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McAllen City Financial and Public Projects Overview (up to FY 2022 and October 2026)

A neutral summary of recent city actions, spending and financial reports for residents.

What happened

• The city announced it hired First Southwest Company as its independent registered municipal advisor, with Anne Burger Entrekin as the primary advisor; the certification runs from July 1 2014 to September 30 2017.1
• In 2022 the city purchased 7,338 thousand cubic feet of natural gas, 71,639,626 kilowatt‑hours of electricity and 373,054,276 gallons of water, paying a total of $8,876,623 for those utilities.3
• The 2022 Annual Debt Report lists all bonds issued through September 30 2022, showing roughly $216 million of principal still outstanding and the latest maturity date of March 1 2052.2

Who it affects

• The Tres Lagos Public Improvement District reported a net loss of $883,075 for the period ending August 31 2022; the shortfall was covered by a $3.83 million contribution and a $1.06 million loan from the developer, Rhodes Enterprises.4
• The Firemen’s Relief and Retirement Fund held $49.46 million in net assets as of September 30 2017, received $1.27 million in member contributions and $1.50 million in city contributions that year, and earned a 12.29 % investment return, exceeding the 7.5 % actuarial target.5

What's not yet public

• The municipal advisor certification expired on September 30 2017, and the records do not indicate whether the city has appointed a new advisor since then.1

What residents can do

• Mayor Pro Tem Pepe Cabeza de Vaca and city officials unveiled a 14,000‑square‑foot mural on the downtown parking garage at Chicago Avenue and South 15th Street; residents can view the artwork free of charge.6