Adopted Budget FY 2018-2019

City of McAllen, Texas
Water Fund
Working Capital Summary
RESOURCES
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 WORKING CAPITAL $ 4,190,479 $ 5,165,173 $ 5,249,296 $ 6,085,061 $ 6,641,787 $ 7,824,552 $ 8,764,421 $ 9,465,408
Revenues:
Water Sales 17,432,173 19,984,681 17,681,264 20,068,336 20,509,321 20,959,810 21,420,039 21,890,254
Tap Fees 420,825 450,000 452,900 450,000 450,000 450,000 450,000 450,000
Connect/Reconnect Fees 377,685 340,000 382,000 370,000 370,000 370,000 370,000 370,000
Other Sources 1,189,608 742,906 1,044,840 1,010,500 1,010,500 1,010,500 1,010,500 1,010,500
Interest Earned 41,638 45,486 78,920 78,355 83,022 97,807 109,555 118,318
Billing Charges 460,000 460,000 460,000 460,000 460,000 460,000 460,000 460,000
Total Revenues 19,921,929 22,023,073 20,099,924 22,437,191 22,882,843 23,348,116 23,820,095 24,299,072
Operating Transfers In - - - - - - - -
Total Revenues and Transfers 19,921,929 22,023,073 20,099,924 22,437,191 22,882,843 23,348,116 23,820,095 24,299,072
TOTAL RESOURCES $ 24,112,408 $ 27,188,246 $ 25,349,220 $ 28,522,252 $ 29,524,630 $ 31,172,668 $ 32,584,516 $ 33,764,480
APPROPRIATIONS
Operating Expenses:
Administration and General/Benefits $ 1,616,855 $ 1,415,117 $ 1,333,014 $ 1,682,740 $ 1,750,656 $ 1,821,628 $ 1,895,794 $ 1,973,297
Employee Benefits 10,000 116,910 42,500 213,562 35,000 35,000 35,000 35,000
Liability and Misc. Insurance 39,060 55,099 55,099 55,099 55,099 55,099 55,099 55,099
Treasury Management 422,592 488,779 453,997 500,801 523,337 546,887 571,497 597,215
Water Treatment Plant 4,728,027 4,642,990 4,586,083 4,565,893 4,771,358 4,986,069 5,210,442 5,444,912
Cost of Raw Water 2,299,340 2,576,568 2,576,568 2,615,571 2,736,453 2,859,753 2,985,520 3,113,801
Water Laboratory 360,752 411,294 406,472 410,808 429,294 448,613 468,800 489,896
Water Line Maintenance 2,155,618 2,583,047 2,314,142 2,686,590 2,807,487 2,933,823 3,065,845 3,203,809
Water Meter Readers 907,494 1,047,388 983,278 1,003,184 1,048,327 1,095,502 1,144,800 1,196,316
Utility Billing 733,673 810,757 743,946 818,395 855,223 893,708 933,925 975,951
Customer Relations 912,897 973,629 943,977 1,060,550 1,108,275 1,158,147 1,210,264 1,264,726
Total Operations 14,186,306 15,121,578 14,439,076 15,613,193 16,120,509 16,834,230 17,576,985 18,350,021
Transfers To Depreciation Fund 1,588,716 1,632,736 1,568,115 1,662,672 1,633,586 1,576,756 1,542,704 1,519,783
Transfers to Debt Service-2015 Issue 1,061,816 1,062,880 1,075,947 1,087,016 1,088,612 1,090,082 1,092,182 1,092,042
Transfers to Debt Service-2016 Issue 1,027,389 1,074,258 1,067,962 1,041,826 805,917 803,552 802,208 860,473
Transfers to Capital Improvements 1,149,948 1,037,643 1,037,643 1,170,921 1,000,000 1,000,000 1,000,000 1,000,000
Planned Debt - 525,000 - 532,724 638,872 691,044 692,445 693,566
Other Non-operating expenses 42,839 75,414 75,414 472,651 113,121 113,121 113,121 113,121
TOTAL APPROPRIATIONS 19,057,014 20,529,509 19,264,157 21,581,003 21,400,617 22,108,785 22,819,645 23,629,005
Other Changes Affecting Working Capital 193,901 - (299,462) (299,462) (299,462) (299,462) (224,596)
ENDING WORKING CAPITAL $ 5,249,296 $ 6,658,736 $ 6,085,061 $ 6,641,787 $ 7,824,552 $ 8,764,421 $ 9,465,408 $ 9,910,878
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