Page 327 - Approved Annual Budget FY 2019-2020_Flat

City of McAllen, Texas
Anzalduas International Crossing Fund
Working Capital Summary

Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20

RESOURCES

BEGINNING WORKING CAPITAL $ 866,594 $ 602,481 $ 359,244 $ 248,228

Revenues:
Highways & Streets Toll Bridge 3,094,093 2,691,846 2,952,977 2,744,332
Southbound Commercial 327,644 276,680 276,710 276,710
Miscellaneous 121,709 53,001 76,629 53,001
Interest Earned 44,757 1,000 51,723 40,000
Total Revenues 3,588,204 3,022,527 3,358,039 3,114,043

Other Financing Sources:
Transfer from Hidalgo Bridge for "B" - 839,575 839,575 837,875

Total Revenues and Other Sources 3,588,204 3,862,102 4,197,614 3,951,918

TOTAL RESOURCES $ 4,454,798 $ 4,464,583 $ 4,556,858 $ 4,200,146

APPROPRIATIONS

Operating Expenses:
Bridge Operations $ 363,480 $ 460,056 $ 384,852 $ 463,515
Administration 555,614 636,180 579,096 569,766
Capital Outlay - - - -
Total Operations 919,094 1,096,236 963,948 1,033,280

Other Financing Sources (Uses):
Transfer out - Contingency Fund 45,000 45,000 45,000 45,000

Transfer out - Debt Service "A" 854,715 1,745,450 1,745,450 1,732,500
Transfer out - Debt Service "B" - 839,575 839,575 837,875
Transfer out - Anzalduas CIP Fund 426,071 495,321 410,347 380,541
Transfer out - Anzalduas CIP Commercial 327,644 129,031 276,710 100,000
Transfer out - Health Insurance Fund 4,404 27,600 27,600 12,108

TOTAL APPROPRIATIONS 2,576,928 4,378,214 4,308,630 4,141,304

Revenues over/(under) Expenditures 1,011,276 (516,112) (111,016) (189,386)
Other Items Affecting Working Capital (1,518,626) - - -

ENDING WORKING CAPITAL $ 359,244 $ 86,370 $ 248,228 $ 58,842

- 278 -