Page 187 - City of McAllen - Approved Annual Budget Book FY 24-25

Adopted Budget 2025 City of McAllen, Texas

SPECIAL REVENUE FUNDS

Hotel Occupancy Tax Fund is a non-major fund that was established to account for hotel occupancy tax collection
within the city�

The Venue Tax Fund Corp. of McAllen, Inc. - (4B) is a non-major fund that was established to account for funding
under Ordinance 2012-69 for a 2 per cent Hotel Occupancy tax for a Performance Arts Facility�

McAllen Marketing Fund is a non-major fund that was established to account for the revenues received and
expenditures for the purpose of centralizing the City marketing�

City Special Events Fund is a non-major fund that was established to account for the revenues received and
expenditures for special events organized by the City�

The Development Corp. of McAllen, Inc� - (4B) is a major fund that was established to account for the additional
1/2 cent sales tax for economic development�

Christmas Parade Fund is a non-major fund that was established to account for the revenues received and
expenditures appropriated for the annual Christmas Parade�

The EB-5 Fund is a non-major fund that was established to account for funding under Ordinance No. 2011-42 for
EB-5 Regional Center, LLC�

Parkland Zones Fund No. 1,2,3 are non-major funds that were established to account for the resources received
under Ordinance No. 1998 - 113 to be used to acquire and develop future park sites as well as provide improvements
to existing parks�
Public, Educational, and Governmental Fund is a non-major fund that was established to account for the resources
received on the cable fee to be used solely for capital improvements to public, educational, and government programs�
Friends of Quinta Fund is a non-major fund that was established to account for private funds raised for Quinta
Mazatlan and help further education in the community for the establishment�
The Community Development Block Grant Fund is a non-major fund that was established to account for federal
grants, which are used for the sole purpose of improving the health and welfare of the community�
The Police Department Seized Fund is a non-major fund that was established to account for court awarded funds
and use for purchase of police department capital assets�
The COPS Grant Fund is a non-major fund that was established to track the award received from the Department of
Justice Community Oriented Policing Services (COPS) grant�
The Downtown Services Parking Fund is a non-major fund that was established to account for revenues received
under Ordinance No. 2006-47 for Downtown Service particularly the parking needs.
The Drainage Fee Fund is a non-major fund that was established to account for revenues received under Ordinance
No. 2018-02 for Drainage Improvements, particularly surface storm water.
The American Rescue Plan Fund is a major fund that was established to account for revenues received from the
American Rescue Plan Act of 2021�
The Tax Increment Reinvestment Zone #1 Fund is a non-major fund that was established to account for a portion
of the revenues derived from property taxes levied by the City and County to facilitate the provision of capital
improvements within the zone in the northern area of the City�

The Tax Increment Reinvestment Zone #2A Fund is a non-major fund that was established to account for a portion
of the revenues derived from property taxes levied by the City and County to facilitate the provision of capital
improvements within the zone in the south-central area of the City�
McAllen Performing & Cultural Arts Foundation Fund is a non-major fund that was established to account for
revenues and expenditures for the purpose of promoting the performing arts��

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