Page 319 - Approved Annual Budget FY 2019-2020_Flat
P. 319
City of McAllen, Texas
McAllen International Toll Bridge Fund
Working Capital Summary
Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20
RESOURCES
BEGINNING WORKING CAPITAL $ 1,297,263 $ 1,297,263 $ 1,297,263 1,297,263
Revenues:
Highways & Streets Toll Bridge 11,572,028 11,567,826 11,611,409 11,691,217
UETA Turnstile 325 - -
Rents & Royalties 2,510,504 2,436,359 2,436,359 2,436,359
Miscellaneous 308,719 75,000 202,500 75,000
Interest Earned 55,648 - 37,461 -
Total Revenues 14,447,224 14,079,185 14,287,729 14,202,576
TOTAL RESOURCES $ 15,744,487 $ 15,376,448 $ 15,584,992 $ 15,499,839
APPROPRIATIONS
Operating Expenses:
Bridge Operations $ 2,009,038 $ 2,295,039 $ 2,294,965 $ 2,298,156
Administration 748,676 784,383 784,383 831,771
Capital Outlay - 16,385 16,385 -
Total Operations 2,757,714 3,095,807 3,095,733 3,129,927
Other Financing Sources (Uses):
City of Hidalgo 3,627,039 3,345,668 3,414,271 3,404,096
City of McAllen-G.F.Restricted Acct 5,711,863 5,108,280 5,230,240 5,213,851
Transfer out - Heath Insurance Fund 14,863 93,150 93,150 40,865
Transfer out - Toll Bridge CIP 1,395,748 1,409,588 1,423,684 1,437,921
Board Advance - Anzalduas Int'l Xng for "B" 846,258 839,575 839,575 837,875
Debt Service - Motorola Lease Payment - 3,665 3,665 2,177
TOTAL APPROPRIATIONS 14,353,485 13,895,733 14,100,318 14,066,712
Revenues over/(under) Expenditures 93,739 183,452 187,411 135,864
Other Items Affecting Working Capital ("A") (93,739) (187,411) (187,411) (135,864)
ENDING WORKING CAPITAL $ 1,297,263 $ 1,293,304 $ 1,297,263 $ 1,297,263
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