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LA PORTE REDEVELOPMENT AUTHORITY <br />MANAGEMENT'S DISCUSSION AND ANALYSTS <br />FOR THE YEAR ENDED SEPTEMBER 30, 2012 <br />GOVERNMENT -WIDE FINANCIAL ANALYSIS (Continued) <br />The following table provides a summary of the Authority's operations for the fiscal years <br />ending September 30, 2012, and September 30, 2011: <br />of Changes in the Staters <br />2012 <br />Revenues <br />Tax Increment Revenue $ 1,290,676 <br />Investment Revenue 635 <br />Total Revenues $ 1,291,3:1 L u <br /><ti _ <br />Expenses for Services 1,06.154 <br />Change in Net Assets $2305157 <br />Beginning Net Assets, As Adjusted r;, ':(9,555 560) <br />$ 1,481,668 <br />419,248 <br />$ 1,062,420 <br />Change <br />Positive <br />(Negative) <br />$ (190,027) <br />_......(330) <br />$ (190,357) <br />(64,1.,906) <br />$ (832,263) <br />(10,563,515) 1,007,955 <br />01 095) <br />Ending Net Assets {9,325.403j,5 ; _ 175,692 <br />FINANCIAL ANALYSIS OF THE AUTHORITY'S GOVERNMENTAL FUNDS <br />The Authority's-7"eombined fund balances as of September 30, 2012, were $1,178,981, an <br />increase of $15- 9 037 from the prior year_ <br />The .Q rieral`Fund fund balance increased by $158,037 due to tax increment revenue being more <br />than 66-p zng costs and certain costs to fund the Authority's debt obligations. <br />