Page 106 - City of McAllen - Approved Annual Budget Book FY 24-25

City of McAllen, Texas Adopted Budget 2025

GENERAL FUND
Fund Balance Summary

Actual Adj. Budget Estimated Budget
22-23 23-24 23-24 24-25

UNASSIGNED BEGINNING FUND BALANCE $ 78,613,221 $ 70,390,480 $ 78,145,482 $ 87,650,424
Revenues:
Taxes $ 132,357,228 $ 137,538,707 $ 137,814,535 $ 140,696,378
Licenses and Permits 2,548,057 2,517,537 2,594,128 2,678,313
Charges for Services 7,029,664 6,360,890 6,487,523 6,658,693
Fines and Forfeits 1,118,397 988,029 1,016,121 1,005,000
Investment Earnings 3,801,381 3,506,985 6,107,220 4,259,249
Miscellaneous Revenues 7,478,182 5,086,925 5,240,731 4,809,442
Total Revenues 154,332,909 155,999,073 159,260,258 160,107,075

Other Financing Sources:
Transfers In 10,274,847 9,174,766 9,176,709 8,963,122
SBITA Issuance 666,354 - - -

Total Revenues and Other Sources 165,274,110 165,173,839 168,436,967 169,070,197

TOTAL RESOURCES $ 243,887,331 $ 235,564,319 $ 246,582,449 $ 256,720,620

APPROPRIATIONS
Operating Expense:
General Government $ 22,509,551 $ 26,151,155 $ 27,291,609 $ 29,314,997
Public Safety 68,419,246 76,102,712 76,558,050 78,674,205
Highways and Streets 13,156,885 14,730,542 14,732,100 15,244,227
Health and Welfare 4,047,207 4,070,580 4,158,150 3,810,031
Culture and Recreation 21,449,237 25,722,267 24,526,887 25,761,071
Total Operations 129,582,125 146,777,256 147,266,796 152,804,531

Other Financing Sources (Uses):
Transfers Out 35,698,462 11,451,020 11,402,055 9,246,857
Debt Service - Motorola Lease Payment 508,174 263,174 263,174 263,174
Debt Service - SBITA 249,137 - - -

TOTAL APPROPRIATIONS $ 166,037,897 $ 158,491,450 $ 158,932,025 $ 162,314,562

Revenue over/under Expenditures (763,787) 6,682,389 9,504,942 6,755,635

Unadj ENDING FUND BALANCE $ 77,849,434 $ 77,072,869 $ 87,650,424 $ 94,406,058

Adjustments :
Board Advances 404,224 - - -
Prepaids 6,224 - - -
Restricted (114,400) - - -

UNASSIGNED ENDING FUND BALANCE $ 78,145,482 $ 77,072,869 $ 87,650,424 $ 94,406,058

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