Page 215 - CityofGrapevineFY25AdoptedBudget

FY 2024-25 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
4B TRANSIT FUND

2021-22 2022-23 2023-24 2023-24 2024-25
Actual Actual Budget Estimate Approved

BEGINNING FUND BALANCE: - 23,346 2,827 2,827 13,438
OPERATING REVENUE:
Sales Tax 12,722,205 13,892,702 14,062,500 15,972,773 15,937,500
Interest Income - 2,827 10,000 10,617 -
Total Operating Revenue 12,722,205 13,895,529 14,072,500 15,983,390 15,937,500
TOTAL REVENUE AND TRANSFERS 12,722,205 13,895,529 14,072,500 15,983,390 15,937,500
OPERATING EXPENDITURES:
Contractual Services - Trinity Metro 11,916,694 13,587,660 13,653,337 15,624,576 15,511,684
Sales Tax Repayment 633,793 - - - -
Total Operating Expenditures 12,550,487 13,587,660 13,653,337 15,624,576 15,511,684

TRANSFERS OUT:
Transfer to Visitor Shuttle Fund 148,372 328,388 409,163 348,203 425,816
Total Transfers Out 148,372 328,388 409,163 348,203 425,816
TOTAL EXPENDITURES AND TRANSFERS 12,698,859 13,916,048 14,062,500 15,972,779 15,937,500

SURPLUS / (DEFICIT) 23,346 (20,519) 10,000 10,611 -
ENDING FUND BALANCE: 23,346 2,827 12,827 13,438 13,438

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