Page 207 - City of McAllen - Approved Annual Budget Book FY 24-25

Adopted Budget 2025 City of McAllen, Texas

DOWNTOWN SERVICES PARKING FUND
Fund Balance Summary

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

BEGINNING FUND BALANCE $ 96,617 $ 95,075 $ 54,726 $ 82,420

Revenues:
Parking Meter Fees $ 563,194 $ 650,000 $ 587,461 $ 650,000
Parking Fines 131,864 140,000 137,287 140,000
Transportation 11,384 15,000 13,526 15,000
Special Permit 18,550 15,000 20,155 15,000
Parking Garage Fee 241,805 310,000 248,278 310,000
Parking Garage Lease 42,727 39,000 47,403 39,000
Misc�/Decal Parking Reg� Fees 40,772 35,000 32,555 35,000
Facilities Rental 10,050 11,550 12,375 11,550
Federal Grants 3,874 - 100,000 100,000
Interest Income 4,115 2,852 1,832 2,852

Total Revenues 1,068,334 1,218,402 1,200,872 1,318,402

Total Sources and Transfers 1,068,334 1,218,402 1,200,872 1,318,402

TOTAL RESOURCES $ 1,164,951 $ 1,313,477 $ 1,255,598 $ 1,400,822

APPROPRIATIONS
Operating Expenses:
Downtown Services $ 1,085,826 $ 1,247,736 $ 1,098,750 $ 1,294,733
Liability Insurance 8,391 12,580 12,580 12,580
Capital Outlay - 48,286 46,396 -

Total Operations $ 1,094,217 $ 1,308,602 $ 1,157,726 $ 1,307,313

Other Financing Sources (Uses):
Transfer Out:
Health Insurance Fund 11,134 10,576 10,576 -
Debt Service Motorola Lease Payment 4,875 4,875 4,875 4,875

TOTAL APPROPRIATIONS $ 1,110,226 $ 1,324,053 $ 1,173,177 $ 1,312,188

Revenues over/(under) Expenditures (41,891) (105,651) 27,695 6,214

ENDING FUND BALANCE $ 54,726 $ (10,576) $ 82,420 $ 88,634

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