Page 280 - CityofGrapevineFY26AdoptedBudget

ACTUALS ADOPTED ESTIMATED ADOPTED
FY2023 FY2024 FY2025 FY2025 FY2026
WINE POURING SOCIETY $15,592 $11,454 $8,000 $15,000 $15,000
FESTIVALS INCOME $3,573,991 $3,619,199 $3,574,000 $3,574,000 $3,528,575
PALACE TICKET SALES $724,097 $720,408 $750,000 $400,000 $450,000
SUB LEASE RENTAL INCOME $175,117 $177,017 $180,000 $180,000 $180,000
FESTIVAL/TRAIN LABOR REIMBURSE $3,168 $0 $0 $0 $0
SALE OF MERCHANDISE $76,577 $129,108 $100,000 $100,000 $100,000
INTEREST ON INVESTMENTS $299,410 $536,177 $0 $389,598 $190,243
INTEREST INCOME FESTIVALS $25,775 $45,935 $50,000 $54,354 $29,466
INTEREST INCOME TRAIN $43,339 $74,433 $78,000 $91,401 $58,932
INTEREST INCOME LOGIC TRAIN $343,807 $473,112 $600,000 $448,745 $367,384
INTEREST REVENUE LEASES ($27) ($17) $0 $0 $0
INTEREST INCOME LOGIC FESTIVAL $147,312 $177,739 $180,000 $167,581 $128,767
SPONSOR INCOME $1,000 $1,000 $1,000 $1,000 $1,000
CCOT CHRISTMAS CAP OF TEXAS $97,205 $61,158 $100,000 $450,000 $400,000
OVER/SHORT $74 $167 $0 $0 $0
MISCELLANEOUS REVENUE $11,604 $30,537 $11,000 $11,000 $11,000
TRANSFER IN CAP $0 $7,163 $0 $0 $0
CVB TOTAL $28,661,472 $29,566,456 $27,267,561 $27,522,240 $28,269,819
SHUTTLE SERVICES FUND
SHUTTLE FARES $320 $0 $0 $0 $0
TRANSFER IN 4B $328,388 $356,836 $425,816 $402,847 $359,957
SHUTTLE SERVICES FUND TOTAL $328,708 $356,836 $425,816 $402,847 $359,957
REVENUES TOTAL $28,990,179 $29,923,292 $27,693,377 $27,925,087 $28,629,776

EXPENSES BY DIVISION

ADOPTED ESTIMATE ADOPTED
ACTUALS
BUDGET D BUDGET
$ Change from FY25 % Change from FY25
FY2023 FY2024 FY2025 FY2025 FY2026
Bud Bud

Expenses
ADMINISTRATION $10,335,32 3 $10,273,16 4 $12,965,038 $13,060,61 8 $8,050,084 ($4,914,954) (38%)
CVB VENUES $2,118,720 $2,119,263 $2,291,540 $1,270,300 $2,472,703 $181,163 8%
FESTIVALS & EVENTS $4,312,615 $4,698,473 $4,421,323 $4,492,296 $4,446,470 $25,147 1%
GRAPEVINE VINTAGE $2,992,609 $2,878,603 $4,386,552 $4,360,295 $4,879,047 $492,495 11%
RAILROAD
SISTER CITIES $2,347 $3,248 $8,400 $8,400 $8,400 $0 0%
WINE POURING SOCIETY $15,480 $18,236 $13,425 $13,425 $14,700 $1,275 10%
VISITORS SHUTTLE $538,776 $693,080 $838,235 $735,097 $695,477 ($142,758) (17%)
HISTORIC PRESERVATION $119,900 $20,662 $0 $0 $89,650 $89,650 –
CONVENTION SALES $0 $0 $0 $0 $424,700 $424,700 –
DESTINATION SERVICES $0 $0 $0 $0 $140,150 $140,150 –
CVB FACILITY MAINT $0 $0 $0 $0 $505,280 $505,280 –
LEISURE SALES $0 $0 $0 $0 $281,500 $281,500 –
MARKETING $0 $0 $0 $0 $4,030,165 $4,030,165 –
NO PROGRAM
DEBT SERVICES $152,345 $35,550 $0 $0 $0 $0 –
CAPITAL OUTLAY ($117,695) $0 $0 $0 $0 $0 –
OPERATING TRANSFER
OUT $2,881,391 $2,456,680 $2,586,310 $2,586,310 $2,574,850 ($11,460) 0%
275
NO PROGRAM TOTAL $2,916,041 $2,492,230 $2,586,310 $2,586,310 $2,574,850 ($11,460) 0%