Page 91 - City of McAllen - Approved Annual Budget Book FY 24-25

Adopted Budget 2025 City of McAllen, Texas

2024-2025 Combined Budget Summary
Percent (%) Changes in Fund Balance
All Funds
Beginning Fund Projected Total Ending Fund % Change in Fund
Balance Revenues Appropriations Balance Balance

General Fund $ 87,650,424 $ 169,070,197 $ 162,314,562 $ 94,406,058 7�71%
Special Revenue Funds
Hotel Occupancy Tax 388 5,594,500 5,594,500 388 0�00%
Hotel Venue Tax 1,433,793 1,620,127 1,375,963 1,677,957 17�03%
Development Corp� of McAllen, Inc� 25,609,115 25,308,879 34,430,072 16,487,922 -35�62%
Christmas Parade 1,234,222 1,255,948 1,364,200 1,125,970 -8�77%
Parkland Zone #1,2,3 2,385,984 60,719 665,000 1,781,703 -25�33%
Public, Educational, and Governmental (PEG) 1,448,371 290,282 211,230 1,527,423 5�46%
Friends of Quinta 603,190 450,000 390,752 662,438 9�82%
Community Development Block Grant - 2,272,764 2,272,764 - 0�00%
Police Department Seized 1,984,573 - 50,000 1,934,573 -2�52%
COPS Grant - 1,169,736 1,169,736 - 0�00%
Downtown Services Parking 82,420 1,318,402 1,312,188 88,634 -7�54%
Drainage Fee 4,533,115 6,613,703 10,832,593 314,225 -93�07%
Tax Increment Reinvestment Zone TIRZ#1 & 2A 6,725,181 3,803,088 6,539,873 3,988,396 -40�69%
McAllen Marketing 442,882 1,088,461 1,000,000 531,343 19�97%
City Special Events 67,502 215,000 185,000 97,502 44�44%
McAllen Performing & Cultural Arts Foundation 147,979 85,500 50,000 183,479 23�99%
Total Special Revenue Funds 46,698,715 51,147,109 67,443,871 30,401,953 -34�90%
Debt Service Funds
Sales Tax Revenue Bond Debt Service 1,242 2,010,818 2,010,818 1,242 0�00%
Local Government Finance Corporation Debt Service 250,788 656,800 907,588 - -100�00%
General Obligation-Tax Note/C.O. 5,346,213 5,646,665 5,646,665 5,346,213 0�00%
TIRZ #1 Debt Service 944,555 1,515,555 1,515,555 944,555 0�00%
Water Debt Service 1,364,786 3,740,807 3,706,038 1,399,555 2�55%
Wastewater Debt Service 2,999,174 5,981,209 5,872,733 3,107,650 3�62%
Airport PFC C�O� Series 2019 292,091 649,500 649,500 292,091 0�00%
Anzalduas int Crossing Debt Service 2017 A & B 1,080,150 2,571,063 2,571,063 1,080,150 0�00%
Anzalduas int Crossing Debt Service 2022 A & B 53,664 3,623,725 3,623,725 53,664 0�00%
Total Debt Service Funds 12,332,663 26,396,142 26,503,685 12,225,120 -0�87%
Capital Projects Funds
Capital Improvement 5,559,275 8,306,657 12,280,606 1,585,326 -71�48%
Infrastructure and Improvement 18,088,037 841,159 18,908,193 21,003 -99�88%
Quinta Mazatlán - Center for Urban Ecology Facility 5,098,964 38,693,634 43,537,674 254,924 95�00%
Trafffic/Drainage Bond 8,992,803 103,794 8,753,575 343,022 -96�19%
Parks Facility / Fire Station #2 Construction 494,039 14,272 50,000 458,311 -7�23%
Street Imprv Construction 684,608 194,593 686,000 193,201 -71�78%
Reservoir Development 20,466,097 182,089 19,070,377 1,577,809 -92�29%
Information Technology 10,923 76,019 85,000 1,942 -82�22%
