Page 71 - CityofGrapevineFY25AdoptedBudget

CHARGES FOR FY-2019 FY-2020 FY-2021 FY-2022 FY-2023 FY-2024
SERVICES Actual Actual Actual Actual Actual Estimate

Collections $8,607,063 $7,848,563 $8,209,525 $7,852,670 $10,419,639 $12,352,540
Gain / (Loss) ($4,044,055) ($758,500) $360,962 ($356,855) $2,566,969 $1,932,901
% Change -32% -9% 5% -4% 33% 19%

Fines and forfeitures represent revenue generated from the municipal court and other punitive
actions. Revenue in this category is budgeted at $1.3 million, an increase of $304,800 (30%) from
the previous year’s budget. Actual collections in FY24 total $1,284,936 and represent a 6% decrease
from the previous year.

FINES AND FY-2019 FY-2020 FY-2021 FY-2022 FY-2023 FY-2024
FORFEITURES Actual Actual Actual Actual Actual Estimate

Collections $1,542,241 $1,026,561 $967,554 $1,082,433 $1,364,971 $1,284,936
Gain / (Loss) ($40,215) ($515,680) ($59,007) $114,879 $282,538 ($80,035)
% Change -3% -33% -6% 12% 26% -6%

Intergovernmental revenue consists of funds earned by the City in exchange for services provided
to other local, state, federal and quasi-governmental agencies. Examples of revenue sources include
school resource officers at Grapevine-Colleyville ISD facilities and payment for some fire
department inspection services. Intergovernmental revenue is budgeted at $105,000 in FY25.

Interest Income is budgeted at $180,000. Interest income estimated in FY24 totaled $375,000 and
represented an decrease of $122,734 from FY23.

Miscellaneous revenue includes sales of salvage and fixed assets, insurance reimbursements and
income from tower and ground communications leases. Income from subrogation of insurance
claims is budgeted at $75,000. Total miscellaneous revenue is budgeted at $1,782,084 for FY25.

Transfers In represents those revenues that are transferred from one fund to another as a payment
in lieu of Ad Valorem taxation, gross receipts charges, and indirect operating costs. Administrative
fees paid to the General fund from the Utility, Convention & Visitors, Lake Enterprise, 4B, and
Stormwater Drainage funds are budgeted at $5.3 million in FY25, which is $615,050 (13%) more
than the previous year.

Operating transfers to the Debt Service fund for principal and interest payments for debt issued to
support the Convention & Visitors, Storm Drainage, Lake Parks, Water Utility and Economic
Development funds are budgeted at $3.9 million. An operating transfer to the Capital/Street
Maintenance fund is budgeted at $4.89 million and represents a $2.22 million increase from the
previous year.

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