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<br />City of La Porte, Texas
<br />Long Range Plan for the La Porte Area Water Authority Debt Service Fund
<br />Prepared in conjunction with the Water Capacity Purchase Payment Plan
<br />July 28, 1999
<br />
<br />Projected
<br />2004-05
<br />
<br />Projected
<br />2003-04
<br />
<br />Projected
<br />2002-03
<br />
<br />Projected
<br />2001-02
<br />
<br />Projected
<br />2000-01
<br />
<br />Projected
<br />1999-00
<br />
<br />Estimated
<br />1998-99
<br />
<br />Projected
<br />2007-08
<br />
<br />Projected
<br />2006-07
<br />
<br />Projected
<br />2005-06
<br />
<br />e
<br />
<br />178,762
<br />
<br />176,214
<br />
<br />179,810
<br />
<br />750,000
<br />6,777
<br />
<br />177,952
<br />
<br />750,000
<br />6,916
<br />
<br />179,424
<br />
<br />750,000
<br />6,844
<br />
<br />177 ,829
<br />
<br />750,000
<br />6,901
<br />
<br />127,108
<br />
<br />800,000
<br />6,840
<br />
<br />290,969
<br />
<br />825,000
<br />4,889
<br />
<br />461,477
<br />
<br />825,000
<br />11,191
<br />
<br />446,376
<br />
<br />822,000
<br />17,749
<br />
<br />Beginning Working Capital
<br />
<br />Plus Revenues:
<br />Billings to Cities
<br />Interest Income
<br />
<br />750,000
<br />6,875
<br />
<br />750,000
<br />6,875
<br />
<br />756,875
<br />
<br />-
<br />
<br />756,877
<br />
<br />756,875
<br />
<br />-
<br />
<br />754,327
<br />
<br />756,777
<br />
<br />-
<br />
<br />760,373
<br />
<br />756,916
<br />
<br />-
<br />
<br />755,058
<br />
<br />756,844
<br />
<br />-
<br />
<br />758,316
<br />
<br />756,901
<br />
<br />-
<br />
<br />755,306
<br />
<br />806,840
<br />
<br />-
<br />
<br />756,119
<br />
<br />829,889
<br />
<br />-
<br />
<br />393,750
<br />600,000
<br />
<br />836,191
<br />
<br />279,938
<br />263,636
<br />363,125
<br />100,000
<br />
<br />839,749
<br />
<br />418,783
<br />405,865
<br />
<br />Total Revenues
<br />
<br />Less Expenses:
<br />Water Supply Bonds Series
<br />Water Supply Bonds Series II
<br />1999 Refunding Bonds
<br />Reallocate for Capital Purchase
<br />
<br />756,877
<br />
<br />754,327
<br />
<br />760,373
<br />
<br />755,058
<br />
<br />758,316
<br />
<br />755,306
<br />
<br />756,119
<br />
<br />993,750
<br />
<br />,006,699
<br />
<br />824,648
<br />
<br />Total Expenses
<br />
<br />178,760
<br />
<br />178,762
<br />
<br />176,214
<br />
<br />179,810
<br />
<br />177,952
<br />
<br />179,424
<br />
<br />177,829
<br />
<br />127,108
<br />
<br />290,969
<br />
<br />461,477
<br />
<br />Ending Working Capital
<br />
<br />.e
<br />
<br />86
<br />
<br />in late 2000 and early 2001. In an effort to make the Water Purchase
<br />Cities at the current Debt Service Rate of $825,000 per year and will
<br />We expect to be able to transfer $100,000 in FY 1999-2000
<br />
<br />86
<br />
<br />85
<br />
<br />87
<br />
<br />86
<br />
<br />87
<br />
<br />f successful, they will experience a large savings at
<br />we have elected to continue to bill the membe.
<br />service and apply it towards the capacity purchase.
<br />
<br />86
<br />
<br />47
<br />
<br />105
<br />
<br />In 1999, the LPAWA expects to refund its existing debt.
<br />payment in August 2001, without incurring any additional debt
<br />take the difference between the old debt service and the new debt
<br />and $600,000 in FY 2000-2001
<br />
<br />204
<br />
<br />Days of Working Capital
<br />
<br />-:J
<br />
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