Page 338 - Budget Book FY2020-2021
P. 338
City of McAllen, Texas
Health Insurance Fund
Working Capital Summary
Actual Adj. Budget Estimated Budget
18-19 19-20 19-20 20-21
APPROPRIATIONS
Operating Expenses:
Administration $ 494,317 $ 520,938 $ 481,508 $ 524,419
Administrative Cost 1,167,367 1,276,496 1,307,902 1,314,047
Life Insurance Premiums 61,460 62,000 64,300 67,000
Health Claims 13,007,223 12,034,738 12,379,420 13,600,000
Total Operations 14,730,367 13,894,172 14,233,130 15,505,466
TOTAL APPROPRIATIONS 14,730,367 13,894,172 14,233,130 15,505,466
Revenues over/(under) Expenditures 1,766,795 2,048,496 1,784,438 (189,690)
Other Items Affecting Working Capital (15,392) - - -
ENDING WORKING CAPITAL $ (1,587,863) $ (1,322,241) $ 196,575 $ 6,885
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