Page 225 - CityofGrapevineFY25AdoptedBudget

Revenue and Other Financing Sources

Total revenue for Enterprise funds is budgeted at $47 million for FY25, which is $8 million (20.5%)
more than the previous year’s budget. A vast majority (95%) consists of charges for services, which
represent water and wastewater services in the Utility fund, and golf course services in the Golf fund.

Water Sales are budgeted at $24.9 million, $6.3 million (34%) higher than last year’s budget. Water
sales in FY24 are estimated at $19.2 million and represent a decrease of $190,444 (1%) from the
prior year.

WATER SALES FY-2019 FY-2020 FY-2021 FY-2022 FY-2023 FY-2024
Actual Actual Actual Actual Actual Estimate

Collections $14,607,630 $15,752,529 $16,062,329 $18,384,730 $19,390,444 $19,200,000
Gain / (Loss) ($1,969,761) ($824,862) $309,800 $2,322,401 $1,005,714 ($190,444)
% Change -12% -5% 2% 14% 5.47% -0.98%

Wastewater Charges are budgeted at $10.5 million, $1.4 million (15%) higher than the previous
budget. Revenue in this category increased by $49,852 in FY24 (1%).

Combined water and wastewater charges represent 95% of revenue in the Enterprise Funds category.

WASTEWATER FY-2019 FY-2020 FY-2021 FY-2022 FY-2023 FY-2024
SALES Actual Actual Actual Actual Actual Estimate

Collections $8,033,819 $7,735,969 $8,391,822 $8,974,247 $8,850,148 $8,900,000
Gain / (Loss) ($337,866) ($635,716) $655,853 $582,425 ($124,099) $49,852
% Change -4% -8% 8% 7% -1% 1%

Golf Course Green Fees are budgeted at $2.5 million and represent an increase of $250,000 (11%)
from the previous year. Actual green fee revenue in FY24 is estimated at $2.1 million.

GOLF COURSE FY-2019 FY-2020 FY-2021 FY-2022 FY-2023 FY-2024
GREEN FEES Actual Actual Actual Actual Actual Estimate

Collections $1,426,621 $1,486,516 $1,796,000 $1,946,821 $2,148,233 $2,148,974
Gain / (Loss) ($3,402) $56,493 $309,484 $150,821 $201,412 $741
% Change 0% 4% 21% 8% 10% 0.03%

217 Back to Table of Contents
Back to Table of Contents
Back
Contents
to
Table
of