Page 392 - Budget Book FY2020-2021

City of McAllen, Texas
Downtown Services Parking Fund
Working Capital 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
RESOURCES
BEGINNING WORKING CAPITAL 119,862 30,480 14,810 32,735 156,756 286,513 417,568 549,933

Revenues:
Parking Meter Fees 675,465 700,000 489,938 650,000 700,000 700,000 700,000 700,000
Parking Fines 144,057 150,000 102,440 140,000 150,000 150,000 150,000 150,000
Transportation 14,371 15,000 14,366 15,000 15,000 15,000 15,000 15,000
Special Permit 33,650 15,000 10,500 15,000 15,000 15,000 15,000 15,000
Parking Garage Fee 331,253 330,000 204,852 310,000 330,000 330,000 330,000 330,000
Parking Garage Lease 39,363 39,000 38,479 39,000 39,000 39,000 39,000 39,000

Misc./Decal Parking Reg. Fees 4,390 3,300 74,460 3,300 3,300 3,300 3,300 3,300
B-cycle Membership 17,437 24,000 11,341 17,000 24,000 24,000 24,000 24,000
Interest Earned 1,964 - 2,191 327 1,568 2,865 4,176 5,499
Capital Lease - Motorola Radios 36,697 - - - - - - -
Total Revenues 1,298,647 1,276,300 948,567 1,189,627 1,277,868 1,279,165 1,280,476 1,281,799

Transfer-In- Metro McAllen Fund - 150,000 150,000 150,000 - - - -
Total Transfers-In and Revenues 1,298,647 1,426,300 1,098,567 1,339,627 1,277,868 1,279,165 1,280,476 1,281,799
TOTAL RESOURCES $ 1,418,509 $ 1,456,780 $ 1,113,377 $ 1,372,363 $ 1,434,623 $ 1,565,678 $ 1,698,044 $ 1,831,733
APPROPRIATIONS

Operating Expenses:
Downtown Services $ 1,051,718 $ 1,192,443 $ 1,010,697 $ 1,135,134 $ 1,138,979 $ 1,138,979 $ 1,138,979 $ 1,138,979
Liability Insurance 4,526 4,256 4,256 4,256 4,256 4,256 4,256 4,256
Capital Outlay 36,697 - - 60,000 - - - -
Total Operations 1,092,941 1,196,699 1,014,953 1,199,390 1,143,235 1,143,235 1,143,235 1,143,235

Other Financing Sources (Uses):
Transfer Out - General Fund 237,000 55,528 32,057 - - - - -
Transfer Out - Health Ins. Fund 65,550 28,757 28,757 11,342 - - - -
Debt Service Motorola Lease Payment 8,208 4,875 4,875 4,875 4,875 4,875 4,875 4,875
TOTAL APPROPRIATIONS 1,403,699 1,285,859 1,080,642 1,215,607 1,148,110 1,148,110 1,148,110 1,148,110

ENDING WORKING CAPITAL $ 14,810 $ 170,920 $ 32,735 $ 156,756 $ 286,513 $ 417,568 $ 549,933 $ 683,622

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