Adopted Budget FY 2018-2019

City of McAllen, Texas
Hotel Occupancy Tax Fund
Working Capital Summary
Adjusted
Approved
Actual Budget Estimated Budget
Four Year Plan
RESOURCES 16-17 17-18 17-18 18-19 19-20 20-21 21-22 22-23
BEGINNING
WORKING CAPITAL $ 24,931 $ - $ 40
40 $ 40 $ 40 $ 40 $
40
Revenues:
Hotel Taxes 3,822,273 3,971,015 3,635,267 3,722,083 3,722,083 3,722,083 3,722,083 3,722,083
Penalty & Interest 23,633 - 11,987 - - - - -
Total Revenues 3,845,907 3,971,015 3,647,254 3,722,083 3,722,083 3,722,083 3,722,083 3,722,083
TOTAL RESOURCES $ 3,870,838 $ 3,971,015 $ 3,647,294 $ 3,722,123 $ 3,722,123 $ 3,722,123 $ 3,722,123 $ 3,722,123
APPROPRIATIONS
Chamber of Commerce $ 1,080,184 $ 1,077,005 $ 984,073 $ 976,452 $ 976,452 $ 976,452 $ 976,452 $ 976,452
Operating Transfer-Outs
Convention Center 1,890,899 1,885,507 1,723,627 1,955,905 1,955,905 1,955,905 1,955,905 1,955,905
Performing Arts Center Fund 810,714 808,503 739,554 489,726 489,726 489,726 489,726 489,726
Development Corp. Fund - 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Marketing Campaign 89,000 100,000 100,000 200,000 200,000 200,000 200,000 200,000
Operating Transfer-Outs 2,790,613 2,894,010 2,663,181 2,745,631 2,745,631 2,745,631 2,745,631 2,745,631
TOTAL APPROPRIATIONS 3,870,798 3,971,015 3,647,254 3,722,083 3,722,083 3,722,083 3,722,083 3,722,083
ENDING WORKING CAPITAL $ 40
- 40 40 $ 40 $ 40 $ 40 $
40
City of McAllen, Texas
Venue Tax Fund
Working Capital Summary
Adjusted
Approved
Actual Budget Estimated Budget
Four Year Plan
RESOURCES 16-17 17-18 17-18 18-19 19-20 20-21 21-22 22-23
BEGINNING
WORKING CAPITAL $ 99,571 $ - $ 73,139 194,669 $ 194,669 $ 194,669 $ 194,669 $ 194,669
Revenues:
Hotel Taxes 1,093,742 1,173,275 1,036,194 1,067,280 1,067,280 1,099,298 1,132,277 1,166,245
Penalty & Interest 6,632 - - - - - - -
Total Revenues 1,100,374 1,173,275 1,036,194 1,067,280 1,067,280 1,099,298 1,132,277 1,166,245
TOTAL RESOURCES $ 1,199,945 $ 1,173,275 $ 1,109,333 $ 1,261,949 $ 1,261,949 $ 1,293,967 $ 1,326,946 $ 1,360,914
APPROPRIATIONS
Operating Transfer-Outs
Debt Service Fund $ 855,925 $ 856,919 $ 856,919 $ 857,819 $ 858,119 $ 857,919 $ 856,919 $ 855,119
Certificate of Obligation S14 Fund (PAF) - 258,611 - - - - - -
Performing Arts Construction Fund 270,881 - - - - - - -
Performing Arts Center Fund - 57,745 57,745 209,461 209,161 241,379 275,358 311,126
Operating Transfer-Outs 1,126,806 1,173,275 914,664 1,067,280 1,067,280 1,099,298 1,132,277 1,166,245
TOTAL APPROPRIATIONS 1,126,806 1,173,275 914,664 1,067,280 1,067,280 1,099,298 1,132,277 1,166,245
ENDING WORKING CAPITAL $ 73,139
- 194,669 194,669 $ 194,669 $ 194,669 $ 194,669 $ 194,669
- 343 -