Page 171 - Approved Annual Budget FY 2019-2020_Flat

City of McAllen, Texas
Downtown Services Parking Fund
Working Capital Summary

Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20

BEGINNING FUND BALANCE $ 290,623 $ 228,697 $ 119,862 $ 30,480

Revenues:
Parking Meter Fees 688,276 810,000 665,641 700,000
Parking Fines 116,273 175,000 150,435 150,000
Transportation 14,913 15,000 14,066 15,000
Special Permit 17,500 15,000 33,550 15,000
Parking Garage Fee 317,081 275,000 329,008 330,000
Parking Garage Lease 34,731 30,000 39,088 39,000
Misc./Decal Parking Reg. Fees 4,441 3,300 4,029 3,300
B-cycle Membership 22,439 36,000 15,000 24,000
Interest Earned 3,785 - 2,461 -
Capital Lease - Motorola Radios - 36,697 36,697 -

Total Revenues 1,219,439 1,395,997 1,289,975 1,276,300

TOTAL RESOURCES $ 1,510,062 $ 1,624,694 $ 1,409,837 $ 1,306,780

APPROPRIATIONS
Operating Expenses:
Downtown Services $ 1,037,503 $ 1,172,282 $ 1,077,646 $ 1,192,443
Liability Insurance 4,526 4,256 4,256 4,256
Capital Outlay 111,175 86,697 36,697 -
Total Operations 1,153,204 1,263,235 1,118,599 1,196,699

Other Financing Sources (Uses):
Transfer Out - General Fund 237,000 237,000 187,000 55,528
Transfer Out - Health Ins. Fund - 65,550 65,550 28,757
Debt Service Motorola Lease Payment - 8,208 8,208 4,875

TOTAL APPROPRIATIONS 1,390,204 1,573,993 1,379,357 1,285,859

Revenues over/(under) Expenditures (170,765) (177,996) (89,382) (9,559)

ENDING FUND BALANCE $ 119,862 $ 50,701 $ 30,480 $ 20,920

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