Adopted Budget FY 2018-2019

CITY OF McALLEN, TEXAS
2018-2019 SUMMARY OF MAJOR
REVENUES & EXPENDITURES AND FUND BALANCES
GENERAL FUND SPECIAL REVENUE FUNDS 1
Actual Adj. Budget Estimated Budget Actual Adj. Budget Estimated Budget
16-17 17-18 17-18 18-19 16-17 17-18 17-18 18-19
FINANCING SOURCES
Ad Valorem Taxes $ 37,544,580 $ 40,052,245 $ 40,183,695 $ 41,876,561 $ - $ - $ - $ -
Penalty & Interest Property Taxes 869,503 995,500 950,500 965,533 - - - -
Sales Taxes 43,822,347 45,500,332 46,400,332 49,410,339 14,655,387 14,657,520 15,397,246 16,399,191
Franchise Taxes 6,758,896 6,410,000 6,701,773 6,817,359 186,662 - 186,662 186,662
Hotel Taxes - - - - 4,916,015 5,144,290 4,671,461 4,789,363
Licenses and Permits 1,979,043 1,847,975 2,163,284 2,353,466 - - - -
Intergovernmental Revenues 872,176 860,000 981,040 990,000 2,471,719 4,151,542 1,209,548 3,961,338
Charges for Services 5,245,594 4,652,052 5,078,695 4,965,187 1,630,011 1,359,300 2,220,270 2,682,570
Fines and Forfeitures 1,303,985 1,315,000 1,357,969 1,292,000 - - - -
Miscellaneous 2,800,884 2,265,000 2,397,399 1,083,066 11,196,324 9,202,230 6,005,804 3,958,807
Interest 546,106 570,000 768,028 780,000 197,518 110,000 188,782 153,338
Rentals - - - - - - - -
Sale of Property - - - - 26,515 181,250 50,687 -
Debt/Loan Proceed - - - - - - - -
Total Revenues 101,743,114 104,468,102 106,982,717 110,533,511 35,280,152 34,806,132 29,930,460 32,131,269
Transfers from other funds 10,530,587 10,540,028 10,540,028 10,230,282 - 100,000 100,000 100,000
Total Financing Sources $ 112,273,701 $ 115,008,130 $ 117,522,745 $ 120,763,793 $ 35,280,152 $ 34,906,132 $ 30,030,460 $ 32,231,269
FINANCIAL USES:
Salaries and Wages $ 59,039,116 $ 62,704,639 $ 62,179,797 $ 63,925,258 $ 843,029 $ 911,492 $ 748,267 $ 940,846
Employee Benefits 16,430,144 16,454,685 17,847,888 17,935,689 169,835 186,261 180,798 183,813
Supplies 1,886,283 1,761,991 1,805,957 1,792,976 51,704 79,368 49,176 79,368
Other Services and Charges 18,456,503 17,798,671 17,979,565 17,832,075 22,389,295 15,626,313 14,155,881 12,598,100
Maintenance 8,410,960 8,558,881 8,698,099 8,642,256 24,525 42,453 22,648 42,453
Capital Outlay 1,977,103 1,422,343 1,472,844 1,652,479 5,062,118 16,699,743 7,572,590 16,066,168
Debt Service - - - - - - - -
Total Expenditures/Expenses 106,200,109 108,701,213 109,984,150 111,780,733 28,540,506 33,545,630 22,729,360 29,910,748
Extraordinary Expense/Loan Payback - - - - - - - -
Transfers to other funds 7,136,112 4,817,941 4,918,363 3,768,825 8,573,340 9,983,326 8,957,878 9,012,745
Total Financial Uses $ 113,336,222 $ 113,519,153 $ 114,902,513 $ 115,549,558 $ 37,113,846 $ 43,528,956 $ 31,687,238 $ 38,923,493
Revenue over/under Expenditures (1,062,522) 1,488,977 2,620,232 5,214,235 (1,833,694) (8,622,824) (1,656,778) (6,692,224)
FUND BALANCES/WORKING CAPITAL
Unassigned Fund Balances/Unrestricted - - - - - - - -
Working Capital -- Beginning of Year 44,346,729 40,687,685 42,941,348 45,561,581 22,449,256 22,267,071 20,642,628 19,107,663
Other Items Affecting Working Capital (342,859) - - - 27,064 - 121,813 -
Unassigned Fund Balances/Unrestricted
Working Capital -- End of Year $ 42,941,348 $ 42,176,666 $ 45,561,581 $ 50,775,816 $ 20,642,628 $ 13,644,247 $ 19,107,663 $ 12,415,437
1. Special Revenue Funds:
Hotel Occupancy Tax Fund
Venue Tax Fund
Development Corporation Fund
EB-5 Fund
Parkland 1,2 & 3 Funds
Public, Educational, & Governmental (PEG) Fund
Friends of Quinta
Community Development Block Grant
Police Department Seized Fund
Downtown Services Parking Fund
Drainage Fee Fund
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