Page 125 - City of McAllen - Approved Annual Budget Book FY 24-25

Adopted Budget 2025 City of McAllen, Texas

General Fund

Finance
www.mcallen.net/departments/finance
Mission Statement: DEPARTMENT SUMMARY
“The Finance Actual Adj. Budget Estimated Budget
Department’s Mission 22-23 23-24 23-24 24-25
Statement is to provide Expenditure Detail:
accountability to the Personnel Services
public for the resources Salaries and Wages $ 1,066,316 $ 1,252,617 $ 1,093,657 $ 1,224,204
which have been provided Employee Benefits 292,346 384,364 384,364 398,432
to the City in a transparent Supplies 18,302 29,760 19,206 19,260
manner�”

Other Services and Charges 218,989 262,749 250,379 300,449
Maintenance 68,432 48,074 41,944 47,874

Operations Subtotal 1,664,386 1,977,564 1,789,550 1,990,219
Capital Outlay 33,627 - - -
Total Expenditures $ 1,698,013 $ 1,977,564 $ 1,789,550 $ 1,990,219

PERSONNEL
Exempt 8 9 9 9
Non-Exempt 12 14 14 14
Part-Time - - - -
Total Positions Authorized 20 23 23 23

Contact Us: MAJOR FY 24-25 GOALS
Sonia Resendez 1. The Finance Department will continue to exceed Government Finance Officers Association (GFOA) criteria
Interim Finance Director with accountability and transparency of resources provided and annual reporting of such resources through the
1300 Houston Avenue Annual Comprehensive Financial Report (ACFR)� (5�3�02)
McAllen, TX 78501 2� Implement new City wide ERP software�
(956) 681-1081 3. Continue to train and cross train staff to ensure timely and accurate financial reporting.
4� Research Governmental Accounting Standard Board Statements and implement as applicable�

Description: PERFORMANCE MEASURES
The Finance Department Actual Goal Estimated Goal
is responsible for FY 22-23 FY 23-24 FY 23-24 FY 24-25
accounting, financial Inputs:
reporting, as well as Number of full time employees 20 23 23 23
debt management Department Expenditures $ 1,698,013 $ 1,977,564 $ 1,789,550 $ 1,990,219
and participates in the Outputs:
treasury / investment
program� The accounting Prepare CAFR Yes Yes Yes Yes
function includes cash Funds maintained 87 87 87 87
receipts, billing, accounts Monthly Financial Reports 12 12 12 12
receivable, accounts Mid-year & Annual financial reviews Yes Yes Yes Yes
payable, payroll, capital Effectiveness Measures:
assets and general GFOA’s CAFR Award Yes Yes Yes Yes
accounting� 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 $ 1,626 $ 1,838 $ 1,714 $ 1,906
Department expenditures per capita $ 11�65 $ 13�04 $ 12�13 $ 13�32
Population: 145,790 147,099 147,539 149,383
*N/A=Not Available, N/P=Not Provided

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