Page 173 - Approved Annual Budget FY 2019-2020_Flat
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City of McAllen, Texas
Drainage Fee Fund
Fund Balance Summary
Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20
BEGINNING FUND BALANCE $ - $ 612,000 $ 748,762 $ 1,749,872
Revenues:
Drainage Fees:
Residential 415,121 636,000 670,000 670,000
Commercial 311,767 552,000 590,000 590,000
Industrial 19,358 36,000 36,000 36,000
Interest Earned 2,517 - 13,830 -
Total Revenues 748,762 1,224,000 1,309,830 1,296,000
TOTAL RESOURCES $ 748,762 $ 1,836,000 $ 2,058,592 $ 3,045,872
APPROPRIATIONS
Capital Projects:
8th North Camelia Avenue $ - $ 185,000 $ 22,200 $ 185,000
Gardenia Avenue at 12th Street - 316,000 37,920 316,000
Main Street (North) at Jay Avenue - 450,000 54,000 450,000
Quince Avenue at North 8th Street - 175,000 21,000 175,000
Torres Acres - 588,000 81,600 680,000
Russell Rd. and 23rd. St. - 92,000 92,000 -
Balboa Ditch Sluice Gate Imprv - - - 364,000
Trade Zone Pump Station Imprv - - - 201,600
Total Expenditures - 1,806,000 308,720 2,371,600
TOTAL APPROPRIATIONS - 1,806,000 308,720 2,371,600
Revenues over/(under) Expenditures 748,762 (582,000) 1,001,110 (1,075,600)
ENDING FUND BALANCE $ 748,762 $ 30,000 $ 1,749,872 $ 674,272
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