Page 316 - CityofGrapevineFY26AdoptedBudget

SUMMARY OF MAJOR REVENUES

Charges for Service
ACTUALS ADOPTED ESTIMATED ADOPTED
FY2021 FY2022 FY2023 FY2024 FY2025 FY2025 FY2026

Revenues
UTILITY ENTERPRISE FUND $27,031,161 $30,167,178 $31,205,082 $32,877,602 $38,072,646 $35,577,467 $45,206,412
LAKE ENTERPRISE FUND $3,814,981 $4,238,584 $5,868,271 $6,445,244 $6,868,000 $7,028,810 $7,336,994

REVENUES TOTAL $30,846,142 $34,405,762 $37,073,353 $39,322,846 $44,940,646 $42,606,277 $52,543,406

Total revenue for Enterprise funds is budgeted at $54 million for FY26, which is $7 million (15%) more than the previous year’s budget. A vast majority
(97%) consists of charges for services, which represent water and wastewater services in the Utility fund, and golf course services in the Lake Enterprise
(Golf) fund.

Water Sales are budgeted at $28.6 million, $4.1 million (17%) higher than last year’s budget. Water sales in FY25 are estimated at $22.3 million and
represent an increase of $2.1 million (10.5%) from the prior year. A rate increase was implemented October 1, 2025. This was the first increase in
wastewater fees in 13 years.

Wastewater Charges are budgeted at $12.9 million, $2.5 million (23.5%) higher than the previous budget. Estimated revenue in this category increased
by $588,691 in FY25 (6.3%). A rate increase was implemented October 1, 2025. This was the first increase in wastewater fees in 13 years.

Combined water and wastewater charges represent 96.4% of revenue in the Enterprise Funds category.

Golf Course Green Fees are budgeted at $2.6 million and represent an increase of $100,000 (4%) from the previous year. Actual green fee revenue in
FY25 is estimated at $2.5 million.

The number of golf rounds played in FY25 totaled 82,237 and represents a 3.4% increase from the previous year’s total of 79,499.

Revenue from annual membership sales is budgeted at $500,000 for FY26, $20,000 more than the previous budget year. Actual sales of memberships
are estimated at $480,000 in FY25 which is an increase of $44,500 (10%) from the previous year.

The all-new Grapevine Golf Course Clubhouse and Persimmons Bar & Grill opened in June 2021. The facility has more than doubled in size at 12,500
square feet and boasts a 2,155 square foot covered deck that overlooks the Pecan Nine. Revenue is budgeted at $1.8 million for FY26. Estimated
revenue for FY25 totaled $1.6 million.

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