Page 211 - GrapevineFY24 Adopted Budget

Expenditures and Other Financing Uses

Expenditures of Enterprise funds in FY24 are budgeted at $37.8 million and represent an increase of
$4 million (18%) from the prior year’s budget. Utility fund operations account for 83% of the total,
while Golf course operations account for 17%.

Personnel expenses are budgeted at $7.1 million, an increase of $2 million (40%) from the previous
year, and includes the addition of 6.0 FTE in the Golf Fund. The additional personnel represent full-
time employees of Persimmons Bar & Grill. Personnel expenses in the Utility fund, budgeted at
$4.5 million in FY24, account for 64% of total personnel costs. Personnel costs in FY23 are
estimated at $6.6 million and represent an increase of $1.4 million (27%) from the previous year.

ENTERPRISE FUND FY-2018 FY-2019 FY-2020 FY-2021 FY-2022 FY-2023
PERSONNEL COSTS Actual Actual Actual Actual Actual Estimate

Utility Fund $3,334,960 $3,609,966 $3,787,024 $3,606,570 $3,679,558 $4,168,923
Golf Fund $1,357,988 $1,337,802 $1,394,369 $1,501,707 $1,524,554 $2,429,301
Total $4,692,948 $4,947,768 $5,181,393 $5,108,277 $5,204,112 $6,598,224

Increase / (Decrease) $203,555 $254,820 $233,625 ($73,116) $95,835 $1,394,112
% Change 4.5% 5.4% 4.7% -1.4% 1.9% 26.8%

Services are budgeted at $19.2 million, and represent an increase of $416,000 (2%) from the prior
year. Expenditures for the purchase, storage and treatment of water and wastewater is the largest
component (70%) of this category.

Purchase/Storage & Treatment costs are budgeted at $12.8 million which represents an increase of
$50,000 from the previous year’s budget. Estimated expenditures in FY23 total $15.4 million and
represent an increase of $2.4 million (22%) from the previous year.

PURCHASE / STORAGE FY-2018 FY-2019 FY-2020 FY-2021 FY-2022 FY-2023
& TREATMENT Actual Actual Actual Actual Actual Estimate

Water $9,559,912 $8,030,760 $8,721,135 $8,767,563 $10,304,838 $12,470,624
Wastewater $1,551,886 $1,478,364 $1,782,320 $2,090,337 $2,780,120 $2,996,455
Total $11,111,798 $9,509,124 $10,503,455 $10,857,900 $13,084,958 $15,467,079
Increase / (Decrease) $1,053,978 ($1,602,674) $994,331 $354,445 $2,227,058 $2,382,121
% Change 10% -14% 10% 4% 21% 22%

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