Page 395 - Budget Book FY2020-2021

City of McAllen, Texas
Water 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 $ 6,364,255 $ 5,635,087 $ 7,483,742 $ 8,463,536 $ 9,197,029 $ 10,153,453 $ 10,456,431 $ 9,971,442
Revenues:
Residential Water Sales 10,705,875 14,371,367 13,033,146 14,428,560 14,488,260 14,547,960 14,607,660 14,667,360
Commercial Water Sales 5,542,633 6,499,482 6,814,176 6,508,437 6,520,377 6,532,317 6,544,257 6,556,197
Industrial Water Sales 341,217 541,053 398,694 541,053 541,053 541,053 541,053 541,053

Regional Water Sales 97,138 340,000 189,966 340,000 340,000 340,000 340,000 340,000
Misc. Operating Revenues 469,909 400,000 422,346 400,000 400,000 400,000 400,000 400,000
Tap Fees 288,200 450,000 265,525 450,000 450,000 450,000 450,000 450,000

Connect Fees 182,075 180,000 157,150 180,000 180,000 180,000 180,000 180,000
Reconnect Fees 194,600 190,000 170,025 190,000 190,000 190,000 190,000 190,000
Billing Charges 460,000 460,000 460,000 460,000 460,000 460,000 460,000 460,000
Reimbursements 45,826 35,000 14,480 35,000 35,000 35,000 35,000 35,000

Misc. Non-Operating Revenues 324,884 235,500 339,837 235,500 235,500 235,500 235,500 235,500
Interest Earned 399,671 84,526 244,641 84,635 91,970 152,302 156,846 149,572
Total Revenues 19,052,028 23,786,928 22,509,986 23,853,185 23,932,160 24,064,131 24,140,316 24,204,681
TOTAL RESOURCES $ 25,416,283 $ 29,422,015 $ 29,993,728 $ 32,316,721 $ 33,129,189 $ 34,217,584 $ 34,596,747 $ 34,176,123
APPROPRIATIONS
Operating Expenses:
Administration and General/Benefits $ 1,921,899 $ 1,955,948 $ 1,822,243 $ 1,885,265 $ 1,961,732 $ 2,041,640 $ 2,125,144 $ 2,212,405

Employee Benefits/Contingency 48,000 123,477 3,500 219,182 35,000 35,000 35,000 35,000
Liability and Misc. Insurance 39,060 55,099 55,099 55,099 55,099 55,099 55,099 55,099
Water Treatment Plant 4,176,241 4,739,853 4,735,913 4,931,729 5,153,657 5,385,571 5,627,922 5,881,179
Cost of Raw Water 2,089,621 2,597,311 2,597,311 2,593,905 2,645,783 2,698,699 2,752,673 2,807,726
Water Laboratory 397,483 444,954 441,591 449,758 469,997 491,147 513,249 536,345
Transmission & Distribution 2,172,184 2,826,456 2,652,653 3,024,951 3,161,074 3,303,322 3,451,972 3,607,310
Water Meter Readers 919,879 1,120,102 1,024,516 1,120,368 1,170,785 1,223,470 1,278,526 1,336,060
Utility Billing 760,881 833,963 788,244 863,692 902,558 943,173 985,616 1,029,969
Customer Relations 943,727 1,108,154 1,120,942 1,078,085 1,126,599 1,177,296 1,230,274 1,285,636
Treasury Management 450,311 569,526 531,533 580,086 606,190 633,468 661,974 691,763

Capital Outlay - - - - - - - -
Total Operations 13,919,288 16,374,843 15,773,545 16,802,120 17,288,473 17,987,885 18,717,448 19,478,492
Transfers To Depreciation Fund 1,590,160 1,600,986 1,594,252 1,606,935 1,711,365 1,736,915 1,710,598 1,679,504
Transfers to Debt Service-2015 Issue 1,082,191 1,088,612 1,088,612 1,090,082 1,092,182 1,092,042 1,092,392 1,095,822
Transfers to Debt Service-2016 Issue 1,037,439 805,917 805,917 803,552 802,208 860,473 859,936 859,989
Transfers to Debt Service-2018 Issues 372,947 527,040 527,040 530,143 528,124 530,956 692,548 692,795
Transfers to Planned Debt Service - - - 220,917 354,750 354,250 353,750 353,250
Transfers to Capital Improvements 1,170,921 1,271,960 1,271,960 1,875,415 1,000,000 1,000,000 1,000,000 1,000,000
Other Non-operating expenses / Health Ins 472,651 207,352 207,352 101,370 101,370 101,370 101,370 101,370

Rebatable Arbitrage / Bond-related charges 120,981 - - - - - - -
TOTAL APPROPRIATIONS 19,766,578 21,876,710 21,268,678 23,030,534 22,878,472 23,663,891 24,528,042 25,261,221
Other Changes Affecting Working Capital 1,834,036 (261,514) (261,514) (89,158) (97,263) (97,263) (97,263) (97,263)

ENDING WORKING CAPITAL $ 7,483,742 $ 7,283,791 $ 8,463,536 $ 9,197,029 $ 10,153,453 $ 10,456,431 $ 9,971,442 $ 8,817,638

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