Page 275 - CityofGrapevineFY26AdoptedBudget
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FY26 DEPARTMENT GOALS AND OBJECTIVES
Proactively execute business development strategies and identify quality business prospects.
Strategically plan inbound economic development marketing strategy.
Provide excellent customer service for key business stakeholders.
Facilitate cross-departmental collaboration to increase the efficiency and impact of city programs.
STATEMENT OF REVENUE AND EXPENSES
ADOPTED ESTIMATE ADOPTED
ACTUALS
BUDGET D BUDGET
$ Change from FY25 % Change from FY25
FY2023 FY2024 FY2025 FY2025 FY2026
Bud Bud
OPERATING REVENUES
SALES TAXES $5,874,10 4 $6,202,38 8 $5,312,500 $6,337,500 $6,500,000 $1,187,500 22%
INVESTMENT INCOME $489,913 $649,451 $341,715 $546,852 $382,626 $40,911 12%
MISCELLANEOUS $64,854 $0 $0 $8,399,321 $0 $0 –
$6,428,87 $6,851,83 $15,283,67
OPERATING REVENUES TOTAL $5,654,215 $6,882,626 $1,228,411 22%
2 9 3
$0 $2,827 $0 $0 $0 $0 –
TRANSFERS IN
$6,428,87 $6,854,66 $15,283,67
TOTAL REVENUE AND $5,654,215 $6,882,626 $1,228,411 22%
2 6 3
TRANSFERS
OPERATING EXPENDITURES
PERSONNEL SERVICES $396,380 $461,404 $490,259 $494,672 $509,070 $18,811 4%
SUPPLIES $1,486 $738 $12,800 $7,000 $9,500 ($3,300) (26%)
MISC SERVICES & CHARGES $1,795,82 1 $4,326,91 7 $3,274,995 $3,575,307 $3,298,376 $23,381 1%
DESIGNATED EXPENSES $82,152 $52,875 $79,270 $79,270 $62,565 ($16,705) (21%)
CAPITAL OUTLAY $0 $0 $0 $5,552,475 $0 $0 –
OPERATING EXPENDITURES $2,275,83 $4,841,93
$3,857,324 $9,708,724 $3,879,511 $22,187 1%
TOTAL 8 3
$1,878,74 $1,868,76
5 7
TRANSFERS OUT $1,796,891 $1,796,891 $1,815,615 $18,724 1%
$4,154,58 $6,710,70 $11,505,61
4 1 5
TOTAL EXPENDITURES & $5,654,215 $5,695,126 $40,911 1%
TRANSFERS
$2,274,28
SURPLUS / (DEFICIT) 8 $143,966 $0 $3,778,058 $1,187,500 – –
POSITION SUMMARY
Position Name 2023 Actual 2024 Actual 2025 Budgeted 2025 Estimated 2026 Adopted
FTE
ADMINISTRATIVE COORDINATOR 0.5 0.5 0.5 0.5 0.5
COMMERCIAL OUTREACH MANAGER 1 1 1 1 1
DIRECTOR OF ECONOMIC DEVELOPMENT 1 1 1 1 1
MARKET RESEARCH MANAGER 1 1 1 1 1
FTE 3.5 3.5 3.5 3.5 3.5
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