This document is the audited financial statements and auditor’s report for the Firemen’s Relief and Retirement Fund, a fiduciary fund of the City of McAllen, Texas. It presents the fund’s financial position as of September 30, 2022 (and some 2023 data), the changes during the year, the auditor’s unqualified opinion, and supplementary details such as contributions, investment performance, benefit payments and administrative costs.
| Total net position (Sept 30, 2023) | $53,418,206 |
| Member contributions (2022) | $1,894,577 |
| Employer contributions (2022) | $2,028,406 |
| Net investment loss (2022) | $11,914,410 |
| Total net change (2022) | $(7,975,732) |
| Benefit payments to retirees (2023) | $4,313,286 |
| Administrative expenses (2023) | $32,282 |
| Money‑weighted average return (2016‑2020) | 8.31% |