Page 71 - Grapevine FY23 Adopted Budget (1)

Services are budgeted at $13.6 million and represent a $1 million increase (8%) from the FY22
budget. Professional services, defined as services that by their nature can be performed by persons
or firms with specialized skills and knowledge who are non-City employees, represents the largest
segment of the category, at $6 million for FY23. Utility costs (electricity/gas/water/telephone)
represent the second-largest segment at $2.9 million, and represent an increase of $302,746 over
the previous year. Actual expenditures in FY22 are estimated to total $13.7 million, and represent
an increase of 6.6% from FY21. Expenditures for services account for 15% of General
Government expenditures.

SERVICES FY-2017 FY-2018 FY-2019 FY-2020 FY-2021 FY-2022
GENERAL FUND

Expenditures $11,642,216 $11,535,895 $12,923,700 $13,341,686 $12,878,971 $13,727,314
Increase / (Decrease) $103,365 ($106,321) $1,387,805 $417,986 ($462,715) $848,343
% Change 0.9% -0.9% 12.0% 3.2% -3.5% 6.6%

Insurance Costs, which include property, casualty and health insurance, are budgeted at $10.6
million, and represent an increase of $954,000 from the previous year’s budget amount. Property
and casualty (P&C) expenditures are budgeted at $1.5 million which is $138,297 more than the
previous budget. Actual P&C expenditures in FY22 are estimated at $1.9 million and represent
an increase of $992,l860 from the prior year.

Health insurance costs, which include medical, dental, vision, and life coverage, is budgeted at $9
million and represent an increase of $816,333 from the FY22 budget. Actual costs for FY22 are
estimated at $6.3 million. Risk Management continues to actively monitor trends and patterns in
healthcare in an attempt to improve plan offerings to employees and to lower costs.

INSURANCE FY-2017 FY-2018 FY-2019 FY-2020 FY-2021 FY-2022
GENERAL FUND

Expenditures $12,503,924 $10,491,026 $6,712,060 $9,021,298 $7,898,750 $7,566,440
Increase / (Decrease) $2,333,679 ($2,012,898) ($3,778,966) $2,309,238 ($1,122,548) ($332,310)
% Change 22.9% -16.1% -36.0% 34.4% -12.4% -4.2%

Operating Transfers Out are budgeted at $6.8 million and consists of transfers from the General
fund to the Crime Control & Prevention District (CCPD) and Permanent Capital Maintenance
Fund (PCMF). Due to the pandemic and subsequent reduction in sales tax revenue, the annual $3
million transfer to the Quality of Life (QOL) fund continues to be suspended as it was in FY21
and FY22. Actual transfers in FY22 were $5.9 million.

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