Page 344 - CityofGrapevineFY26AdoptedBudget

STATEMENT OF REVENUE AND EXPENSES

ADOPTED ESTIMATE ADOPTED
ACTUALS
BUDGET D BUDGET
$ Adopted vs 25 % Adopted vs 25
FY2023 FY2024 FY2025 FY2025 FY2026
Bud Bud

Revenues
CHARGES FOR SERVICES
CLUB RENTAL REVENUES $29,479 $32,279 $30,000 $39,000 $35,000 $5,000 17%
CART RENTALS $877,701 $971,392 $990,000 $1,011,00 0 $1,050,000 $60,000 6%
TOURNAMENT FEES $9,436 $9,612 $10,000 $12,000 $12,000 $2,000 20%
DRIVING RANGE REVENUE $273,494 $295,321 $282,000 $349,000 $310,000 $28,000 10%
FOOD & BEVERAGE REVENUE $1,216,87 5 $1,464,66 0 $1,616,000 $1,700,41 7 $1,804,994 $188,994 12%
MERCHANDISE SALES $455,514 $424,127 $450,000 $475,000 $475,000 $25,000 6%

GREEN FEES $2,148,23 3 $2,269,88 7 $2,500,000 $2,464,00 0 $2,600,000 $100,000 4%
ANNUAL GREEN FEE $380,850 $435,500 $480,000 $480,000 $500,000 $20,000 4%
MEMBERSHIPS
LESSON INCOME $47,570 $89,949 $60,000 $97,000 $100,000 $40,000 67%
GOLF SUB LEASE $429,118 $452,518 $450,000 $401,393 $450,000 $0 0%

$5,868,27 $6,445,24 $7,028,81
CHARGES FOR SERVICES TOTAL $6,868,000 $7,336,994 $468,994 7%
1 4 0
INVESTMENT INCOME $16,082 $1,607 $16,000 $4,830 $2,694 ($13,306) (83%)
MISCELLANEOUS $29,085 $11,273 $25,000 $9,000 $9,000 ($16,000) (64%)
SALE OF CAPITAL ASSETS $0 $0 $230,400 $230,400 $6,400 ($224,000) (97%)
CAPITAL CONTRIBUTIONS $0 $25,500 $0 $0 $0 $0 –

$5,913,43 $6,483,62 $7,273,04
REVENUES TOTAL $7,139,400 $7,355,088 $215,688 3%
8 4 0

Expenses
PERSONNEL SERVICES $2,804,81 0 $3,034,79 2 $2,891,305 $2,884,60 2 $2,992,190 $100,885 3%
SUPPLIES $1,232,86 7 $1,256,52 1 $1,253,000 $1,289,91 0 $1,328,100 $75,100 6%
REPAIR & MAINTENANCE $213,985 $221,194 $202,500 $201,000 $191,000 ($11,500) (6%)
MISC SERVICES & CHARGES $784,773 $768,165 $743,381 $808,131 $845,253 $101,872 14%
DESIGNATED EXPENSES $787,300 $787,199 $826,714 $838,487 $1,025,808 $199,094 24%
DEBT SERVICES $74,100 $55,313 $0 $0 $0 $0 –

CAPITAL OUTLAY $0 $0 $1,035,000 $1,065,91 0 $733,000 ($302,000) (29%)
OPERATING TRANSFER OUT $161,118 $166,710 $187,500 $185,000 $187,500 $0 0%

$6,058,95 $6,289,89 $7,273,04
EXPENSES TOTAL $7,139,400 $7,302,851 $163,451 2%
2 4 0
($145,514) $193,730 $0 $0 $52,237 – –
Surplus (Deficit)

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