Page 220 - City of McAllen - Approved Annual Budget Book FY 24-25
P. 220
City of McAllen, Texas Adopted Budget 2025
TIRZ #1
DEBT SERVICE FUND
Fund Balance Summary
Actual Adj. Budget Estimated Budget
22-23 23-24 23-24 24-25
RESOURCES
BEGINNING FUND BALANCE $ 499,248 $ 499,149 $ 944,555 $ 944,555
Revenue:
Contributions - 2016 TIRZ $ 592,512 $ 1,517,299 $ 782,097 $ 775,555
Interest Income 25,436 - - -
Total Revenues 617,948 1,517,299 782,097 775,555
Other Financing Sources:
Transfer In:
TIRZ#1 Fund 1,345,522 - 735,202 740,000
Total Revenue and Transfers 1,963,470 1,517,299 1,517,299 1,515,555
TOTAL RESOURCES $ 2,462,718 $ 2,016,448 $ 2,461,854 $ 2,460,110
APPROPRIATIONS
Principal & Interest:
Certificate of Obligations Series 2016 (TIRZ) $ 1,518,163 $ 1,517,299 $ 1,517,299 $ 1,515,555
TOTAL APPROPRIATIONS $ 1,518,163 $ 1,517,299 $ 1,517,299 $ 1,515,555
ENDING FUND BALANCE-UNRESERVED $ 944,555 $ 499,149 $ 944,555 $ 944,555
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