Page 345 - Budget Book FY2020-2021
P. 345
City of McAllen, Texas
Property & Casualty Insurance Fund
Working Capital Summary
Actual Adj. Budget Estimated Budget
18-19 19-20 19-20 20-21
RESOURCES
BEGINNING WORKING CAPITAL $ 87,560 $ 43,078 $ (12,365) $ (194,549)
Revenues:
Fund Contributions: 805,730 800,000 805,730 800,000
Other (4,866) - - -
Other Financing Sources:
Transfer-In - Workers Comp Fund - - - 253,552
Total Revenues 800,864 800,000 805,730 1,053,552
TOTAL RESOURCES $ 888,424 $ 843,078 $ 793,365 $ 859,003
APPROPRIATIONS
Operating Expenses:
Administration $ 118,869 $ 163,811 $ 172,356 $ 179,735
Insurance Premiums 347,557 343,267 343,267 343,267
Claims 433,807 336,000 472,291 336,000
Total Operations 900,233 843,078 987,914 859,002
TOTAL APPROPRIATIONS 900,233 843,078 987,914 859,002
Revenues over/(under) Expenditures (11,809) (43,078) (182,184) 194,550
Other Items Affecting Working Capital (556) - - -
ENDING WORKING CAPITAL $ (12,365) $ - $ (194,549) $ -
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