Page 9 - CityofGrandPrairieFY25Adopted Budget
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               September 17 , 2024
               Honorable Mayor and City Council,

               I  am  pleased  to  present  the  Adopted  Budget  for  Fiscal  Year  2025,  which  balances
               revenues and expenditures while maintaining optimal city services in a transitional year.
               The budget reflects our commitment to delivering world-class service to our residents and
               taking care of our greatest asset, our employees.

               Fiscal Year 2024 saw challenging yet rewarding times as the city dealt with a budget
               deficit but continued to focus on maintaining the level of service residents expect while
               expanding programs and development. Thanks to your support, we are one step closer
               to becoming a top-five destination and delivering attainable housing opportunities for all
               in the downtown area and beyond. But this is only the beginning; FY 2024 brought us
               many more achievements, including:

                   •  Being named the #4 safest major city by the FBI and #1 safest city in the Dallas-
                       Fort Worth area by WalletHub
                   •  Welcoming 40,000+ guests at Main Street Fest and 150,000+ at Prairie Lights
                   •  Hosting  thousands  of  out-of-town  visitors  and  Staycationers  at  EpicCentral’s
                       entertainment destination, including hundreds for the Solar Eclipse Watch Party
                   •  Opening Andretti Indoor Karting and Games and Bass Pro Shops
                   •  Announcing a Topgolf development in the Hwy 161 corridor
                   •  Celebrating the ribbon cutting for the Grand Prairie Events & Convention Center
                       and Hilton Garden Inn and Homewood Suites
                   •  Hosting the ICC Men’s T20 World Cup and second Major League Cricket season
                   •  Completing road expansion projects to improve transportation throughout the city
                   •  Kicking  off  a  disparity  study  to  improve  equality  and  transparency  in  citywide
                       contracting practices
                   •  Soft launching the city’s Hispanic Marketing initiative
                   •  Holding the Turner, Tyre, and Mi Familia Park ribbon cuttings
                   •  Annexing the Extraterritorial Jurisdiction located south of US 287 in Ellis County
                   •  Receiving  the  Government  Finance  Officers  Association  (GFOA)  Certificate  of
                       Excellence in Financial Reporting award
                   •  Selected as a National League of Cities (NLC) Centennial Roadshow Tour official
                       stop
                   •  Designating Juneteenth and Cesar Chavez/Dolores Huerta Holidays
                   •  Launching  the  Grand  Prairie  Proud  initiative,  fostering  comradery  among  city
                       employees

               The adopted budget for Fiscal Year 2025 totals $540 million. We are transitioning to a
               more conservative approach to ensure the city has all the resources needed to function
               efficiently and effectively as we move forward.






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