Page 282 - City of McAllen - Approved Annual Budget Book FY 24-25

City of McAllen, Texas Adopted Budget 2025

WATER FUND
Fund Balance Summary

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

BEGINNING WORKING CAPITAL $ 6,067,337 $ 9,013,481 $ 7,688,486 $ 7,564,680

Revenues:
Residential Water Sales $ 14,851,816 $ 16,627,282 $ 15,446,404 $ 16,699,741
Commercial Water Sales 6,830,250 7,470,558 7,240,066 7,490,129
Industrial Water Sales 447,878 614,225 488,187 614,225
Regional Water Sales 295,068 340,000 295,068 340,000
Misc� Operating Revenues 502,451 400,000 405,000 400,000
Tap Fees 392,500 450,000 450,000 544,000
Connect Fees 185,475 180,000 180,000 180,000
Reconnect Fees 202,900 190,000 190,000 190,000
Billing Charges 460,000 460,000 460,000 460,000
Reimbursements 163,124 35,500 125,121 100,500
Misc. Non-Operating Revenues 349,421 235,000 409,358 599,500
Interest Income 839,987 274,353 659,070 483,393
Total Revenues 25,520,869 27,276,918 26,348,274 28,101,488

TOTAL RESOURCES $ 31,588,206 $ 36,290,399 $ 34,036,760 $ 35,666,168

APPROPRIATIONS
Operating Expenses:
Administration and General/Benefits $ 2,973,627 $ 2,330,729 $ 2,310,940 $ 2,092,670
Employee Benefits/Contingency 36,786 70,413 70,413 304,838
Liability and Misc� Insurance 72,408 108,557 108,557 108,557
Water Treatment Plant 5,761,041 6,717,157 6,325,166 6,796,634
Cost of Raw Water 2,158,394 3,078,577 2,200,000 2,500,000
Water Laboratory 524,399 656,457 612,175 724,295
Transmission & Distribution 2,098,307 3,354,591 2,900,905 3,514,552
Water Meter Readers 1,111,452 1,502,958 1,452,313 1,504,643
Utility Billing 894,147 1,101,736 1,042,066 1,100,178
Customer Relations 1,018,592 1,244,809 1,224,648 1,294,145
Treasury Management 519,539 573,201 551,920 568,986
Total Operations 17,168,694 20,739,185 18,799,103 20,509,498

Non-operating Expense:
Transfer Out:
Depreciation Fund 1,587,811 1,850,076 1,850,076 2,106,160
Debt Service-2015 Issue 1,084,561 1,092,392 1,092,392 1,096,018
Debt Service-2016 Issue 855,621 859,936 859,936 860,118
Debt Service-2018 Issues 531,178 692,548 692,548 693,395
Debt Service-2021 Issues 1,060,933 1,058,921 1,058,921 1,056,507
Capital Improvements 1,018,790 1,721,500 1,721,500 2,223,960
Other Non-operating expenses / Health Insurance 131,581 124,984 124,984 -
Rebatable Arbitrage / Bond-related charges 52,829 - - -

TOTAL APPROPRIATIONS $ 23,491,999 $ 28,139,542 $ 26,199,460 $ 28,545,656

Revenues over/(under) Expenditures 2,028,870 (862,624) 148,814 (444,168)

Other Changes Affecting Working Capital (407,722) (272,619) (272,619) (272,619)

ENDING WORKING CAPITAL $ 7,688,486 $ 7,878,238 $ 7,564,680 $ 6,847,893

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