Page 390 - Budget Book FY2020-2021

City of McAllen
General Fund
Fund Balance Summary

Adjusted
Actual Budget Estimated Budget Four Year Plan
18-19 19-20 19-20 20-21 21-22 22-23 23-24 24-25
UNASSIGNED BEGINNING
FUND BALANCE $48,732,108 $54,411,405 $ 56,950,623 $ 53,965,173 $ 46,784,805 $ 42,633,272 $ 39,722,577 $ 39,776,505
Revenues:
Taxes $102,819,384 $97,789,746 $97,789,746 $99,279,462 $101,771,698 $104,290,773 $107,166,498 $109,617,107
Licenses and Permits 2,130,164 2,290,629 2,290,629 2,490,265 2,552,522 2,616,335 2,681,743 2,748,787
Intergovernmental 15,609 - - - - - - -
Charges for Services 6,021,986 4,763,052 4,763,052 5,151,985 5,229,412 5,323,339 5,404,290 5,478,464

Fines and Forfeits 1,423,373 859,804 859,804 837,350 858,284 879,741 901,734 924,278
Investment Earnings 1,959,329 1,279,093 1,279,093 1,279,093 1,311,070 1,343,847 1,377,443 1,411,879
Miscellaneous Revenues 3,102,306 2,002,001 5,268,511 1,162,644 1,183,210 1,204,290 1,225,898 1,248,045
Total Revenues 117,472,151 108,984,325 112,250,835 110,200,799 $112,906,197 115,658,325 118,757,606 121,428,560
Other Financing Sources:
Transfers In 10,431,600 9,852,000 9,852,000 5,545,029 5,657,449 5,772,256 5,889,501 6,009,235
Capital Lease 3,825,227 - - - - - - -
Total Revenues and Other Sources 131,728,978 118,836,325 122,102,835 115,745,828 118,563,646 121,430,581 124,647,107 127,437,795
TOTAL RESOURCES $ 180,461,086 $ 173,247,730 $ 179,053,458 $ 169,711,002 $ 165,348,451 $ 164,063,853 $ 164,369,684 $ 167,214,300
APPROPRIATIONS
Operating Expense:
General Government $ 18,861,963 $ 19,574,067 $ 19,574,067 $ 19,781,500 $ 19,975,459 $ 20,836,376 $ 20,033,674 $ 20,021,840
Public Safety 62,844,942 61,181,339 61,181,339 61,729,654 61,354,109 61,745,571 62,072,672 62,523,824
Highways and Streets 11,527,254 12,234,643 12,234,643 12,873,031 12,880,813 12,896,313 13,025,095 12,884,295
Health and Welfare 2,922,725 3,075,716 3,075,716 2,997,593 3,149,407 3,408,534 3,864,435 3,812,013
Culture and Recreation 18,878,500 20,157,427 20,157,427 20,820,427 21,110,252 21,141,402 21,197,602 21,428,023
Total Operations 115,035,384 116,223,192 116,223,192 118,202,205 118,470,040 120,028,196 120,193,478 120,669,995
Other Financing Sources (Uses):
Transfers Out 8,015,521 8,356,920 8,356,920 4,460,817 3,736,966 3,804,905 3,891,528 3,962,558
Debt Service - Motorola Lease Payment 855,571 508,174 508,174 263,174 508,174 508,174 508,174 508,174
TOTAL APPROPRIATIONS 123,906,476 125,088,286 125,088,286 122,926,196 122,715,180 124,341,275 124,593,180 125,140,728

Unadj ENDING FUND BALANCE $ 56,554,610 $ 48,159,444 $ 53,965,173 $ 46,784,805 $ 42,633,272 $ 39,722,577 $ 39,776,505 $ 42,073,572
Adjustments:
Board Advances $ (306,852) - - - - - - -
Prepaids 525,139 - - - - - - -
Other Changes Affecting Working Capital 177,726 - - - - - - -
UNASSIGNED FUND BALANCE $ 56,950,623 $ 48,159,444 $ 53,965,173 $ 46,784,805 $ 42,633,272 $ 39,722,577 $ 39,776,505 $ 42,073,572
MINIMUM FUND BALANCE TEST
Total Operations - Expenditures 115,035,383 116,223,191 116,223,192 118,202,205 118,470,040 120,028,196 120,193,478 120,669,995
Less: Capital Outlay 5,448,078 1,279,451 1,279,451 1,007,663 1,545,054 1,274,133 1,076,035 1,269,001
Net Operations - Expenditures 109,587,306 114,943,741 114,943,741 117,194,542 116,924,986 118,754,063 119,117,443 119,400,994
1 Day Operating Expenditures 300,239 314,914 314,914 321,081 320,342 325,354 326,349 327,126
No. of Day's Operating Expenditures
in Fund Balance 190 153 171 146 133 122 122 129

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