Page 26 - CityofGrapevineFY26AdoptedBudget

INTRODUCTION

The City of Grapevine is a municipal corporation incorporated under Article XI of the Texas Constitution (Home Rule Amendment). The City operates
under a Council-Manager form of government and provides such services as are authorized by its charter to advance the health, welfare, safety and
convenience of its citizens.

The City of Grapevine’s FY 2026 annual operating budget is the result of many hours of deliberation as well as a response to both internal and external
forces that impose fiscal constraints. The mission of the budget office is to produce an accurate and user-friendly document that can be utilized as
a resource tool by City staff, citizens of Grapevine, and the community at large.

To accomplish its mission, the budget office has established a set of budget preparation guidelines, which represent generally accepted good budgeting
practices:

1. The annual operating budget presents expenditures requests and estimates of revenues for all local government funds, including general tax
revenues, fees, licenses and permits, charges for services, fines and forfeitures, and miscellaneous revenues.
2. The annual operating budget balances approved expenditures with anticipated revenue and estimated surplus.
3. Budgets for each department/division are broken down into specific cost components, such as personnel costs, supplies, operating expenditures,
equipment, etc.
4. Revenue projections are prepared for each revenue source based on an analysis of past revenue trends and current fiscal conditions.
5. The budget process includes a multiyear projection of capital improvement requirements.
6. Performance measures have been developed and performance standards based on those measures are established for each local service or
function.
7. Service objectives related to workload and performance measures are established to guide the budgeting process
8. A transmittal letter, which summarizes local financial conditions and the principal budget issues the locality must face, is presented to the City
Council along with the annual budget.

The budget also contains sections outlining the program of services for the Capital / Street Maintenance program. The Capital / Street Maintenance
program oversees the maintenance and scheduled repair of the City’s permanent infrastructure, which includes buildings, parks, roadways, rights-of-
way and traffic signals. Funding is provided by a direct transfer from the general fund.

The following funds are appropriated and included within this document:

Fund No Fund Title
100 General
405 Permanent Capital / Street Maintenance (PCMF)
500 Debt Service
304 Stormwater Drainage Utility (SDUS)
305 Crime Control and Prevention District (CCPD)
307 Lake Parks
308 4B Transit
310 Economic Development
312 Convention and Visitors Bureau (CVB)
314 CVB Shuttle System
313 CVB Incentives
200 Utility Enterprise (Water/Sewer)
202 Lake Enterprise (Golf)

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The final components of the budget are the Community Profile and Appendices sections, which contain historical and statistical information,