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McAllen City 2012 Comprehensive Annual Financial Report

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This Comprehensive Annual Financial Report (CAFR) presents the City of McAllen’s financial condition for the fiscal year ending September 30, 2012. It details the city’s assets, liabilities, net assets, revenues, expenses and capital projects, separating governmental activities from business‑type (enterprise) activities. The report shows overall assets of about $926 million, liabilities of $211 million, and net assets of $715 million, and lists major capital additions such as a new library and water‑sewer improvements.

Key figures

Total assets (all funds) $925,887,729
Total liabilities $210,735,497
Total net assets $715,152,232
Net assets – governmental activities $353,910,012
Net assets – business‑type activities $361,242,220
Net capital assets (depreciated) $650,000,000
Major capital additions (FY 2012) New McAllen Library $4 M; Water & sewer improvements $10 M
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