Page 181 - Approved Annual Budget FY 2019-2020_Flat
P. 181
City of McAllen, Texas
Sales Tax Revenue Bonds
Debt Service Fund
Summary
Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20
SINKING FUND
BEGINNING FUND BALANCE $ 1,017 $ 717 $ 439 $ 439
Sources:
Contributions 597,166 498,943 680,278 1,625,278
Interest Income 22 - - -
Total Sources 597,188 498,943 680,278 1,625,278
TOTAL RESOURCES $ 598,205 $ 499,660 $ 680,717 $ 1,625,717
APPROPRIATIONS
Bond Principal - Series 2016 $ - $ - $ - $ 250,000
Bond Principal - Series 2017 - - - 465,000
Bond Principal - Series 2018 230,000
Interest and Fees - Series 2016 145,800 145,500 145,500 145,500
Interest and Fees - Series 2017 353,743 353,443 353,443 353,443
Interest and Fees - Series 2018 98,223 - 181,335 181,335
TOTAL APPROPRIATIONS 597,766 498,943 680,278 1,625,278
ENDING FUND BALANCE $ 439 $ 717 $ 439 $ 439
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