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This is an Unaudited Statement.
<br />City of La Porte
<br />La Porte Development Corporation (038) Fund Summary
<br />(Section 4B Sales Tax)
<br />Previous
<br />ReportFY 2011-12FY 2010-11
<br />Unaudited Beginning Fund Balance 9/302,125,2242,125,2241,639,258
<br />Plus Year to Date Revenues:
<br />1/2 Cent Sales Tax1,086,9651,432,6321,169,590
<br />Transfers-In154,914154,914-
<br />Interest Income3,2303,8443,870
<br />Total Revenues1,245,1091,591,3901,173,460
<br />Equals Total Resources3,370,3333,716,6142,812,718
<br />Less Year to Date Expenditures:
<br />Payroll40,27349,90163,596
<br />Supplies2,2472,4801,975
<br />Services & Charges (Memberships, Training, Advertising, Legal, Utilities)63,67083,38175,613
<br />Capital Outlay-23,900-
<br />*
<br />Debt Service Transfer495,254605,310570,801
<br />Capital Projects Transfers**727,500889,167325,417
<br />Total Expenditures1,328,9441,654,1391,037,402
<br />Estimated Year to Date Fund Balance$2,041,389$2,062,475$1,775,316
<br />*Debt Service Payments for Library, Bay Area Boulevard & Canada Road and Ballfields.
<br /> **Capital Project Transfers are for the Lomax Rodeo Arena Improvements, Dog Park, Playground Renovations, Golf
<br />Course Bathrooms and the remaining 50% of the bulkhead funding.
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