Page 320 - APPROVED ANNUAL BUDGET BOOK FY 21-22

City of McAllen, Texas Adopted Budget 2022

METRO MCALLEN FUND
Fund Balance Summary

Actual Adj. Budget Estimated Budget
19-20 20-21 20-21 21-22
RESOURCES

BEGINNING WORKING CAPITAL $ 731,779 $ 731,779 $ 766,761 $ 812,311

Revenues:
Federal Grants / FTA
O & M Subsidy $ 2,283,701 $ 3,427,783 $ 3,255,206 $ 3,770,461
Capital Outlay Subsidy 6,976 - - -
O & M Subsidy TXDOT 303,772 300,000 308,250 -
Fares 215,903 195,000 56,247 195,000
Space Rental 232,618 290,000 193,294 290,000
Concessions 41,885 75,000 26,100 75,000
Concessions - Other - 8,807 3,680 8,807
Reimbursement - Agencies 94,538 33,600 3,914 63,600
Other and use 57,133 - 126,750 -
Interest 6,051 5,318 3,067 3,249
Total Revenues 3,242,576 4,335,508 3,976,508 4,406,117

Other Financing Sources:
Transfer-In- Development Corp 540,537 67,000 67,000 67,000

Total Revenues and Other Sources 3,783,113 4,402,508 4,043,508 4,473,117

TOTAL RESOURCES $ 4,514,892 $ 5,134,287 $ 4,810,269 $ 5,285,429

APPROPRIATIONS

Operating Expenses:
Administration $ 3,677,255 $ 4,234,161 $ 3,816,635 $ 4,510,302
Liability Insurance 5,803 5,803 5,803 6,201
3,683,058 4,239,964 3,822,438 4,516,503

Other Financing Sources (Uses):
Transfer-Out - Downtown Services Fund 150,000 150,000 150,000 35,000
Transfer-Out - Health Insurance Fund 49,946 25,520 25,520 -

TOTAL APPROPRIATIONS $ 3,883,004 $ 4,415,484 $ 3,997,958 $ 4,551,503

Revenues over/(under) Expenditures (99,891) (12,976) 45,550 (78,386)

Other Items Affecting Working Capital 134,870 - - -

ENDING WORKING CAPITAL $ 766,761 $ 718,803 $ 812,311 $ 733,926

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