Page 201 - GrapevineFY24 Adopted Budget
P. 201
FY 2023-24 APPROVED OPERATING BUDGET
4B ECONOMIC DEVELOPMENT FUNDS
4B TRANSIT SUMMARY
FUND 120
2020-21 2021-22 2022-23 2022-23 2023-24
EXPENDITURES BY OBJECT Actual Actual Budget Estimate Approved
Supplies - 633,793 - - -
Services 9,305,545 11,916,694 12,060,238 13,636,382 13,653,337
Transfers 278,852 148,372 464,762 287,939 409,163
Total 9,584,397 12,698,859 12,525,000 13,924,321 14,062,500
OBJECTIVES
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Provide funding for the development of commuter rail service. Voters approved a 3/8-cent sales tax increase that commenced on April 1, 2007.
- Accumulate funding for the land acquisition, design, construction and operation of a passenger rail station.
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Provide funding for 50% of the operations of the Grapevine Visitor Shuttle system.
2020-21 2021-22 2022-23 2022-23 2023-24
PERFORMANCE INDICATORS Actual Actual Budget Estimate Approved
Contractual payments to Trinity Metro $9,305,545 $11,916,694 $12,060,238 $13,636,382 $13,653,337
Transfers to Grapevine Visitor Shuttle system $278,852 $148,372 $464,762 $463,832 $409,163
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