Page 227 - CityofGrapevineFY26AdoptedBudget

SUMMARY OF MAJOR REVENUES

Sales Tax
ACTUALS ADOPTED ESTIMATED ADOPTED
FY2023 FY2024 FY2025 FY2025 FY2026

Revenues
CRIME CONTROL DISTRICT FUND $19,411,625 $20,738,246 $21,250,000 $21,750,000 $21,250,000
4B TRINITY METRO $13,892,702 $14,900,925 $15,937,500 $15,111,875 $14,750,000
ECONOMIC DEVELOPMENT $5,874,104 $6,202,388 $5,312,500 $6,337,500 $6,500,000
REVENUES TOTAL $39,178,432 $41,841,560 $42,500,000 $43,199,375 $42,500,000

Sales Taxes represent the largest revenue stream at 50% of total revenues. Sales taxes are budgeted at $42.5 million, split between the CCPD, 4B
Transit, and Economic Development funds. Collections in FY25 are estimated at $43.2 million and represent an increase of $1.4 million (3%) from the
prior year. In the 4B Transit fund, 3/8-cent of collections are remitted to Trinity Metro in support of commuter rail.

Hotel Occupancy Taxes
ACTUALS ADOPTED ESTIMATED ADOPTED
FY2023 FY2024 FY2025 FY2025 FY2026

Revenues
CVB $17,864,191 $18,253,076 $16,194,941 $16,194,941 $16,979,702
CVB INCENTIVES FUND $6,100,804 $6,313,964 $5,201,932 $5,201,932 $5,429,594

REVENUES TOTAL $23,964,995 $24,567,040 $21,396,873 $21,396,873 $22,409,296

Occupancy Taxes are obtained through the assessment of a 7% tax levy to the rental rate of hotel and motel rooms within the city. Funds generated by
the occupancy tax are required to be used in a manner that directly enhances and promotes tourism and the convention and hotel industry. Occupancy
taxes are budgeted at $22.4 million for FY26 ($1 million increase) and are the second largest source of revenue at 27%. FY25 collections are estimated at
$22.4 million and represent a 9% decrease from the previous year. The City collects occupancy taxes from twenty-one properties within its jurisdiction
with a combined capacity of 6,022 rooms.

Charges for Services
ACTUALS ADOPTED ESTIMATED ADOPTED
FY2023 FY2024 FY2025 FY2025 FY2026

Revenues
STORM DRAINAGE UTILITY FUND $1,520,316 $1,535,961 $1,540,000 $1,500,000 $1,500,000
LAKE PARKS FUND $3,496,957 $2,246,192 $3,646,800 $3,506,366 $3,616,000
CVB $9,827,781 $9,905,975 $10,052,620 $9,713,620 $10,103,325
SHUTTLE SERVICES FUND $320 $0 $0 $0 $0
REVENUES TOTAL $14,845,374 $13,688,127 $15,239,420 $14,719,986 $15,219,325

Charges for Services include revenue from Grapevine Vintage Railroad operations, facility rental fees, food, beverage and merchandise sales,
stormwater drainage fees, recreation and camping fees, and the Grapevine Visitor Shuttle. Revenue in this category is budgeted at $15.2 million for
FY26, down $20,095 (less than 1%) from the previous year. Total Revenue in FY25 is estimated at $14.7 million and represents an increase of $1,031,859
(7.5%) from FY24.

Revenue from festivals is projected at $3.5 million. The Grapevine Vintage Railroad is projected to generate $4.2 million in revenue. Facility rental income
for the CVB is budgeted at $1.2 million, a $100,498 increase from the previous year’s budget.

Stormwater drainage fee revenue, budgeted at $1.5 million, is generated by the assessment of a monthly fee on all developed properties within the City.
Funds collected through the monthly billings provide much needed drainage maintenance, repair and construction activities related to storm drainage
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facilities. The revenue collected from the Stormwater Drainage Utility can only be spent on drainage related issues. For owners of single-family