Water Depreciation 4,192,655 2,325,788 5,331,255 1,187,188 -71�68%
Water Capital Improvement 6,397,004 2,504,298 8,060,488 840,814 -86�86%
Water Revenue Bond - Series 10,688,875 3,638,502 10,868,719 3,458,658 -67�64%
Wastewater Depreciation 19,270,034 4,645,256 12,636,790 11,278,500 -41�47%
Wastewater Capital Improvement 6,588,187 2,622,561 4,324,459 4,886,289 -25�83%
Wastewater Revenue Bond - Clean Water & SWIRFT 72,751 442,061 441,361 73,451 0�96%
Sanitation Depreciation 10,963,281 3,502,192 6,154,902 8,310,571 -24�20%
Champion Lakes Golf Course Depreciation 835,191 286,328 515,000 606,519 -27�38%
Convention Center Depreciation 3,611,277 360,122 907,350 3,064,049 -15�15%
Performing Arts Depreciation 1,758,981 317,612 102,500 1,974,093 12�23%
Passenger Facility Charge 8,727,975 2,460,626 10,036,209 1,152,392 -86�80%
Customer Facility Charge 166,000 997,000 825,000 338,000 103�61%
McAllen International Airport Capital Improvement - 36,486,000 36,486,000 - 0�00%
Bridge Capital Improvement 4,676,596 1,631,729 4,717,753 1,590,572 -65�99%
Anzalduas Bridge Capital Improvement 2,965,058 768,851 1,991,210 1,742,699 -41�23%
Anzalduas Cargo Construction 22,707,562 45,380,101 61,383,586 6,704,077 0�00%
Total Capital Project Funds 163,016,173 156,781,244 268,154,007 51,643,410 -863�50%
Enterprise Funds
Water 7,564,680 28,101,488 28,545,656 6,847,893 -9�48%
Wastewater 4,410,299 23,796,029 23,543,196 4,663,132 5�73%
Sanitation 14,111,498 26,056,903 31,597,553 8,570,847 -39�26%
Champion Lakes Golf Course 2,707,095 2,242,966 2,368,769 2,581,293 -4�65%
McAllen Convention Center 10,271,093 9,174,430 12,833,219 6,612,304 -35�62%
McAllen Performing Arts Center 3,390,460 2,789,968 3,020,150 3,160,278 -6�79%
McAllen International Airport 18,912,571 10,733,471 16,895,193 12,750,849 -32�58%
Metro McAllen Transit 1,364,541 5,896,279 5,899,414 1,361,405 -0�23%
Bus Terminal 897,761 12,748,876 12,842,060 804,577 -10�38%
McAllen International Toll Bridge 1,297,263 15,070,194 15,070,196 1,297,263 0�00%
McAllen Intl Toll Bridge - Restricted Acct 5,860,052 6,132,053 6,572,197 5,419,908 -7�51%
Anzalduas International Crossing 2,975,303 7,773,624 8,538,446 2,210,481 -25�71%
Total Enterprise Funds 73,762,616 150,516,281 167,726,049 56,280,230 -23�70%
Internal Service Funds
Inter-Departmental Service 240,813 5,990,000 6,091,322 139,491 -42�07%
General Depreciation 19,078,506 4,012,170 6,327,320 16,763,356 -12�13%
Health Insurance 15,447 19,112,819 18,431,533 696,732 0�00%
Retiree Health Insurance 214,366 1,484,199 1,417,458 281,107 -31�13%
Workers Compensation 9,124,085 2,748,491 2,501,256 9,371,319 2�71%
Property & Casualty Insurance 381,995 2,367,084 2,084,397 664,682 74�00%
Total Internal Service Funds 29,055,212 35,714,763 36,853,286 27,916,687 -3�92%
TOTALS $ 412,515,803 $ 589,625,736 $ 728,995,460 $ 272,873,458 -33�85%

- 89 - Table of Contents