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RDTCS <br />ESOURCESERIVEDHROUGHHARGES FOR ERVICES <br />The City provides many services to its Citizens. Some are required for the basic health and well being of the <br />individual (water, sewer and sanitation) while others improve the quality of life (wave pool and golf course). The total <br />projection for Charges for Services revenues in Fiscal year 2003-04 is $14.3 million. Listed below are major sources <br />of revenues received from services rendered. <br />Service RenderedProjected 03-04 Resources <br />Water Production & Distribution $ 2,798,980 <br />Wastewater Collection & Treatment 2,413,466 <br />Residential Solid Waste Collection 1,200,000 <br />Golf Course Fees 1,183,342 <br />Other Resources <br />Another major resource for the City of La Porte is the earning of interest on investments. Although interest rates have <br />significantly declined over the past few years, the City expects to earn $636,130 on its idle funds during fiscal year <br />2003-04. The projection of this resource is based on cash flow analysis and a conservative interest earnings amount. <br />SUMMARY OF EXPENDITURES <br />The expenditures of the City of La Porte can be grouped into five broad categories. The first being cost for personnel <br />and personnel related benefits, another being the cost of capital outlay, a third being the cost needed to service and <br />extinguish debt, the fourth being the cost of supplies, and the fifth being all other costs (utilities, insurance, <br />maintenance, etc.). After removing all intergovernmental revenues and expenses, the chart shown below depicts the <br />expenditure categories of the City of La Porte. <br />Expense Distribution <br /> for Fiscal Year 2003-04 <br />6% <br />22% <br />37% <br />5% <br />30% <br />PersonnelSuppliesOther ChargesCapital OutlayDebt Service <br />As with most Governmental Entities, the cost of providing manpower is the largest expense incurred. Regular salaries <br />and overtime account for $15.7 million of the budget. This amount, when coupled with associated benefits (Social <br />Security, Retirement, and Medical Insurance) account for approximately 36.6% of the City's resources. <br />1-4 <br /> <br />