Page 347 - Approved Annual Budget FY 2019-2020_Flat
P. 347
City of McAllen, Texas
Health Insurance Fund
Working Capital Summary
Actual Adj. Budget Estimated Budget
17-18 18-19 18-19 19-20
APPROPRIATIONS
Operating Expenses:
Administration $ 463,190 $ 545,975 $ 455,274 $ 520,938
Administrative Cost 1,167,549 1,072,602 1,200,000 1,276,496
Life Insurance Premiums 59,855 60,000 49,000 62,000
Health Claims 12,100,461 11,154,321 12,183,000 12,034,738
Total Operations 13,791,055 12,832,898 13,887,274 13,894,172
TOTAL APPROPRIATIONS 13,791,055 12,832,898 13,887,274 13,894,172
Revenues over/(under) Expenditures (2,127,427) 3,425,629 2,474,358 995,591
Other Items Affecting Working Capital 25,856 - - -
ENDING WORKING CAPITAL $ (3,339,266) $ 54,892 $ (864,908) $ 130,683
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