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<br />City of La Porte <br />Hotel/Motel Occupancy Tax Fund (037) Summary <br /> <br />Beginning Fund Balance 9/30/06 <br />Plus Estimated 06-07 Revenues <br /> <br />404,094 <br />391,093 <br /> <br />Less Estimated 06-07 Operating Expenditures <br />Less Estimated 06-07 CIP Commitments and Expenditures <br />Reserve for Mainstreet <br />Reserve for Beach Nourishment <br />Total Expenditures & Commitments <br /> <br />Estimated Fund Balance 9/30/07 <br /> <br />365,512 <br /> <br />50,157 <br />94,600 <br /> <br />144,757 <br />284,918 <br /> <br />Plus 07-08 Revenues: <br /> <br />Occupancy Tax <br />Transfer from Community Investment Fund <br />Interest Income <br />Total Revenue <br /> <br />415,000 <br />93,620 <br />21 ,400 <br /> 530,020 <br /> 814,938 <br />176,800 <br />222,240 <br />15,000 <br />25,000 <br />40,000 <br />51,500 <br />26,000 <br /> 556,540 <br /> 258,398 <br /> <br />Equals Total Resources <br /> <br />Less 07-08 Expenditures: <br /> <br />N on- Departmental <br />Mainstreet <br />Joint Venture with the Heritage Society <br />Transfer to Sylvan Beach Fund <br />Transfer to Sylvan Beach Fund - Exterior Repairs (Steel) <br />Transfer to Golf Course Fund <br />2008 Reserve for Beach Nourishment <br />Total Expenditures <br /> <br />Ending Fund Balance 9/30/08 <br /> <br />Revenues <br />Expenditures & Commitments <br />Revenues over Expenditures <br /> <br />Estimated <br />2006-07 <br />391,093 <br />510,269 <br />(119,176)* <br /> <br />Projected <br />2007-08 <br />530,020 <br />556,540 <br />(26,520)** <br /> <br />*2006-07 - One-Time Expenditures & Reserves: <br />Reserve for Mainstreet <br />Reserve for Beach Nourishment <br />Chamber - Festival (Extra) <br /> <br />$ <br /> <br />50,157 <br />94,600 <br />30,000 <br />174,757 <br /> <br />$ <br /> <br />**2007-08 - One-Time Expenditures & Reserves: <br /> <br />Consulting (Branding Image, Overall Schematics for <br />Downtown & Website Development) <br />Marketing Workshop ED for Business Owners <br />Sylvan Beach Exterior Repairs (Steel) <br />Reserve for Beach Nourishment <br />Chamber - Festival (Extra) <br /> <br />$ <br /> <br />35,000 <br /> <br />9!pijJJO*+ <br />t':J,JJU- + <br />1:,:J,6Jdo * <br /> <br />10,000 <br />40,000 <br />26,000 <br />30,000 <br />141,000 <br /> <br />$ <br /> <br />415 <br />