Adopted Budget FY 2018-2019

City of McAllen, Texas
Workmen's Compensation 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 $ 9,878,832 $ 9,254,947 $ 11,163,173 $ 11,989,260 $ 8,866,263 $ 10,183,766 $ 11,371,605 $ 12,313,760
Revenues: .
Fund Contributions: Wkrs Comp 2,629,339 2,765,463 2,765,463 2,173,267 2,615,941 2,615,941 2,765,463 2,665,717
Other Sources 131,622 150,000 150,000 150,000 150,000 150,000 150,000 150,000
Interest Earned 128,852 12,000 147,956 147,956 12,000 12,000 12,000 12,000
Total Revenues 2,889,813 2,927,463 3,063,419 2,471,223 2,777,941 2,777,941 2,927,463 2,827,717
TOTAL RESOURCES $ 12,768,645 $ 12,182,410 $ 14,226,592 $ 14,460,483 $ 11,644,204 $ 12,961,707 $ 14,299,068 $ 15,141,477
APPROPRIATIONS
Operating Expenses:
Risk Management $ 533,100 $ 728,508 $ 738,545 $ 754,469 $ 784,008 $ 777,808 $ 777,808 $ 777,808
Insurance Administration Fees 405,838 307,500 267,597 286,750 307,500 307,500 307,500 307,500
Workers' Compensation Claims 596,345 900,000 750,000 900,000 900,000 900,000 900,000 900,000
Total Operations 1,535,283 1,936,008 1,756,142 1,941,219 1,991,508 1,985,308 1,985,308 1,985,308
Transfer-out - Health Insurance Fund 1,500,000 1,080,192 1,080,192 4,150,105 - - - -
TOTAL APPROPRIATIONS 3,035,283 3,016,200 2,836,334 6,091,324 1,991,508 1,985,308 1,985,308 1,985,308
Other Items Affecting Working Capital
Other items 435,603 - - - - - - -
Toll Bridge Fund Loan Payment 203,796 101,898 203,796 101,898 135,864 - - -
Airport Fund Loan Payment 790,412 395,206 395,206 395,206 395,206 395,206 - -
ENDING WORKING CAPITAL $ 11,163,173 $ 9,663,314 $ 11,989,260 $ 8,866,263 $ 10,183,766 $ 11,371,605 $ 12,313,760 $ 13,156,169
- 361 -