Page 350 - Approved Annual Budget FY 2019-2020_Flat

City of McAllen, Texas
Retiree Health Insurance Fund
Working Capital Summary

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

RESOURCES

BEGINNING WORKING CAPITAL $ 500,734 $ 641,700 $ 447,502 $ 659,563

Revenues:
Annual Required Contributions (ARC):

General Fund - 603,292 603,292 603,292
Downtown Services Fund - 5,845 5,845 5,845

Water Fund - 53,929 53,929 53,929
Wastewater Fund - 33,517 33,517 33,517
Sanitation Fund - 58,798 58,798 58,798

Palm View Golf Course Fund - 6,456 6,456 6,456

Convention Center Fund - 16,369 16,369 16,369
Airport Fund - 14,904 14,904 14,904
Bus Terminal Fund - 2,280 2,280 2,280

Toll Bridge Fund - 12,808 12,808 12,808
McAllen Express Transit Fund - 15,934 15,934 15,934
Anzalduas Crossing - 4,485 4,485 4,485
Fleet/Mat. Mgm't Fund - 8,739 8,739 8,739

Workmens Compensation Fund - 3,233 3,805 3,805
Health Insurance Administration - 2,584 2,584 2,584

Retirees 603,462 600,000 614,000 744,252

Interest Earned 8,086 - - 1,300
Total Revenues 611,548 1,443,745 1,457,745 1,589,297
TOTAL RESOURCES $ 1,112,282 $ 2,085,445 $ 1,905,247 $ 2,248,860
APPROPRIATIONS

Operating Expenses:
Administration Cost $ 78,876 $ 73,830 $ 75,684 $ 83,052
Health Claims 1,429,649 1,303,000 1,170,000 1,203,000
Total Operations 1,508,525 1,376,830 1,245,684 1,286,052

TOTAL APPROPRIATIONS 1,508,525 1,376,830 1,245,684 1,286,052

Revenues over/(under) Expenditures (896,977) 66,915 212,061 303,245

Other Items Affecting Working Capital 843,745 - - -

ENDING WORKING CAPITAL $ 447,502 $ 708,615 $ 659,563 $ 962,808

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