Page 153 - Budget Book FY2020-2021

Hotel Occupancy Tax Fund is a non major fund that was established to account for hotel occupancy
tax collection within the city.

The Venue Tax Fund Corp. of McAllen, Inc. - (4B) is a non major fund that was established to
account for funding under Ordinance 2012-69 for a 2 per cent Hotel Occupancy tax for a
Performance Arts Facility.

The Development Corp. of McAllen, Inc. - (4B) is a major fund that was established to account for the
additional 1/2 cent sales tax for economic development.

Christmas Parade Fund is a non-major fund that was established to account for the revenues received
and expenditures appropriated for the annual Christmas Parade.

The EB-5 Fund is a non major fund that was established to account for funding under Ordinance No.
2011-42 for EB-5 Regional Center, LLC.

Parkland Zones Fund No. 1,2,3 are non major funds that were established to account for the resources
received under Ordinance No. 1998 - 113 to be used to acquire and develop future park sites as well as
provide improvements to existing parks.
P.E.G. Fund is a non-major fund that was established to account for the resources received on the
cable fee to be used to solely for capital improvements to public, educational and government
programs.

Friends of Quinta Fund is a non-major fund that was established to account for private funds raised
for Quinta Mazatlan and help further education in the community for the establishment.

The Community Development Block Grant Fund is a non major fund that was established to account
for federal grants, which are used for the sole purpose of improving the health and welfare of the
community.

The Police Department Seized Fund is a non major fund that was established to account for court
awarded funds and use for purchase of police department capital assets.

The Downtown Services Parking Fund is a non major fund that was established to account for
revenues received under Ordinance No. 2006-47 for Downtown Service particularly the parking needs.

The Drainage Fee Fund is a non major fund that was established to account for revenues received
under Ordinance No. 2018-02 for Drainage Improvements particularly surface storm water.