Page 167 - GrapevineFY24 Adopted Budget
P. 167
FY 2023-24 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
CONVENTION AND LEISURE INCENTIVES FUND
2020-21 2021-22 2022-23 2022-23 2023-24
Actual Actual Budget Estimate Approved
BEGINNING FUND BALANCE: 5,041,388 4,474,237 5,383,686 5,383,686 6,727,684
OPERATING REVENUE:
Hotel Tax Incentives 3,031,073 5,249,973 4,492,133 5,225,677 5,071,496
Interest Income 3,502 39,848 1,000 196,614 1,000
Miscellaneous 28,294 131,496 10,000 9,750 10,000
Total Operating Revenue 3,062,869 5,421,317 4,503,133 5,432,041 5,082,496
TOTAL REVENUE AND TRANSFERS 3,062,869 5,421,317 4,503,133 5,432,041 5,082,496
OPERATING EXPENDITURES:
Supplies - 225 - - -
Services 3,630,020 4,511,643 4,503,133 4,088,043 4,980,602
Total Operating Expenditures 3,630,020 4,511,868 4,503,133 4,088,043 4,980,602
TOTAL EXPENDITURES AND TRANSFERS 3,630,020 4,511,868 4,503,133 4,088,043 4,980,602
SURPLUS / (DEFICIT) (567,152) 909,449 - 1,343,998 101,894
ENDING FUND BALANCE: 4,474,237 5,383,686 5,383,686 6,727,684 6,829,578
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