Page 200 - Budget FY 2022-2023 - Update

City of McAllen, Texas Adopted Budget 2023

DRAINAGE FEE FUND
Fund Balance Summary

Actual Adj. Budget Estimated Budget
20-21 21-22 21-22 22-23

BEGINNING FUND BALANCE $ 3,077,390 $ 3,692,201 $ 3,692,201 $ 4,064,682
Revenues:
Drainage Fees:
Residential $ 661,910 $ 656,000 $ 663,721 $ 660,000
Commercial 566,525 566,000 569,415 566,000
Industrial 33,619 33,500 33,659 33,500
Interest Earned 28,311 9,416 9,231 10,162
Interest- Certificate of deposit 26,603 - - -
Total Revenues 1,290,365 1,264,916 1,276,026 1,269,662

TOTAL RESOURCES $ 4,367,755 $ 4,957,117 $ 4,968,227 $ 5,334,343
APPROPRIATIONS

Capital Projects:
8th North Camelia Avenue $ 1,548 $ 235,503 $ 233,940 $ -
Balboa Acres Stormwater Infrastructure & Pump Station Imprv 99,939 250,000 50,383 334,340
Balboa Ditch Sluice Gate Improvement 42,758 492,760 58,253 433,907
Dove:41st Street to Bentsen - 881,819 - 881,819
Gardenia Avenue at 12th Street 274,243 3,250 3,250 -
Harvey Stormwater Pump Station Upgrade - 665,175 32,702 746,801
Highland Ave at N� 8th St� Drainage Improvement - - - -
Main Street (North) at Jay Avenue 21,643 453,290 28,105 -
McAllen Lateral Channel Improvements 81,305 205,869 27,000 1,484,104
Northeast McAlllen/Edinburg Lateral - 546,042 80,418 446,232
Northwest Blueline Hibiscus Tributary 547 277,995 254,811 -
Quince Avenue at North 8th Street 14,118 202,280 95,550 273,750
Russell Road and 23rd Street - - - -
Sarah Avenue Bypass 139,456 - - -
Torres Acres - 506,133 26,812 495,711
Trade Zone Pump Station Improvements - 237,000 12,321 237,679
Total Expenditures 675,557 4,957,116 903,545 5,334,343

TOTAL APPROPRIATIONS $ 675,554 $ 4,957,117 $ 903,545 $ 5,334,343

Revenues over/(under) Expenditures 614,808 (3,692,200) 372,481 (4,064,681)
ENDING FUND BALANCE $ 3,692,201 $ - $ 4,064,682 $ -

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