Page 410 - Budget Book FY2020-2021
P. 410
City of McAllen, Texas
Property & Casualty Insurance 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 $ 87,560 $ 43,078 $ (12,365) $ (194,549) $ - $ (59,140) $ (118,280) $ (177,421)
Revenues: .
Fund Contributions 805,730 800,000 805,730 800,000 800,000 800,000 800,000 805,730
Other (4,866) - - - - - - -
Total Revenues 800,864 800,000 805,730 800,000 800,000 800,000 800,000 805,730
Transfer in - Workers Comp Fund - - - 253,552 - - - -
TOTAL RESOURCES $ 888,424 $ 843,078 $ 793,365 $ 859,003 $ 800,000 $ 740,860 $ 681,720 $ 628,309
APPROPRIATIONS
Operating Expenses:
Administration $ 118,869 $ 163,811 $ 172,356 $ 179,735 $ 179,873 $ 179,873 $ 179,873 $ 179,873
Insurance 347,557 343,267 343,267 343,267 343,267 343,267 343,267 343,267
Claims Expenses 433,807 336,000 472,291 336,000 336,000 336,000 336,000 336,000
Total Operations 900,233 843,078 987,914 859,002 859,140 859,140 859,140 859,140
TOTAL APPROPRIATIONS 900,233 843,078 987,914 859,002 859,140 859,140 859,140 859,140
Other Items Affecting Working Capital (556) - - - - - - -
ENDING WORKING CAPITAL $ (12,365) $ - $ (194,549) $ - $ (59,140) $ (118,280) $ (177,421) $ (230,831)
-360-
