Page 72 - Grapevine FY23 Adopted Budget (1)

OPERATING FY-2017 FY-2018 FY-2019 FY-2020 FY-2021 FY-2022
TRANSFERS OUT

Capital Maintenance 1,646,000 1,322,500 1,510,000 1,779,000 - 1,640,000
Street Maintenance 1,633,000 1,322,500 1,510,000 1,500,000 - -
CIP / Quality of Life 3,000,000 3,000,000 3,000,000 - - -
Equipment Acquisition 982,000 - 3,200,000 830,004 - -
CCPD Fund 200,000 2,235,000 3,056,630 3,406,824 5,513,302 4,291,740

Total Transfers Out $7,461,000 $8,454,200 $12,276,630 $7,515,828 $5,513,302 $5,931,740
Increase / (Decrease) ($1,423,535) $993,200 $3,822,430 ($4,760,802) ($2,002,526) $418,438
% Change -16% 13% 45% -39% -27% 8%

Debt Service is budgeted at $13.8 million, and represents a decrease of $910,351 (6%) from the
previous year. Actual expenditures in FY22 totaled $14 million and represented a decrease of $1.9
million (12%) from the previous year. Debt service costs represent 15% of General Government
expenditures.

DEBT SERVICE FY-2017 FY-2018 FY-2019 FY-2020 FY-2021 FY-2022
Principal & Interest Payments

General Obligation $11,674,025 $10,335,020 $9,722,770 $11,257,383 $10,665,083 $8,034,132
Certificates of Obligation $4,061,585 $4,524,603 $4,121,339 $2,335,488 $3,830,481 $4,030,062
Tax Notes Payable $677,275 $760,718 $2,893,797 $2,113,019 $1,498,306 $2,016,469
Total $16,412,885 $15,620,341 $16,737,906 $15,705,890 $15,993,870 $14,080,663
Increase / (Decrease) ($1,066,617) ($792,544) $1,117,565 ($1,032,016) $287,980 ($1,913,207)
% Change -6.1% -4.8% 7.2% -6.2% 1.8% -12.0%

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