Page 67 - GrapevineFY24 Adopted Budget

CHARGES FOR FY-2018 FY-2019 FY-2020 FY-2021 FY-2022 FY-2023
SERVICES Actual Actual Actual Actual Actual Estimate

Collections $12,651,118 $8,607,063 $7,848,563 $8,209,525 $7,815,140 $10,932,714
Gain / (Loss) $1,090,700 ($4,044,055) ($758,500) $360,962 ($394,385) $3,117,574
% Change 9% -32% -9% 5% -5% 40%

Fines and forfeitures represent revenue generated from the municipal court and other punitive
actions. Revenue in this category is budgeted at $1 million, an increase of $13,000 (1%) from the
previous year’s budget. Actual collections in FY23 total $1,220,990 and represent an 13% increase
from the previous year.

FINES AND FY-2018 FY-2019 FY-2020 FY-2021 FY-2022 FY-2023
FORFEITURES Actual Actual Actual Actual Actual Estimate

Collections $1,582,456 $1,542,241 $1,026,561 $967,554 $1,083,819 $1,220,990
Gain / (Loss) ($207,323) ($40,215) ($515,680) ($59,007) $116,265 $137,171
% Change -12% -3% -33% -6% 12% 13%

Intergovernmental revenue consists of funds earned by the City in exchange for services provided
to other local, state, federal and quasi-governmental agencies. Examples of revenue sources include
school resource officers at Grapevine-Colleyville ISD facilities and payment for some fire
department inspection services. Intergovernmental revenue is budgeted at $284,000 in FY24.

Interest Income is budgeted at $260,000. Interest income in FY23 totaled $655,000 and represented
an increase of $560,000 from FY22.

Miscellaneous revenue includes sales of salvage and fixed assets, insurance reimbursements and
income from tower and ground communications leases. Income from subrogation of insurance
claims is budgeted at $130,000 and remains unchanged from the previous year. Income from
tower/ground communications leases is budgeted at $260,000 and remains unchanged from the
previous year. Total miscellaneous revenue is budgeted at $927,000 for FY23.

Transfers In represents those revenues that are transferred from one fund to another as a payment
in lieu of Ad Valorem taxation, gross receipts charges, and indirect operating costs. Administrative
fees paid to the General fund from the Utility, Convention & Visitors, Lake Enterprise, 4B, and
Stormwater Drainage funds are budgeted at $4.7 million in FY24, which is $828,000 (21%) more
than the previous year.

Operating transfers to the Debt Service fund for principal and interest payments for debt issued to
support the Convention & Visitors and 4B funds are budgeted at $2 million. An operating transfer
to the Capital/Street Maintenance fund is budgeted at $2.67 million and represents a $1 million
increase from the previous year.

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