Page 252 - Approved Annual Budget FY 2019-2020_Flat

Water Fund
Treasury Management

http://www.mcallenpublicutility.com/
Mission Department Summary
Statement: Actual Adj. Budget Estimated Budget
Charged with Expenditure Detail: 17-18 18-19 18-19 19-20
performing financial, Personnel Services
investment, Salaries and Wages $ 225,452 $ 262,382 $ 262,648 $ 265,059
procurement Employee Benefits 49,064 65,048 65,048 65,061
accounting and Supplies 1,429 1,200 1,801 1,500
treasury functions, Other Services and Charges 73,437 107,486 87,249 151,966
the Financial Maintenance 65,946 72,270 67,124 72,670
Operations &
Treasury
Management Operations Subtotal 415,328 508,386 483,870 556,256
Department's Non-capitalized Capital Outlay - 1,000 2,000 7,317
mission is to develop Operations & Capital Outlay Total 415,328 509,386 485,870 563,573
and implement a Total Expenditures $ 415,328 $ 509,386 $ 485,870 $ 563,573
comprehensive and PERSONNEL
systematic approach Exempt 2 2 2 2
to financial planning
that guides MPU in Non-Exempt 2 2 2 2
ite efforts to provide Total Positions Authorized 4 4 4 4

Contact Us: MAJOR FY 19-20 GOALS
Melba D. Carvajal, 1.) To operate in full compliance with all applicable legal requirements and supplementary
CPM governmental understandings.
Director of Finance 2.) To perform rate analyses for water and sewer services resulting in rates, fees and charges
for Utilities that generally reflect all costs of supplying those services to the customer.
1300 Houston
Avenue McAllen, TX 3.) To manage MPU's credit rating at as favorable a level as can be maintained consistent with the needs
78501 of the financing and the cost of debt.
(956) 681-1630 4.) To implement a program to educate and professionally develop staff.

Description: Performance Measures
The Treasury Actual Goal Estimated Goal
Management
Department with a FY 17-18 FY 18-19 FY 18-19 FY 19-20
staff of 4 employees Inputs:
strives to enhance
the financial, Number of full time employees 4 4 4 4
accounting and Department Expenditures $ 415,328 $ 509,386 $ 485,870 $ 563,573
reporting functions of Outputs:
McAllen Public Utility Preparation of the annual budget Yes Yes Yes Yes
by introducing a level
of efficiency, Preparation/presentation of financial reports Yes Yes Yes Yes
transparency and Annual approval of Investment Policy Yes Yes Yes Yes
accountability that Quarterly approval of investment reports Yes Yes Yes Yes
positively affects the Maintenance/enhancement of credit rating Yes Yes Yes Yes
public perception of MPU Funds monitored/reported 13 13 13 13
the financial impact Procurement transactions verified, City-wide 21,800 21,600 21,600 21,800
of how the Procurement card charges, City-wide $ 4,600,000 $ 4,500,000 $ 4,500,000 $ 4,600,000
organization Outstanding Long-term Debt (principal only) $ 119,630,000 $ 132,876,000 $ 132,876,000 $ 126,740,000
operates. Investment portfolio managed ** $ 258,435,524 $ 270,000,000 $ 270,000,000 $ 270,000,000
Effectiveness Measures:
Credit rating of revenue bonds AA+/AA AA+/AA AA+/AA AA+/AA
Efficiency Measures:
Percentage of procurement card transactions
verified 100% 100% 100% 100%
Total Outstanding Long-term Debt Per Capita
(principal only) $ 812 $ 887 $ 887 $ 834
Blended yield of investment holdings 1.73% 1.25% 2.50% 1.50%
Monthly turn-key cost to manage City-wide
investment portfolio 52 46 46 40
Department expenditures per employee $ 103,832 $ 127,347 $ 121,468 $ 140,893
Department expenditures per capitaL $ 2.82 $ 3.40 $ 3.24 $ 3.71

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