Adopted Budget FY 2018-2019

City of McAllen, Texas
Development Corporation
of McAllen, Inc.
Fund Balance Summary
Adjusted
Approved
Actual Budget Estimated Budget
Four Year Plan
16-17 17-18 17-18 18-19 19-20 20-21 21-22 22-23
BEGINNING FUND BALANCE $ 13,800,433 $ 13,769,600 $ 13,764,913 $ 12,091,499 $ 7,438,966 $ 11,231,052 $ 19,110,813 $ 28,829,597
Sales Tax Revenue 14,655,387 14,657,520 15,397,246 16,399,191 16,784,170 17,099,854 17,502,350 17,832,397
Bentsen Rd: Pecan to 3 mile: Hike & Bike Trail 469,710 491,082 - - - - - -
Texas Parks & Wildlife Grant - Motorcross - 572,000 - 400,000 - - - -
War Memorial Ceremonies Plaza Texas Parks & Wildlife Grant 26,515 181,250 50,687 - - - - -
Kennedy Ave Drainage Improvements - HMPG - 633,041 22,931 610,110 - - - -
El Rancho Santa Cruz Drainage Improvements - HMPG - 476,272 207,435 268,836 - - - -
Pecan at North 27th Drainage Improvements - HMPG - 178,886 141,386 37,500 - - - -
Quince Avenue at North 27th Drainage Improvements - HMPG - - - 598,652 - - - -
West Heights Drainage Improvements - HMPG - 3,177,230 35,174 3,142,057 - - - -
TAAF Games -Fees 116,224 - - - - - - -
TAAF Games - Sponsorship 24,000 - - - - - - -
McAllen Marathon 93,031 160,000 130,744 130,000 130,000 130,000 130,000 130,000
Tres Lagos - - - - 1,500,000 - - -
Sponsorships- City Annual Parade 710,867 690,000 628,667 625,000 650,000 650,000 650,000 650,000
Other Revenue - Parade 64,661 60,000 53,228 55,000 50,000 50,000 50,000 50,000
Christmas in the Park - - 1,091 - - - - -
Miscellaneous / Recovery Prior Year Exp 22,541 - 35,150 - - - - -
G.O. Bond Series 2017 - Simon Mall Parking Garage 10,165,000 - - - - - - -
G.O. Bond Series 2018 - Simon Mall Parking Garage - 5,115,000 5,115,000 - - - -
Interest 101,813 110,000 124,091 140,000 120,000 120,000 120,000 120,000
Total Revenues 26,449,750 26,502,281 21,942,828 22,406,346 19,234,170 18,049,854 18,452,350 18,782,397
Operating Transfer In
Transfer In - Hotel Occupancy Tax Fund - 100,000 100,000 100,000 100,000 100,000 100,000 100,000
TOTAL RESOURCES $ 40,250,183 $ 40,371,881 $ 35,807,741 $ 34,597,845 $ 26,773,136 $ 29,380,906 $ 37,663,163 $ 47,711,994
Expenditures
Skill Job Training & Learning Centers 1,371,703 1,040,300 1,040,300 999,338 945,300 945,300 945,300 945,300
Health Clinic Facility 176,000 200,000 200,000 233,942 176,000 176,000 176,000 176,000
Business District Improvements 15,182,524 10,498,421 9,541,036 5,918,675 1,669,016 1,568,750 1,546,823 1,242,765
Street and Drainage Improvements 786,453 9,171,145 3,022,871 9,359,976 4,595,500 - - -
Recreation / Community Centers Improvements 2,101,433 3,618,863 2,216,295 2,858,000 1,450,000 920,000 2,798,000 920,000
Other 2,392,242 2,817,306 2,552,020 2,691,664 2,125,000 2,075,000 2,075,000 2,075,000
Total Expenditures (Detail Schedule Attached) 22,010,355 27,346,035 18,572,522 22,061,595 10,960,816 5,685,050 7,541,123 5,359,065
Transfers-Out
Transfer to General Fund 3,489,150 3,487,200 3,487,200 3,488,825 3,488,825 3,492,600 200,000 200,000
Transfer to Metro McAllen Fund 803,373 925,618 925,618 925,618 925,618 925,618 925,618 925,618
Transfer to Street Consruction Fund - 271,077 271,077 - - - - -
Transfer to Transit System Fund 209,457 995,833 459,825 682,841 166,825 166,825 166,825 -
Total Transfers-Out 4,501,980 5,679,728 5,143,720 5,097,284 4,581,268 4,585,043 1,292,443 1,125,618
TOTAL APPROPRIATIONS 26,512,440 33,025,763 23,716,242 27,158,879 15,542,084 10,270,093 8,833,566 6,484,683
Revenues over/(under) Expenditures (62,585) (6,523,482) (1,773,414) (4,752,533) 3,792,086 7,879,761 9,718,784 12,397,714
Other items affecting Working Capital 27,064 - - - - - - -
UNRESERVED ENDING FUND BALANCE $ 13,764,913 $ 7,346,118 $ 12,091,499 $ 7,438,966 $ 11,231,052 $ 19,110,813 $ 28,829,597 $ 41,227,311
- 346 -