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FY2009- 2010_Budget Document
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FY2009- 2010_Budget Document
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5/22/2013 12:21:15 PM
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La Porte TX
Document Type
Budget & Budget Documentation
Date
10/1/2009
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RDTCS <br />ESOURCESERIVED HROUGHHARGES 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 <br />total projection for Charges for Services revenues in Fiscal year 2009-10 is $18.5 million. Listed below are major <br />sources of revenues received from services rendered. <br />Service Rendered Projected 09-10 Resources <br />Water Production & Distribution $ 4,089,369 <br />Wastewater Collection & Treatment 3,475,963 <br />Residential Solid Waste Collection 1,948,200 <br />Golf Course Fees 1,118,150 <br />Other Resources <br />Another critical resource for the City of La Porte is the earning of interest on investments. The City expects to <br />earn $482,300 on its idle funds during fiscal year 2009-10, which represents a 39% reduction from the current <br />year estimate. The projection of this resource is based on a cash flow analysis and a conservative interest earnings <br />yield based on current economic conditions. The planned draw down of fund balances for capital improvements <br />is also projected to impact the interest earnings. <br /> <br />
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