Page 229 - Budget FY 2022-2023 - Update
P. 229
Adopted Budget 2023 City of McAllen, Texas
QUINTA MAZATLAN - CENTER
FOR URBAN ECOLOGY FACILITY
Fund Balance Summary
Actual Adj. Budget Estimated Budget
20-21 21-22 21-22 22-23
RESOURCES
BEGINNING FUND BALANCE $ (46,930) $ (139,989) $ 2,076,594 $ 9,678,654
Revenues:
Economic Development Administration (EDA) $ - $ 1,800,000 $ - $ 1,800,000
Federal Grants / FTA - 3,954,209 - 3,954,209
MISD - Contribution 1,250,000 4,000,000 - 4,000,000
State Grant - Texas Parks and Wildlife 993,813 7,194,355 34,047 7,160,308
University of Texas Rio Grande Valley - 5,000,000 - 5,000,000
Hidalgo County Contribution - 500,000 - 500,000
Interest Earned 10 - 5,191 24,197
Total Revenues 2,243,823 22,448,564 39,238 22,438,714
Other Financing Sources:
Transfer In - Infrastructure & Improvement Fund - 5,430,000 5,430,000 -
Transfer In - Development Corp� Fund - 1,700,915 1,700,915 -
Transfer In - Friends of Quinta 1,362,150 2,252,850 500,000 1,000,000
Total Revenues & Other Sources 3,605,973 31,832,329 7,670,153 23,438,714
TOTAL RESOURCES $ 3,559,043 $ 31,692,340 $ 9,746,748 $ 33,117,368
APPROPRIATIONS
Capital Projects:
Masterplan / Design $ 1,482,449 $ 1,040,580 $ 68,094 $ 972,486
Construction - 29,790,557 - 43,000,000
Furniture, Fixtures and Equipment - 861,204 - 957,365
Total Project Costs 1,482,449 31,692,341 68,094 44,929,851
TOTAL APPROPRIATIONS $ 1,482,449 $ 31,692,341 $ 68,094 $ 44,929,851
Revenues over/(under) Expenditures 761,374 139,988 9,678,654 (21,491,137)
ENDING FUND BALANCE $ 2,076,594 $ - $ 9,678,654 $ (11,812,484)
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