Page 18 - CityofGrapevineFY25AdoptedBudget

General Fund

Provides funding for the Capital and Street Maintenance program via an operating transfer. Also
provides gap funding for the Crime Control and Prevention District when budgeted CCPD
expenditures exceed projected CCPD revenue (primarily ½ cent sales tax). Provides cash funding
for vehicle and equipment replacements (when prudent) via an operating transfer to the Capital
Equipment Acquisition fund.

The General Fund also receives revenue from certain non-General Government funds for general
administrative services provided. The charge to each fund represents 7.5% of respective revenue.
The funds that pay this fee to the General fund are the Convention and Visitors, Stormwater
Drainage, Economic Development, Water and Sewer, and Golf Course funds.

Debt Service Fund

Provides principal and interest payments on the city’s outstanding debt obligations. Funding is
provided by Ad Valorem tax receipts and operating transfers for self-supported debt from the
Economic Development fund.

Convention and Visitors Fund

Provides funding for cultural and entertainment programs which are designed to increase tourism.
Major initiatives are festivals (Main Street Days and GrapeFest), the Grapevine Vintage Railroad,
and Christmas Capital of Texas activities. Primary funding is via Hotel Occupancy tax receipts.

Stormwater Drainage Utility Fund

Provides funding for operating and capital projects such as street sweeping, erosion control, and
cleaning and clearance of obstructions that could cause flooding. Funding is provided via a monthly
service fee included in water and sewer bills.

4B Transit and Economic Development Funds

Funding for these two entities is provided via a ½ cent sales tax which is distributed 3/8 cent for
funding of commuter rail (TexRail) and 1/8 cent for economic development activities. The
commuter rail portion is paid directly to Trinity Metro and also provides 50% of the funding for
the Grapevine Visitor Shuttle.

Water and Wastewater Utility Fund

Provides water distribution and wastewater collection, as well as purchase, storage and treatment
of potable water and treatment of wastewater. Funded via utility fees.

Lake Enterprise Fund (Golf Fund)

Provides operation and maintenance of 27-hole course with premium dining service on-site.
Funded by golf fees, sales & merchandise, and restaurant sales.

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