Page 187 - APPROVED ANNUAL BUDGET BOOK FY 21-22
P. 187
Adopted Budget 2022 City of McAllen, Texas
LOCAL GOVERNMENT FINANCE CORPORATION
DEBT SERVICE FUND
Fund Balance Summary
Actual Adj. Budget Estimated Budget
19-20 20-21 20-21 21-22
SINKING FUND
BEGINNING FUND BALANCE $ 15,723 $ 15,723 $ 200,898 $ 200,898
Other Financing Sources:
Transfer In-TIRZ#1 $ 170,995 $ - $ - $ -
Transfer In-Development Corp 877,890 910,435 910,435 905,185
Interest Income 3,171 - - -
Total Sources 1,052,056 910,435 910,435 905,185
TOTAL RESOURCES $ 1,067,779 $ 926,158 $ 1,111,333 $ 1,106,083
APPROPRIATIONS
Bond Principal $ 490,000 $ 525,000 $ 525,000 $ 535,500
Interest and Fees 376,881 385,435 385,435 369,685
TOTAL APPROPRIATIONS $ 866,881 $ 910,435 $ 910,435 $ 905,185
ENDING FUND BALANCE $ 200,898 $ 15,723 $ 200,898 $ 200,898
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