Adopted Budget FY 2018-2019

City of McAllen, Texas
Downtown Services Parking Fund
Working Capital Summary
Actual Adj. Budget Estimated Budget
16-17 17-18 17-18 18-19
BEGINNING FUND BALANCE $ 297,145 $ 253,225 $ 290,623 $ 228,697
Revenues:
Parking Meter Fees 731,914 810,000 706,285 810,000
Parking Fines 142,212 175,000 126,477 175,000
Transportation 15,904 15,000 29,332 15,000
Special Permit 16,100 15,000 13,600 15,000
Parking Garage Fee 299,452 275,000 318,465 275,000
Parking Garage Lease 31,646 30,000 36,383 30,000
Misc./Decal Parking Reg. Fees 5,129 3,300 2,806 3,300
B-cycle Membership 29,846 36,000 22,341 36,000
Interest Earned 2,921 - 3,751 -
Total Revenues 1,275,123 1,359,300 1,259,440 1,359,300
TOTAL RESOURCES $ 1,572,268 $ 1,612,525 $ 1,550,063 $ 1,587,997
APPROPRIATIONS
Operating Expenses:
Downtown Services $ 1,025,487 $ 1,155,428 $ 1,050,840 $ 1,172,282
Liability Insurance 4,526 4,526 4,526 4,256
Capital Outlay 8,690 72,000 29,000 50,000
1,038,703 1,231,954 1,084,366 1,226,538
Transfers-Out
General Fund 237,000 237,000 237,000 237,000
Health Insurance Fund 5,941 - - 65,550
TOTAL APPROPRIATIONS 1,281,644 1,468,954 1,321,366 1,529,088
Revenues over/(under) Expenditures (6,521) (109,654) (61,926) (169,788)
ENDING FUND BALANCE $ 290,623 $ 143,571 $ 228,697 $ 58,909
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