Page 298 - Budget Book FY2020-2021
P. 298
City of McAllen, Texas
Metro McAllen Fund
Working Capital Summary
Actual Adj. Budget Estimated Budget
18-19 19-20 19-20 20-21
RESOURCES
BEGINNING WORKING CAPITAL $ 896,734 $ 699,136 $ 731,779 $ 731,779
Revenues:
Federal Grants / FTA
O & M Subsidy 1,174,576 1,609,348 2,274,382 3,427,783
Capital Outlay Subsidy 22,078 - 6,976 -
State Grants / TXDOT
O & M Subsidy 299,657 315,500 303,772 300,000
Fares 463,692 390,000 233,752 195,000
Space Rental 285,114 290,000 270,000 290,000
Concessions 62,735 75,000 50,000 75,000
Concessions - Other 26,277 8,807 22,017 8,807
Agencies - Other 10,699 63,600 71,257 33,600
Interest 15,009 - 4,178 5,318
Total Revenues 2,359,836 2,752,255 3,236,334 4,335,508
Other Financing Sources:
Transfer-In- Development Corp 925,618 933,914 540,537 67,000
Total Revenues and Other Sources 3,285,454 3,686,169 3,776,871 4,402,508
TOTAL RESOURCES $ 4,182,188 $ 4,385,305 $ 4,508,650 $ 5,134,287
APPROPRIATIONS
Operating Expenses:
Administration $ 3,373,543 $ 3,913,053 $ 3,571,122 $ 4,202,327
Liability Insurance 5,856 5,803 5,803 5,803
3,379,399 3,918,856 3,576,925 4,208,130
Other Financing Sources (Uses):
Transfer-Out - Downtown Services Fund - 150,000 150,000 150,000
Transfer-Out - Health Insurance Fund 113,850 49,946 49,946 25,520
TOTAL APPROPRIATIONS 3,493,249 4,118,802 3,776,871 4,383,650
Revenues over/(under) Expenditures (207,795) (432,633) - 18,858
Other Items Affecting Working Capital 42,837 - - -
ENDING WORKING CAPITAL $ 731,779 $ 266,503 $ 731,779 $ 750,637
-248-
