Page 59 - CityofGrapevineFY25AdoptedBudget

Mixed Beverage Taxes In fiscal year 2024 mixed beverage taxes grew 2.4% over FY23.
Moderate growth is expected in parallel to sales tax.

Licenses, Fees & Permits include franchise fees, building permits and other development and
code-related fees. Franchise fees in FY24 are estimated to be 3% less than FY23. This revenue
stream is projected to remain flat over the next three years.

Fines, Forfeitures and Charges for Services include municipal court fines, parks and recreation
service fees, library fines, vital statistics fees and internal charges to non-General fund
departments for employee health insurance, fleet maintenance and information technology
services. This revenue stream increased 19% between FY23 and FY24. This revenue stream is
projected to grow 4% annually over the following three years.

Interest and Miscellaneous Revenues include interest income from investment,
intergovernmental revenue, insurance reimbursements, subrogation revenue and lease income
from the collocation of communications antennae on city property. Revenues decreased 29%
between FY23 and FY24 due to reduced income associated with interest, insurance recoveries,
and sale of fixed assets. It’s projected that collections will remain level in FY25.

Transfers In consist of payments in lieu of taxes from outside funds to the General fund for
administrative services and contributions to the Debt Service fund for principal and interest
payments on each fund’s portion of outstanding debt obligations. This source of revenue
increased 16% from FY23 to FY24 and is expected to grow around 4% each year.

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