Page 94 - APPROVED ANNUAL BUDGET BOOK FY 21-22

City of McAllen, Texas Adopted Budget 2022

General Fund

Finance
www.mcallen.net/departments/finance
Mission Statement: DEPARTMENT SUMMARY
“The Finance Actual Adj. Budget Estimated Budget
Department’s Mission 19-20 20-21 20-21 21-22
Statement is to provide Expenditure Detail:
accountability to the Personnel Services
public for the resources Salaries and Wages $ 850,835 $ 900,713 $ 885,013 $ 1,046,037
which have been provided Employee Benefits 220,606 262,146 239,567 303,710
to the City in a transparent Supplies 23,035 26,060 15,140 19,260
manner�”
Other Services and Charges 188,390 211,489 203,129 261,728
Maintenance 70,153 89,106 75,026 77,806

Operations Subtotal 1,353,019 1,489,514 1,417,875 1,708,541
Capital Outlay 6,920 22,000 24,576 5,500
Total Expenditures $ 1,359,939 $ 1,511,514 $ 1,442,451 $ 1,714,041

PERSONNEL
Exempt 3 4 5 5
Non-Exempt 11 15 15 16
Part-Time - - - -
Total Positions Authorized 14 19 20 21

Contact Us: MAJOR FY 21-22 GOALS
Sergio Villasana 1�) Prepare an Annual Comprehensive Financial Report meeting the requirements for the Government Finance
Finance Director Officers Association Financial reporting Award.
1300 Houston Avenue 2�) Implement GASB 87�
McAllen, TX 78501 3�) Provide staff with professional development and training opportunities�
(956) 681-1080 4�) Continue to improve new reporting software for the Annual Comprehensive Financial Report�
5.) Upgrade financial system with the ERP Project (new overall Enterprise project) - Software. (5.2.7)
6�) Department expansion of Finance & Budget Department by remodel� (5�2�8)

Description: PERFORMANCE MEASURES
The Finance Department Actual Goal Estimated Goal
is responsible for FY 19-20 FY 20-21 FY 20-21 FY 21-22
accounting, financial Inputs:
reporting, budgeting as Number of full time employees 14 19 20 21
well as debt management Department Expenditures $ 1,359,939 $ 1,511,514 $ 1,442,451 $ 1,714,041
and participates in the Outputs:
treasury / investment Prepare CAFR Yes Yes Yes Yes
program� The accounting Funds maintained 87 87 87 87
function includes cash
receipts, billing, accounts Monthly Financial Reports 12 12 12 12
receivable, accounts Mid-year & Annual financial reviews Yes Yes Yes Yes
payable, payroll, capital Prepare financial presentation for
assets and general credit rating agency reviews Yes Yes Yes Yes
accounting� Manage debt $ 301,380,000 $ 285,497,000 $ 285,497,000 $ 272,994,000
Effectiveness Measures:
GFOA’s CAFR Award Yes Yes Yes Yes
Maintain/improve credit ratings S&P/FR S&P/FR S&P/FR S&P/FR
General Obligation Bonds AA+/AA+ AA+/AA+ AA+/AA+ AA+/AA+
Bridge Revenue Bonds A/A A/A A/A A/A
Sales Tax Revenue Bonds AAA/N/R AAA/N/R AAA/N/R AAA/N/R
Efficiency Measures:
Monthly turn-key cost to manage all
financial affairs of City per fund $ 1,303 $ 1,448 $ 1,382 $ 1,642
Department expenditures per capita $ 8�99 $ 9�84 $ 9�39 $ 10�94
Population: 151,352 153,546 153,622 156,649
*N/A=Not Available, N/P=Not Provided

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