Page 393 - City of McAllen - Approved Annual Budget Book FY 24-25

Adopted Budget 2025 City of McAllen, Texas

HEALTH INSURANCE FUND
Fund Balance Summary

Actual Adj. Budget Estimated Budget
22-23 23-24 23-24 24-25
RESOURCES
BEGINNING WORKING CAPITAL $ (728,135) $ - $ (1,636,325) $ 15,447

Revenues:
Contributions:
General Fund $ 6,841,026 $ 8,424,384 $ 8,825,000 $ 8,915,808
CDBG Fund 26,458 29,124 35,000 42,732
Downtown Services Parking Fund 56,855 77,508 84,000 95,004
Water Fund 783,047 995,472 995,000 1,011,072
Wastewater Fund 516,544 792,552 650,000 802,152
Sanitation Fund 812,418 1,203,660 1,090,000 1,220,340
Champion Lakes Golf Course Fund 68,966 92,736 99,000 94,416
Convention Center Fund 218,985 307,632 271,000 311,952
Airport Fund 194,506 258,948 225,000 262,308
Bus Terminal Fund 42,188 55,356 49,000 56,076
Toll Bridge Fund 173,358 364,416 208,000 227,652
Metro McAllen Fund 202,968 272,136 290,000 283,632
Anzalduas Crossing Fund 46,748 134,496 68,500 57,792
Fleet/Mat� Mgm’t Fund 103,235 143,124 147,000 156,060
Workers Compensation Fund 37,041 39,084 54,000 61,056
Life Insurance (All funds) 57,173 50,000 60,000 60,000
Health Insurance Administration 38,544 50,388 48,000 50,868
COPS/TAG/TTIC - - 75,200 74,538
Employees 2,372,414 2,853,840 2,875,000 2,603,208
Federal Grants 140,590 - - -
Retirees 59,000 - - -
Cobra 24,892 36,300 5,900 6,000
Other Agencies 708,590 763,980 740,549 928,488
Other 810,164 1,683,280 1,741,118 1,727,000
Administrative Fee 64,665 64,665 64,665 64,665
Interest 666 - 42 -
Total Revenues $ 14,401,041 $ 18,693,081 $ 18,700,974 $ 19,112,819

Other Financing Sources:
Transfer In:
General Fund $ 2,626,366 $ 1,040,249 $ 1,040,249 $ -
Downtown Services Parking Fund 11,134 10,576 10,576 -
Water Fund 131,581 124,984 124,984 -
Wastewater Fund 101,216 96,141 96,141 -
Sanitation Fund 160,934 152,865 152,865 -
Champion Lakes Golf Course Fund 12,146 11,537 11,537 -
Convention Center Fund 42,511 40,379 40,379 -
Airport Fund 35,426 33,649 33,649 -
Bus Terminal Fund 7,085 6,730 6,730 -
Toll Bridge Fund 46,560 44,225 44,225 -
Metro McAllen Fund 36,438 34,611 34,611 -
Anzalduas Crossing Fund 16,195 15,383 15,383 -
Fleet/Mat� Mgm’t Fund 19,231 18,267 18,267 -
Workers Compensation Fund 7,085 6,730 6,730 -
Total Revenues and Transfers 17,654,949 20,329,407 20,337,300 19,112,819

TOTAL RESOURCES $ 16,926,814 $ 20,329,407 $ 18,700,976 $ 19,128,266
APPROPRIATIONS
Operating Expenses:
Administration $ 565,806 $ 643,540 $ 615,618 $ 754,513
Administrative Cost 1,381,810 2,100,000 2,100,000 2,330,467
Life Insurance Premiums 89,068 85,065 81,602 85,065
Health Claims 16,512,958 15,887,581 15,888,309 15,261,488
TOTAL APPROPRIATIONS $ 18,549,641 $ 18,716,186 $ 18,685,529 $ 18,431,533

Other Items Affecting Working Capital (13,497)

ENDING WORKING CAPITAL $ (1,636,325) $ 1,613,221 $ 15,447 $ 696,732

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