Page 292 - Budget Book FY2020-2021

City of McAllen, Texas
McAllen International Airport Fund
Working Capital Summary

Actual Adj. Budget Estimated Budget
18-19 19-20 19-20 20-21
RESOURCES
BEGINNING WORKING CAPITAL $ 8,077,490 $ 7,459,893 $ 8,211,083 $ 10,494,940

Revenues:
Federal Grants
FAA CARES Act - - 3,687,059 329,192
Aeronautical Operating
Landing Fees 792,121 742,752 570,900 470,409
Terminal area rental/charges 1,075,443 1,111,868 928,785 874,456
Boarding Bridge Fees 146,992 140,749 115,009 87,968
FBO Revenue: contract/sponsors 179,254 179,254 179,254 179,254
Cargo and hangar rentals 95,286 94,273 106,423 94,273
Fuel Sales (net profit/loss) 99,907 98,640 61,534 62,472
Perimeter rentals 97,520 75,464 37,963 76,015
Remain Overnight 34,100 29,731 15,575 21,085
Ramp Fees 13,920 13,920 13,770 13,920
TSA Lease 171,717 178,934 124,737 124,429
2,706,260 2,665,585 2,153,950 2,004,281
Non-aeronautical Operating
Terminal - food and beverages 133,447 123,397 91,867 78,151
Terminal - retail stores 38,873 32,845 30,376 20,000
Terminal - other 160,585 154,730 138,505 75,000
Rental Cars 1,939,810 1,836,279 1,892,821 1,758,007
Parking 1,417,623 1,201,490 807,763 760,944
TSA Utility & LEO Reimbursement 187,017 185,579 181,331 186,879
Miscellaneous 919 835 556 -
3,878,274 3,535,155 3,143,219 2,878,981
Non-operating Revenues
Interest Earned 212,226 - 69,395 104,949
Sale of assets (654,990) - - -
Other 83,715 61,770 75,092 61,770
Total Revenues 6,225,484 6,262,510 9,128,715 5,379,173

Other Financing Sources:
Transfer In: PFC Airport Fund 356,235 - 301,220 -
Total Revenues and Other Soruces 6,581,718 6,262,510 9,429,935 5,379,173
TOTAL RESOURCES $ 14,659,208 $ 13,722,403 $ 17,641,018 $ 15,874,113

APPROPRIATIONS
Operating Expenses:
Airport $ 4,240,323 $ 4,892,106 $ 4,620,891 $ 4,548,618
Liability Insurance 27,314 27,314 27,314 27,314
Capital Outlay 198,974 189,100 189,100 -
Total Operations 4,466,612 5,108,520 4,837,305 4,575,932
Other Financing Sources (Uses):
Transfer Out - General Fund 1,103,965 1,103,965 1,103,965 1,103,965
Transfer Out - Airport Capital Improvement Fund - 712,935 358,956 -

Transfer Out - Health Insurance Fund 117,300 51,460 51,460 25,520
Debt Service - Motorola Lease Payment 1,510 3,980 3,980 3,980
TOTAL APPROPRIATIONS 5,689,387 6,980,860 6,355,666 5,709,397
Revenues over/(under) Expenditures 892,331 (718,350) 3,074,269 (330,224)
Other Items Affecting Working Capital (758,738) (790,412) (790,412) (790,412)
ENDING WORKING CAPITAL $ 8,211,083 $ 5,951,131 $ 10,494,940 $ 9,374,302

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