Page 181 - Budget Book FY2020-2021
P. 181
City of McAllen, Texas
Local Government
Finance Corporation
Debt Service Fund
Summary
Actual Adj. Budget Estimated Budget
18-19 19-20 19-20 20-21
SINKING FUND
BEGINNING FUND BALANCE $ 386,503 $ - $ 15,723 $ 15,723
Other Financing Sources:
Transfer In-Development Corp - 1,070,369 1,070,369 910,435
Interest Income 6,102 - - -
Total Sources 6,102 1,070,369 1,070,369 910,435
TOTAL RESOURCES $ 392,605 $ 1,070,369 $ 1,086,092 $ 926,158
APPROPRIATIONS
Bond Principal $ - $ 605,134 $ 605,134 $ 525,000
Interest and Fees 376,881 465,235 465,235 385,435
TOTAL APPROPRIATIONS 376,881 1,070,369 1,070,369 910,435
ENDING FUND BALANCE $ 15,723 $ - $ 15,723 $ 15,723
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