Page 154 - GrapevineFY24 Adopted Budget

CONVENTION & VISITORS BUREAU (115, 216)
REVENUE DETAIL

2020-21 2021-22 2022-23 2022-23 2023-24
Account/Description Actual Actual Budget Estimate Approved
31103 Hotel/Motel Tax P & I 9,654 10,693 - 4,640 -
31707 Occupancy Taxes 7,127,507 11,275,445 9,648,461 10,848,492 10,392,079
31708 Occupany Tax-Gaylord Texan 2,457,539 4,494,310 3,845,407 4,557,522 4,341,502
OCCUPANCY TAXES 9,594,700 15,780,448 13,493,868 15,410,654 14,733,581

39160 Convention Center Rental 210,957 366,952 519,600 406,124 519,600
39161 Palace Rental 186,470 264,715 350,000 304,386 350,000
39174 Concourse Rental 6,480 19,605 - - -
FACILITY RENTAL INCOME 403,907 651,272 869,600 710,510 869,600

39230 Interest On Investments 19 57,919 1,000 218,475 1,000
39232 Interest Income - Festival 7,176 4,874 2,500 15,296 2,500
39233 Interest Income - Train 11,712 4,891 4,000 28,114 4,000
39236 Interest Income - Logic Train 3,391 54,345 4,000 243,464 4,000
39237 Interest Income Logic Festival 2,624 21,419 1,500 104,318 1,500
INTEREST INCOME 24,922 143,448 13,000 609,667 13,000

39162 Palace Food & Beverage Sales 46,638 86,496 110,000 105,679 110,000
39163 Palace - Concert/Ticket Sales 182,442 523,038 500,000 668,341 500,000
39164 Christmas Capital of Texas 74,025 49,682 - 95,315 -
39168 VIC Souvenir Sales - - 20,000 3,632 20,000
39169 Grapevine Main VIC - - 20,000 45,048 20,000
39173 Concourse Food/Beverage Sales 4,661 8,940 - - -
39176 Merch Resale/In-House Catering 41,761 93,126 175,000 146,681 175,000
39177 Catering % Of Sales 17,644 43,302 62,000 40,417 62,000
SALES & MERCHANDISE 367,171 804,584 887,000 1,105,113 887,000

38430 Train Revenues 1,960,902 3,461,529 3,314,000 6,179,178 3,987,868
TRAIN OPERATIONS 1,960,902 3,461,529 3,314,000 6,179,178 3,987,868

34812 Festivals Income 2,407,235 3,639,844 2,893,400 1,585,994 4,021,936
34814 Sponsor Income 11,911 27,324 10,000 -
FESTIVALS & NEW VINTAGE 2,419,146 3,667,168 2,903,400 1,585,994 4,021,936

38420 Shuttle Fare Revenue - 8,514 - 320 -
VISITOR SHUTTLE SYSTEM - 8,514 - 320 -

34878 Sub Lease Rental Income 145,938 192,203 182,336 160,638 182,336
36300 Lease Revenue - 2,417 - - -
38420 Museum Program Revenue 32,653 56,313 40,000 25,626 40,000
38600 Sister City Revenues 8,622 16,286 12,000 4,629 12,000
38620 Wine Pouring Society Revenues 7,698 12,035 12,000 10,683 12,000
39179 Liberty Park 1,025 1,733 750 - 750
39180 Cotton Belt 18,316 51,579 12,000 95,803 50,000
39211 Indirect Cost Recovery 3,458 - - - -
39951 Resale-Labor,Mat'L And Service 32,500 64,848 110,000 70,056 110,000
39999 Miscellaneous Revenues 16,980 46,228 10,000 11,604 10,000
MISCELLANEOUS 267,190 614,253 379,086 382,211 417,086

53120 Transfer In From 4B Fund 278,852 148,372 464,762 287,939 409,163
TRANSFERS IN 278,852 148,372 464,762 287,939 409,163

TOTAL CVB REVENUE 15,316,790 25,279,588 22,324,716 26,271,586 25,339,234

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