Page 182 - APPROVED ANNUAL BUDGET BOOK FY 21-22
P. 182
City of McAllen, Texas Adopted Budget 2022
GENERAL OBLIGATION BOND
DEBT SERVICE FUND
Fund Balance Summary
Actual Adj. Budget Estimated Budget
19-20 20-21 20-21 21-22
RESOURCES
BEGINNING FUND BALANCE $ 2,840,353 $ 2,840,353 $ 3,365,444 $ 3,365,444
Sources:
Ad Valorem Tax $ 5,633,206 $ 5,061,449 $ 4,467,265 $ 4,843,179
Contributions 871,627 871,627 871,627 1,515,547
Interest Earned 46,860 - - 54
Total Revenues 6,551,693 5,933,076 5,338,892 6,358,780
Other Financing Sources:
General Fund 3,292,600 - - -
Hotel Venue - - 47,172 233,862
Total Revenue & Other Sources 9,844,293 5,933,076 5,386,064 6,592,642
TOTAL RESOURCES $ 12,684,646 $ 8,773,429 $ 8,751,508 $ 9,958,086
APPROPRIATIONS
Operating Expenses:
Principal & Interest:
General Obligation Bonds 2014 $ 3,142,775 $ 3,144,525 $ 2,597,513 $ 2,052,625
General Obligation Refunding Bonds 2015 3,292,600 - - -
Certificate of Obligation Series 2016 871,627 871,627 871,627 1,515,547
Certificate of Obligation Series 2018 354,906 352,781 352,781 355,281
General Obligation - 2018 249,288 249,413 249,413 249,288
General Obligation - 2019 1,402,571 1,310,700 1,310,700 1,310,850
General Obligation - 2021 - - - 1,104,161
Fees 4,889 4,030 4,030 4,890
Total Expenses 9,318,658 5,933,076 5,386,064 6,592,642
TOTAL APPROPRIATIONS $ 9,318,658 $ 5,933,076 $ 5,386,064 $ 6,592,642
Other Items Affecting Working Capital (545) - - -
ENDING FUND
BALANCE-UNRESERVED $ 3,365,444 $ 2,840,353 $ 3,365,444 $ 3,365,444
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