Page 401 - Budget Book FY2020-2021

City of McAllen, Texas
McAllen International Airport 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 $ 8,077,490 $ 7,459,893 $ 8,211,083 $ 10,494,940 $ 9,374,302 $ 9,962,629 $ 10,151,229 $ 8,967,325
Revenues:
Federal Grants
FAA Cares Act - - 3,687,059 329,192 - - - -
Aeronautical Operating
Landing Fees 792,121 742,752 570,900 470,409 726,145 726,145 726,145 726,145
Terminal area rental/charges 1,075,443 1,111,868 928,785 874,456 1,089,611 1,089,611 1,089,611 1,089,611
Boarding Ladder Fees 146,992 140,749 115,009 87,968 123,301 123,301 123,301 123,301
FBO Revenue: contract/spo 179,254 179,254 179,254 179,254 179,254 179,254 179,254 179,254
Cargo and hangar rentals 95,286 94,273 106,423 94,273 94,273 94,273 94,273 94,273
Fuel Sales (net profit/loss) 99,907 98,640 61,534 62,472 89,303 89,303 89,303 89,303
Perimeter rentals 97,520 75,464 37,963 76,015 72,309 72,309 72,309 72,309
Remain Overnight 34,100 29,731 15,575 21,085 20,659 20,659 20,659 20,659
Ramp Fees 13,920 13,920 13,770 13,920 13,216 13,216 13,216 13,216
TSA Lease 171,717 178,934 124,737 124,429 176,194 176,194 176,194 176,194
2,706,260 2,665,585 2,153,950 2,004,281 2,584,265 2,584,265 2,584,265 2,584,265
Non-aeronautical Operating
Land and non-terminal facilities
Terminal - food and beverages 133,447 123,397 91,867 78,151 115,436 115,436 115,436 115,436
Terminal - retail stores 38,873 32,845 30,376 20,000 22,260 22,260 22,260 22,260
Terminal - other 160,585 154,730 138,505 75,000 113,715 113,715 113,715 113,715
Rental Cars 1,939,810 1,836,279 1,892,821 1,758,007 1,697,078 1,697,078 1,697,078 1,697,078
Parking 1,417,623 1,201,490 807,763 760,944 1,409,642 1,409,642 1,409,642 1,409,642
TSA Utility & LEO Reimbursement 187,017 185,579 181,331 186,879 182,579 182,579 182,579 182,579

Miscellaneous 919 835 556 - - - - -
3,878,274 3,535,155 3,143,219 2,878,981 3,540,710 3,540,710 3,540,710 3,540,710
Non-operating Revenues
Interest Earned 212,226 - 69,395 104,949 93,743 99,626 101,512 89,673
Sale of assets (654,990) - - - - - - -
Other 83,715 61,770 75,092 61,770 64,000 64,000 64,000 64,000
Total Revenues 6,225,484 6,262,510 9,128,715 5,379,173 6,282,718 6,288,601 6,290,487 6,278,648
Other Financing Sources:
Transfer In - PFC Airport Fund 356,235 - 301,220 - - - - -
Total Revenues 6,581,718 6,262,510 9,429,935 5,379,173 6,282,718 6,288,601 6,290,487 6,278,648
TOTAL RESOURCES $ 14,659,208 $ 13,722,403 $ 17,641,018 $ 15,874,113 $ 15,657,020 $ 16,251,230 $ 16,441,716 $ 15,245,973
APPROPRIATIONS
Operating Expenses:
Airport $ 4,240,323 $ 5,650,550 $ 4,620,891 $ 4,548,618 $ 4,559,132 $ 4,559,132 $ 4,559,132 $ 4,935,148
Liability Insurance 27,314 189,100 27,314 27,314 27,314 27,314 27,314 27,314
Capital Outlay 198,974 - 189,100 - - - - -
Total Operations 4,466,612 5,108,520 4,837,305 4,575,932 4,586,446 4,586,446 4,586,446 4,962,462
Other Financing Sources (Uses):
Transfer Out - General Fund 1,103,965 1,103,965 1,103,965 1,103,965 1,103,965 1,103,965 1,103,965 1,103,965
Transfer Out - Airport CIP Fund - 712,935 358,956 - - 405,610 1,780,000 225,000
Transfer Out - Health Insurance Fund 117,300 51,460 51,460 25,520 - - - -
Debt Service - Motorola Lease Payment 1,510 3,980 3,980 3,980 3,980 3,980 3,980 3,980
TOTAL APPROPRIATIONS 5,689,387 6,980,860 6,355,666 5,709,397 5,694,391 6,100,001 7,474,391 6,295,407
Other Items Affecting Working Capital (758,738) (790,412) (790,412) (790,412) - - - -
ENDING WORKING CAPITAL $ 8,211,083 $ 5,951,131 $ 10,494,940 $ 9,374,302 $ 9,962,628 $ 10,151,229 $ 8,967,325 $ 8,950,567

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