Page 27 - GrapevineFY24 Adopted Budget

The budgetary impact of planning processes in FY 2024 is projected at $12 million, an increase of
$921,685 (8.3%) from FY23 and is comprised of the following:

FY 2024 BUDGET IMPACT OF General Special
PLANNING PROCESSES Government Revenue Enterprise
Funds Funds Funds Totals
Pay Plan Adjustments $2,506,658 $1,371,189 $503,672 $4,381,519

Prior Year Budget Impact 1,904,633 1,640,873 234,072 3,779,578
Increase / (Decrease) 602,025 (269,684) 269,600 601,941
Operating Transfer to $2,670,000 $0 $0 $2,670,000
Permanent Capital Maint. Fund
Prior Year Budget Impact 1,640,000 0 0 1,640,000
Increase / (Decrease) 1,030,000 0 0 1,030,000

Operating Transfer to 909,010 0 0 909,010
Quality of Life Fund
Prior Year Budget Impact 0 0 0 0
Increase / (Decrease) 909,010 0 0 909,010

Vehicle & Equip. Replacements $3,514,000 $505,000 $55,000 $4,074,000

Prior Year Budget Impact 5,380,335 0 234,665 5,615,000
Increase / (Decrease) (1,866,335) 505,000 (179,665) (1,541,000)
TOTALS $9,599,668 $1,876,189 $558,672 $12,034,529

Pay Plan adjustments total $4.38 million, an increase of $601,941 (15.9%) over FY23 and reflects
the addition of 8.0 FTE citywide. The General Fund includes the addition of a Building Maintenance
Technician I; the Convention & Visitors Bureau (CVB) Fund includes the addition of a Retail &
Inventory Control Coordinator; and the Golf Fund includes the addition of 6 full-time positions for
the Persimmons restaurant.

All General Employees will receive a 2% market adjustment on October 1, and up to a 3% merit
increase on their anniversary date. General employees who are at the maximum of their pay grade
(“topped out”) will only receive the market adjustment.

Public Safety employees will receive a 2% market adjustment on October 1, and either a 3% or 5%
step increase on their anniversary date. Topped out Public Safety employees will only receive the
market adjustment.

Operating transfers from the General fund to the Permanent Capital Maintenance fund for facilities,
parks, street and traffic maintenance activities total $2.67 million, an increase of $1.03 million from
the last budget year.

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