Adopted Budget FY 2018-2019

City of McAllen, Texas
Hotel Occupancy Tax Fund
Summary
Actual Adj. Budget Estimated Budget
16-17 17-18 17-18 18-19
BEGINNING FUND BALANCE $ 24,931 $ - $ 40 $
40
Hotel Taxes 3,822,273 3,971,015 3,635,267 3,722,083
Penalty & Interest 23,633 - 11,987 -
Total Sources and Transfers 3,845,906 3,971,015 3,647,254 3,722,083
TOTAL RESOURCES $ 3,870,837 $ 3,971,015 $ 3,647,294 $ 3,722,123
APPROPRIATIONS
Chamber of Commerce $ 1,080,184 $ 1,077,005 $ 984,073 $ 976,452
Total Expenditures 1,080,184 1,077,005 984,073 976,452
Transfers-Out
Convention Center Fund 1,890,899 1,885,507 1,723,627 1,955,905
Performing Arts Center Fund 810,714 808,503 739,554 489,726
Development Corporation Fund - 100,000 100,000 100,000
Marketing Campaign 89,000 100,000 100,000 200,000
Total Transfers-Out 2,790,613 2,894,010 2,663,181 2,745,631
TOTAL APPROPRIATIONS 3,870,797 3,971,015 3,647,254 3,722,083
Revenues over/(under) Expenditures (24,890) - - -
ENDING FUND BALANCE $ 40 $ - $ 40 $
40
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