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O-2004-2762-A
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O-2004-2762-A
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Last modified
11/2/2016 3:39:14 PM
Creation date
10/26/2006 9:05:59 AM
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Legislative Records
Legislative Type
Ordinance
Date
9/27/2004
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<br />e <br /> <br />e <br /> <br />City of La Porte <br />Hotel/Motel Occupancy Tax Fund (037) Summary <br /> <br />Workillg Capital 9/30/03 <br /> <br />719,142 <br /> <br />Plus Estimated 03-04 Revenues <br /> <br />235,535 <br /> <br />Less Estimated 03-04 Operating Expenditures <br />Less Estimated 03-04 CIP Commitments and Expenditures <br /> <br />186, I 00 <br />73,393 <br /> <br />Equals Estimated Workillg Capital 9/30/04 <br /> <br />695,184 <br /> <br />Plus 04-05 Revenues: <br /> <br />240,000 <br />11,610 <br /> <br />Occupancy Tax <br />Interest Income <br /> <br />Total Revenue <br /> <br />251,610 <br /> <br />Equals Total Resources <br /> <br />946,794 <br /> <br />Less 04-05 Expenditures: <br /> <br />Downtown Revitalization <br />Postage <br />Tourism Development & Promotion <br />Advertising <br />Chamber of Commerce <br />City Maps <br />Community Festivals <br />Fireworks <br />Transfer to Sylvan Beach Fund <br />Transfer to Golf Course Fund <br />Contingency <br /> <br />100,000 <br />5,000 <br />25,000 <br />20,000 <br />40,000 <br />3,000 <br />18,000 <br />15,000 <br />20,000 <br />35,000 <br />15,000 <br /> <br />Total Expenditures <br /> <br />296,000 <br /> <br />One time transfer to Sylvan Beach Fund for Repairs <br /> <br />40,750 <br /> <br />Equals Estimated Working Capital 9/30/05 <br /> <br />610,044 <br /> <br />Revenues <br />Expenditures & Commitments <br />Estimated Fund Balance Usage <br /> <br />Estimated <br />2003-04 <br />235,535 <br />259,493 <br />(23,958) <br /> <br />Projected <br />2004-05 <br />251,610 <br />336,750 <br />(85,140) <br />
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