Page 272 - GrapevineFY24 Adopted Budget

ORDINANCE NO. 2023- 049

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS ADOPTING THE BUDGET FOR THE
CITY OF GRAPEVINE, TEXAS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2023 AND ENDING
SEPTEMBER 30, 2024; PROVIDING FOR INTRA- AND
INTERDEPARTMENTAL FUND TRANSFERS; PROVIDING
FOR INVESTMENT OF CERTAIN FUNDS; DECLARING AN
EMERGENCY; AND PROVIDING AN EFFECTIVE DATE

WHEREAS, a notice of public hearing on the budget for the City of Grapevine,
Texas for the Fiscal Year 2023- 2024 ( FY 2024) was heretofore published in accordance
with law; and

WHEREAS, a public hearing was duly held and all interested persons were given
an opportunity to be heard for or against any item therein; and

WHEREAS, all constitutional and statutory prerequisites for the approval of this
ordinance have been met, including but not limited to the Open Meetings Act; and

WHEREAS, the City Council deems the adoption of this ordinance is in the best
interests of the health, safety and welfare of the public.

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF GRAPEVINE, TEXAS;

Section 1. That all matters stated herein above are found to be true and correct
and are incorporated herein by reference as if copied in their entirety.

Section 2. That the appropriation amounts for the FY2023-2024 budget for the different
funds of the City of Grapevine are hereby fixed as follows:

100 General Fund 80, 016, 454
115 Convention & Visitors Bureau Fund 24, 867, 074
215 Convention & Leisure Incentives Fund 4, 980, 602
116 Stormwater Drainage Fund 1, 552, 532
117 Crime Control & Prevention District Fund 23, 109, 049
119 Lake Parks Special Revenue Fund 3, 061, 290
120 4- 13 / Trinity Metro Fund 14, 062, 500
124 Economic Development Fund 4, 135, 511
130 Debt Service Fund 14, 504, 118
200 Utility Enterprise Fund 31, 417, 698
210 Golf Enterprise Fund 6, 457, 049
174 Permanent Capital Maintenance Fund 4, 170, 000

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