Page 312 - Budget Book FY2020-2021

City of McAllen, Texas
McAllen International Toll Bridge Fund
Working Capital Summary

Actual Adj. Budget Estimated Budget
18-19 19-20 19-20 20-21

RESOURCES

BEGINNING WORKING CAPITAL $ 1,297,263 $ 1,297,263 $ 1,297,163 1,297,163

Revenues:
Highways & Streets Toll Bridge 11,030,967 11,691,217 9,369,365 11,012,945
UETA Turnstile 1,470 - - -
Rents & Royalties 2,528,750 2,436,359 2,611,803 2,670,467
Miscellaneous 247,242 75,000 127,240 105,000
Interest Earned 79,795 - 30,227 12,973
Total Revenues 13,888,224 14,202,576 12,138,635 13,801,385

TOTAL RESOURCES $ 15,185,487 $ 15,499,839 $ 13,435,798 $ 15,098,548

APPROPRIATIONS

Operating Expenses:
Bridge Operations $ 2,053,792 $ 2,318,806 $ 2,171,956 $ 2,469,667
Administration 833,312 811,121 731,539 813,877
Capital Outlay 16,385 - 16,385 16,385
Total Operations 2,903,489 3,129,927 2,919,880 3,299,929

Other Financing Sources (Uses):
City of Hidalgo 3,375,018 3,404,096 2,856,903 3,288,039
City of McAllen-G.F.Restricted Acct 5,601,810 5,213,851 4,241,064 5,009,429
Transfer out - Heath Insurance Fund 93,150 40,865 40,865 24,811
Transfer out - Toll Bridge CIP 1,319,338 1,437,921 1,122,755 1,341,025
Board Advance - Anzalduas Int'l Xng for "B" 844,742 837,875 837,875 835,975
Debt Service - Motorola Lease Payment 826 2,177 2,177 2,177

TOTAL APPROPRIATIONS 14,138,373 14,066,712 12,021,519 13,801,385

Revenues over/(under) Expenditures (250,149) 135,864 117,116 -

Other Items Affecting Working Capital ("A") 250,049 (135,864) (117,116) -

ENDING WORKING CAPITAL $ 1,297,163 $ 1,297,263 $ 1,297,163 $ 1,297,163

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