Page 193 - City of McAllen - Approved Annual Budget Book FY 24-25

Adopted Budget 2025 City of McAllen, Texas

DEVELOPMENT CORPORATION OF MCALLEN, INC.

Detail Schedule

Actual Adj. Budget Estimated Budget
22-23 23-24 23-24 24-25
EXPENDITURES

Agencies
After-School Learning Centers (MISD) (Boys & Girls Club) $ 330,000 $ 389,639 $ 389,639 $ 389,639
Affordable Homes 133,953 147,625 147,625 147,625
Christian’s Manor - - - 170,000
Comfort House 115,000 115,000 115,000 115,000
Health Clinic Facility - El Milagro 280,000 280,000 280,000 280,000
LiftFund 189,816 200,000 200,000 200,000
McAllen Economic Development Corporation 1,010,000 1,100,000 1,100,000 1,100,000
STC - Center for Advanced Training & Apprentice 301,663 450,000 450,000 450,000
STC - Nursing and Allied Health 496,018 500,000 500,000 500,000
STC - Performing Arts Center - - - 402,500
VIDA 500,000 500,000 500,000 600,000
Total Agencies $ 3,356,450 $ 3,682,264 $ 3,682,264 $ 4,354,764

Business District Improvements
Business Development & Recruitment $ 215,133 $ 251,000 $ 251,000 $ 251,000
Downtown Refresh 150,672 250,000 250,000 250,000
Involuntary Demolitions 86,509 150,000 100,000 150,000
Lease Agreement - Hackberry 9,000 36,000 - -
Matching Grant program - Neighborhood 5,000 25,000 5,000 25,000
Matching Commercial Grant program - 25,000 3,000 25,000
Priority Corridor Revitalization 208,009 200,000 200,000 300,000
Project Imagine Tomorrow 101,281 400,000 400,000 400,000
Potential Investments - - - 750,000
Retail - Buxton - 60,000 60,000 60,000
Tres Lagos - Developers Reimbursement - 115,476 58,261 60,000
UTRGV Medical School 1,000,000 1,000,000 1,000,000 1,000,000
380 Agreements for Business and Industrial Incentives 5,708,082 10,052,254 6,815,691 9,005,847
Total Business District Improvements $ 7,483,686 $ 12,564,730 $ 9,142,952 $ 12,276,847

Street and Drainage Improvements
Auburn/Trenton Intersection Improvement $ 363,912 $ - $ - $ -
Bentsen Road Widening - Buddy Owens to 5 mile� 161,935 1,205,310 45,000 1,350,000
Bentsen Road Widening - Buddy Owens to 5 mile� (ROW) - - - 900,000
Daffodil - Taylor Rd to Ware Rd� 2,174,209 6,066,001 3,448,902 -
Dove: 41st Street to Bentsen - 779,718 799,718 -
Quince Ave. at North 27th Street Drainage Improvements 1,683,430 84,019 5,413 -
Shary Road from SH 107 to 9 Mile - - - 798,154
Street Repaving - 250,000 250,000 250,000
Total Street and Drainage Improvements $ 4,383,486 $ 8,385,048 $ 4,549,033 $ 3,298,154

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