Page 299 - Approved Annual Budget FY 2019-2020_Flat

City of McAllen, Texas
McAllen International Airport Fund
Working Capital Summary

Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20
RESOURCES
BEGINNING WORKING CAPITAL $ 8,004,397 $ 7,408,881 $ 8,077,490 $ 7,459,893

Revenues:
Aeronautical Operating
Landing Fees 758,225 715,720 738,200 742,752
Terminal area rental/charges 1,118,664 1,082,600 1,074,938 1,111,868
Boarding Ladder Fees 133,869 124,577 132,495 140,749
FBO Revenue: contract/sponsors 179,254 181,047 179,254 179,254
Cargo and hangar rentals 94,273 94,273 94,273 94,273
Fuel Sales (net profit/loss) 91,651 87,544 98,640 98,640
Perimeter rentals 67,594 72,309 75,464 75,464
Remain Overnight 24,031 20,251 29,731 29,731
Ramp Fees 14,020 12,955 13,920 13,920
TSA Lease 177,520 176,194 178,934 178,934
2,659,101 2,567,470 2,615,849 2,665,585
Non-aeronautical Operating
Land and non-terminal facilities
Terminal - food and beverages 124,783 113,162 123,397 123,397
Terminal - retail stores 32,989 22,216 32,845 32,845
Terminal - other 153,529 113,022 154,730 154,730
Rental Cars 1,793,988 1,676,068 1,836,279 1,836,279
Parking 1,353,019 1,381,866 1,201,490 1,201,490
TSA Utility & LEO Reimbursement 182,118 182,579 185,579 185,579
Miscellaneous 807 - 835 835
3,641,233 3,488,913 3,535,155 3,535,155
Non-operating Revenues
Interest Earned 102,929 - 82,667 -
Other 71,358 64,000 65,121 61,770
Total Revenues 6,474,620 6,120,383 6,298,792 6,262,510
Other Financing Sources:
Transfer In: PFC Airport Fund - - 356,235 -
Transfer In: Development Corp - - 62,072 -
Total Revenues and Other Soruces 6,474,620 6,120,383 6,717,099 6,262,510
TOTAL RESOURCES $ 14,479,017 $ 13,529,264 $ 14,794,589 $ 13,722,401
APPROPRIATIONS
Operating Expenses:
Airport $ 3,774,880 $ 4,646,335 $ 4,505,979 $ 4,892,106
Liability Insurance 27,314 27,314 27,314 27,314
Capital Outlay 58,057 276,404 223,429 189,100
Total Operations 3,860,251 4,950,053 4,756,722 5,108,520
Other Financing Sources (Uses):
Transfer Out - General Fund 1,103,965 1,103,965 1,103,965 1,103,965
Transfer Out - Airport Capital Improvement Fund 304,845 820,926 589,555 712,935
Transfer Out - Health Insurance Fund 18,716 117,300 117,300 51,460
Debt Service - Motorola Lease Payment - 6,701 6,701 3,980
TOTAL APPROPRIATIONS 5,287,777 6,998,945 6,574,243 6,980,860
Revenues over/(under) Expenditures 1,186,843 (878,562) 142,856 (718,350)
Other Items Affecting Working Capital (1,113,750) (760,452) (760,452) (790,412)
ENDING WORKING CAPITAL $ 8,077,490 $ 5,769,867 $ 7,459,893 $ 5,951,129

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