.5 million (21.8%) from the previous budget year. General Government services totals
$13.5 million, Special Revenue $21 million, and Enterprise funds $18.8 million.

Operating Transfers Out represent seven-percent of all expenses, totaling $13.2 million, and
represents an increase of $1.2 million (10%) from the previous budget year. The increase is primarily
due to a higher budgeted transfer to the Crime Control & Prevention District Fund ($228,000) and
an increased transfer from the Debt Service Fund to the Water Utilities Fund ($662,000).

Debt Service totals $14.5 million, which is 7% of expenditures. Budgeted expenditures for FY23
decrease by $1.1 million.

Expenditures for each governmental fund type will be discussed in depth in its respective section of
this document.

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