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McAllen International Toll Bridge Audited Financial Statements 2017‑2016

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What is this?

This is the audited financial report for the McAllen International Toll Bridge for the fiscal years ending September 30, 2017 and September 30, 2016. An independent CPA firm (Grant Thornton) issued an unmodified opinion that the statements fairly present the Bridge’s financial position, results of operations, and cash flows. The report includes statements of net position, revenues, expenses, cash flows, and supplemental schedules. The management discussion notes a slight decline in southbound traffic and a net increase in the Bridge’s net position of $1.3 million, despite operating expenses rising faster than revenues.

Key figures

Fiscal year end dates September 30, 2017 and September 30, 2016
Net position increase $1.3 million
Operating revenue change +$216 thousand
Operating expense change +$359 thousand
Southbound cars count FY 2017‑18 2,862,748
Southbound cars change from prior year -33,673 (-1.16%)
Southbound non‑commercial trucks & buses 26,631
Change in trucks & buses -2,253 (-7.80%)
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