Page 61 - CityofGrandPrairieFY25Adopted Budget

City of Grand Prairie
Park Venue Fund
Special Revenue Fund
2024/2025
Modified Modified
2022-23 2023-24 2023-24 2024-25 vs. vs.
Actual Modified Projection Adopted Adopted Adopted
% $

Beginning Resources $ 9,309,434 $ 8,583,540 $ 8,583,540 $ 8,947,210 4% $ 363,670
Revenues
Sales and Use Taxes $ 12,010,058 $ 12,058,398 $ 12,058,398 $ 12,225,714 1% $ 167,316

Charges for Services 2,828,554 2,546,303 2,850,816 2,854,157 12% 307,854
Rents and Royalties 743,655 679,407 731,960 752,588 11% 73,181

Misc Revenue 94,432 66,500 120,229 68,362 3% 1,862

Total Operating Revenues $ 15,676,699 $ 15,350,608 $ 15,761,403 $ 15,900,821 4% $ 550,213
Transfer from General $ 7,502,491 $ 7,789,294 $ 7,789,294 $ 8,503,649 9% $ 714,355
Transfer from Grants 80,555 103,000 103,000 103,000 0% -

Transfer from Hotel/Motel 62,500 62,500 62,500 62,500 0% -

Transfer from Priarie Lights - - - 20,000 0% 20,000
Transfer from Park Venue - - - 100,061 0% 100,061
General and Administrative Revenues - - - 307,335 0% 307,335

Total Operating & Non-Operating Revenues $ 23,322,245 $ 23,305,402 $ 23,716,197 $ 24,997,366 7% $ 1,691,964

Total Resources $ 32,631,679 $ 31,888,942 $ 32,299,737 $ 33,944,576 6% $ 2,055,634
Expenditures
Personnel $ 8,282,260 $ 9,901,947 $ 9,700,451 $ 10,616,337 7% $ 714,390
Operating Expenses
Purchased Services 3,150,271 3,552,085 3,548,003 3,787,553 7% 235,468

Utilities 1,216,534 1,481,535 1,325,523 1,378,455 -7% (103,080)
Supplies and Materials 738,008 860,938 836,816 890,203 3% 29,265

Maintenance and Repair 591,563 652,471 645,536 756,794 16% 104,323

Interdepartmental 569,522 675,554 675,554 997,595 48% 322,041

Misc Operating Expenses 304 674,021 746 31,222 -95% (642,799)

Travel and Training 13,801 50,667 50,667 52,865 4% 2,198

Total Operating Expenditures $ 14,562,263 $ 17,849,218 $ 16,783,296 $ 18,511,024 4% $ 661,806
Capital Outlay $ 164,279 $ 127,149 $ 127,149 $ 182,149 43% $ 55,000

Debt Service 2,599,338 2,611,621 2,611,621 2,635,653 1% 24,032
Reimbursements 129,075 180,718 180,718 - -100% (180,718)

Transfer to Park Venue - - - 100,061 0% 100,061

Transfer to Parks CIP 5,600,000 3,000,000 3,000,000 3,000,000 0% -

Transfer to PID 267,896 267,896 267,896 350,456 31% 82,560

Transfer to Golf 350,000 - - - 0% -
Transfer to EpicCentral 366,666 365,500 365,500 - -100% (365,500)
Transfer to General - 60,155 - -100% (60,155)
Transfer to Grants 8,622 16,347 16,347 16,350 0% 3

Transfer to Epic and Epic Waters - - - 45,000 0% 45,000

Total Operating & Non-Operating Expenditures $ 24,048,139 $ 24,478,604 $ 23,352,527 $ 24,840,693 1% $ 362,089
Ending Resources $ 8,583,540 $ 7,410,338 $ 8,947,210 $ 9,103,883

Debt Service 1,023,000 1,023,000 1,023,000 1,023,000
Community Project - 2,600,000 - -
Reserves $ 1,023,000 $ 3,623,000 $ 1,023,000 $ 1,023,000

Ending Resources Less Reserves $ 7,560,540 $ 3,787,338 $ 7,924,210 $ 8,080,883
Addition to (or draw on) Reserves (725,894) (1,173,202) 363,670 156,673
Fund Balance Requirement (80) Days 5,270,825 5,365,173 5,118,362 5,444,535
Excess fund balance available 3,312,715 2,045,165 3,828,848 3,659,348

Current Total Positions: 94 Full-Time and 103 Part-Time
Frozen: 2 Full-Time and 0 Part-Time

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