Page 29 - CityofGrandPrairieFY25Adopted Budget

City of Grand Prairie
General Fund
Governmental Fund
2024/2025
Modified Modified
2022-23 2023-24 2023-24 2024-25 vs. vs.
Actual Modified Projection Adopted Adopted Adopted
% $
Beginning Resources $ 47,179,796 $ 56,022,277 $ 56,022,277 $ 56,874,719 1.52% $ 852,442
Revenues
Property Taxes $ 89,031,628 $ 93,723,083 $ 93,723,083 $ 95,764,679 2.18% $ 2,041,596
Sales and Use Taxes 48,040,231 48,233,714 48,233,714 48,902,858 1.39% 669,144
Other Taxes 563,593 519,173 571,196 571,250 10.03% 52,077
Charges for Services 6,402,058 6,613,200 6,369,898 7,438,914 12.49% 825,714
Fines and Forfeitures 5,096,925 5,258,385 5,258,260 5,436,060 3.38% 177,675
Franchise Fees 15,908,188 16,484,712 15,955,318 16,155,085 -2.00% (329,627)
License Fees and Permits 3,333,840 3,267,920 3,118,477 3,134,365 -4.09% (133,555)
Intergovernmental Revenue 2,591,721 2,798,870 2,848,870 2,680,310 -4.24% (118,560)
Rents and Royalties 475,925 421,871 501,871 342,872 -18.73% (78,999)
Misc Revenue 777,167 668,971 612,024 602,480 -9.94% (66,491)
Total Operating Revenues $ 172,221,276 $ 177,989,899 $ 177,192,711 $ 181,028,873 1.71% $ 3,038,974
Contributions $ 285 $ 2,000 $ 2,000 $ 2,000 0.00% $ -
Gain/Loss On Sales Of Capital 1,597,203 1,485,000 1,738,099 1,503,000 1.21% 18,000
General and Administrative Revenue 5,996,798 6,296,637 6,296,637 10,710,653 70.10% 4,414,016
Investment Income 99,443 1,000,000 1,099,443 1,099,443 9.94% 99,443
Total Operating & Non-Operating Revenues $ 179,915,005 $ 186,773,536 $ 186,328,890 $ 194,343,969 4.05% $ 7,570,433
Total Resources $ 227,094,801 $ 242,795,813 $ 242,351,167 $ 251,218,688 3.47% $ 8,422,875
Expenditures
Personnel $ 123,228,703 $ 135,556,739 $ 134,625,888 $ 142,370,720 5.03% $ 6,813,981
Operating Expenses
Purchased Services 9,503,180 10,975,776 10,894,375 12,258,037 11.68% $ 1,282,261
Utilities 3,166,220 3,690,768 3,606,976 3,880,811 5.15% $ 190,043
Supplies and Materials 5,229,027 6,345,854 6,350,957 5,658,705 -10.83% $ (687,149)
Maintenance and Repair 5,346,854 7,607,338 7,444,251 7,029,792 -7.59% $ (577,546)
Interdepartmental 5,314,015 5,920,575 5,920,575 5,212,914 -11.95% $ (707,661)
Misc Operating Expenses 4,040,916 5,247,402 4,713,048 5,382,500 2.57% $ 135,098
Travel and Training 834,256 849,898 846,463 950,309 11.81% $ 100,411
Total Operating Expenditures $ 156,663,171 $ 176,194,350 $ 174,402,533 $ 182,743,788 3.72% $ 6,549,438

Expenditures (continued)
Capital Outlay $ 2,580,552 $ 3,865,408 $ 3,849,392 $ 1,645,717 -57.42% $ (2,219,691)
Debt Service 186,209 - - - 0.00% -
Insurance Claims and Service 54,227 525,736 525,736 100,000 -80.98% (425,736)
Reimbursements (3,654,807) (3,783,392) (3,783,392) (185,514) -95.10% 3,597,878
Transfer to Park Venue 7,502,491 7,789,294 7,789,294 8,503,649 9.17% 714,355
Transfer to Capital Reserve - 762,428 762,428 482,337 -36.74% (280,091)
Transfer to Economic Development CIP 4,003,000 1,512,428 1,512,428 - -100.00% (1,512,428)
Transfer to Grant Fund 668,681 418,029 418,029 262,438 -37.22% (155,591)
Transfer to Equipment Acquisition 2,500,000 - - 400,000 0.00% 400,000
Transfer to IT CIP 500,000 - - 200,000 0.00% 200,000
Transfer to Epic and Epic Waters 56,000 - - 120,000 0.00% 120,000
Transfer to Golf 13,000 - - - 0.00% -
Total Operating & Non-Operating Expenditures $ 171,072,524 $ 187,284,281 $ 185,476,448 $ 194,272,415 3.73% $ 6,988,134
Ending Resources $ 56,022,277 $ 55,511,532 $ 56,874,719 $ 56,946,273
Ending Resources Less Reserves $ 56,022,277 $ 55,511,532 $ 56,874,719 $ 56,946,273
Addition to (or draw on) Reserves 8,842,481 (510,745) 852,442 71,554
Fund Balance Requirement (50) Days 23,434,592 25,655,381 25,407,733 26,612,660

Excess fund balance available 32,587,685 29,856,151 31,466,986 30,333,613
Current Total Positions: 1,031 Full-Time and 73 Part-Time
Frozen: 39 Full-Time and 19 Part-Time

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