Adopted Budget FY 2018-2019

City of McAllen, Texas
General Obligation Bond
Debt Service Fund
Summary
RESOURCES
Actual Adj. Budget Estimated Budget
16-17 17-18 17-18 18-19
BEGINNING FUND BALANCE $ 1,052,180 $ 1,052,180 $ 2,370,907 $ 1,635,419
Sources:
Ad Valorem Tax 4,434,151 3,147,206 3,361,090 4,377,058
Contributions - 871,627 - -
Interest Earned 29,895 - 42,135 -
Total Revenues 4,464,046 4,018,833 3,403,225 4,377,058
Operating Transfers In
General Fund 3,289,150 3,287,200 3,287,200 3,288,825
Total Sources and Transfers 7,753,196 7,306,033 6,690,425 7,665,883
TOTAL RESOURCES $ 8,805,376 $ 8,358,213 $ 9,061,332 $ 9,301,302
APPROPRIATIONS
Operating Expenses:
Principal:
General Obligation Bonds 2014 $ 1,525,000 $ 1,575,000 $ 1,575,000 $ 1,640,000
General Obligation Refunding Bonds 2015 2,860,000 2,990,000 2,990,000 3,145,000
Certificate of Obligation Series 2016 - - - -
Certificate of Obligation Series 2018 - - - 135,000
Interest
General Obligation Bonds 2014 1,617,900 1,571,400 1,571,400 1,506,775
General Obligation Refunding Bonds 2015 429,150 297,200 297,200 143,825
Certificate of Obligation Series 2016 - 871,627 871,627 871,627
Certificate of Obligation Series 2018 - 119,879 220,431
Fees/ 2,419 806 806 3,225
Total Expenses 6,434,469 7,306,033 7,425,912 7,665,883
TOTAL APPROPRIATIONS 6,434,469 7,306,033 7,425,912 7,665,883
ENDING FUND
BALANCE-UNRESERVED $ 2,370,907 $ 1,052,180 $ 1,635,419 $ 1,635,419
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