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R-1999-25
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R-1999-25
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Last modified
11/2/2016 3:48:37 PM
Creation date
7/27/2006 2:40:35 PM
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Legislative Records
Legislative Type
Resolution
Legislative No.
R-1999-25
Date
7/26/1999
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<br />e <br /> <br />e <br /> <br />City of La Porte <br />Transportation & Other Infrastructure Fund (005) Summary <br /> <br />Working Capital 9/30/98 <br /> <br />1,677,862 <br /> <br />Plus Estimated 98-99 Revenues <br /> <br />91,349 <br /> <br />Less Estimated 98-99 Expenditures <br /> <br />Equals Estimated Working Capital 9/30/99 <br /> <br />1,769,211 <br /> <br />Plus 99-00 Revenues: <br /> <br />Interest Income <br /> <br />96,000 <br /> <br />Total Revenues <br /> <br />96,000 <br /> <br />Equals Total Resources <br /> <br />1,865,211 <br /> <br />Less Expenses <br /> <br />Equals Estimated 9/30/00 Working Capital Balance <br /> <br />1,865,211 <br /> <br />The Transportation & Other Infrastructure Fund is used to prepare for future improvements <br />involving mobility within the City. The scope of the fund is not limited to transportation issues only, <br />but includes other major City wide infrastructure ventures. It is anticipated the fund will be used <br />in conjuction with the Section 4B Sales Tax for projects such as the City Library and Bay Area <br />Expansion. <br />
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