Page 305 - Approved Annual Budget FY 2019-2020_Flat
P. 305
City of McAllen, Texas
Metro McAllen Fund
Working Capital Summary
Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20
RESOURCES
BEGINNING WORKING CAPITAL $ 794,284 $ 734,525 $ 896,734 $ 699,136
Revenues:
Federal Grants / FTA
O & M Subsidy 927,960 1,558,004 1,071,940 1,609,348
Capital Outlay Subsidy 3,181 - - -
State Grants / TXDOT
O & M Subsidy 315,570 315,500 299,647 315,500
Brownsville Interlocal Agreement - - 8,069 -
Fares 541,507 370,000 386,476 390,000
Space Rental 263,212 265,128 288,928 290,000
Concessions 67,451 75,000 65,319 75,000
Concessions - Other - 8,807 13,346 8,807
Agencies - other 44,202 60,000 30,000 63,600
Interest 9,057 - - -
Total Revenues 2,172,139 2,652,439 2,163,725 2,752,255
Other Financing Sources:
Transfer-In- Development Corp 925,618 925,618 925,618 933,914
Total Revenues and Other Sources 3,097,757 3,578,057 3,089,343 3,686,169
TOTAL RESOURCES $ 3,892,041 $ 4,312,582 $ 3,986,077 $ 4,385,305
APPROPRIATIONS
Operating Expenses:
Administration $ 2,999,672 $ 3,636,781 $ 3,167,288 $ 3,713,053
Liability Insurance 5,803 5,803 5,803 5,803
3,005,475 3,642,584 3,173,091 3,718,856
Other Financing Sources (Uses):
Transfer-Out - Health Insurance Fund - 113,850 113,850 49,946
TOTAL APPROPRIATIONS 3,005,475 3,756,434 3,286,941 3,768,802
Revenues over/(under) Expenditures 92,282 (178,377) (197,598) (82,633)
Other Items Affecting Working Capital 10,165 - - -
ENDING WORKING CAPITAL $ 896,734 $ 556,148 $ 699,136 $ 616,503
- 256 -
