Page 198 - GrapevineFY24 Adopted Budget
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FY 2023-24 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
4B TRANSIT FUND
2020-21 2021-22 2022-23 2022-23 2023-24
Actual Actual Budget Estimate Approved
BEGINNING FUND BALANCE: 22,918 - 23,346 23,346 26,173
OPERATING REVENUE:
Sales Tax 9,584,397 12,722,205 12,525,000 13,924,321 14,062,500
Interest Income 63 - 10,000 2,827 10,000
Total Operating Revenue 9,584,460 12,722,205 12,535,000 13,927,148 14,072,500
TOTAL REVENUE AND TRANSFERS 9,584,460 12,722,205 12,535,000 13,927,148 14,072,500
OPERATING EXPENDITURES:
Supplies - 633,793 - - -
Contractual Services - Trinity Metro 9,305,545 11,916,694 12,060,238 13,636,382 13,653,337
Total Operating Expenditures 9,305,545 12,550,487 12,060,238 13,636,382 13,653,337
TRANSFERS OUT:
Transfer to Visitor Shuttle Fund 278,852 148,372 464,762 287,939 409,163
Transfer to Economic Development Fund 22,981 - - - -
Total Transfers Out 301,833 148,372 464,762 287,939 409,163
TOTAL EXPENDITURES AND TRANSFERS 9,607,378 12,698,859 12,525,000 13,924,321 14,062,500
SURPLUS / (DEFICIT) (22,918) 23,346 10,000 2,827 10,000
ENDING FUND BALANCE: - 23,346 33,346 26,173 36,173
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