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Independent Auditor’s Report and Financial Statements for McAllen International Toll Bridge (FY 2021 & 2020)

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What is this?

This document contains the audited financial statements and the independent certified public accountants’ report for the McAllen International Toll Bridge for the fiscal years ending September 30, 2021 and September 30, 2020. It includes the auditor’s unmodified opinion that the statements fairly present the bridge’s financial position, a discussion of the bridge’s revenue, expenses and cash flows, traffic volume data, and supplemental schedules. The auditor also notes that the statements cover only the bridge entity and not the City of McAllen.

Key figures

Net position change $480,000
Operating revenue decrease $529,000
Operating expense decrease $366,000
Cars counted (FY 2021‑22) 1,647,489
Cars decrease from prior year -243,446 (-12.87 %)
Buses & other vehicles counted 16,489
Passengers in cars 4,118,723
Passenger decrease from prior year -608,615 (-12.87 %)
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