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This is an Unaudited Statement.
<br />City of La Porte
<br />La Porte Develoment Cororation (038) Fund Summar
<br />ppy
<br />(Section 4B Sales Tax)
<br />Previous
<br />ReportFY 2014-15FY 2013-14
<br />Unaudited Beinnin Fund Balance 9/30
<br />$ 3,322,6353,322,635$ 2,768,155$
<br />gg
<br />Plus Year to Date Revenues:
<br />1/2 Cent Sales Tax- - -
<br />Interest Income- 363 346
<br />Total Revenues- 363 346
<br />quals Total Resources
<br /> 3,322,9983,322,635 2,768,501
<br />E
<br />Less Year to Date Expenditures:
<br />Payrol 7,060- 2,373
<br />l
<br />Supplies 1- -
<br />Services & Charges (Memberships, Training, Advertising, Legal, Utilities)- 6,903 1,007
<br />Capital Outlay -- 6,417
<br />*
<br />Debt Service Transfer- 90,318 79,045
<br />Total Expenditures- 104,282 88,842
<br />stimated Year to Date Fund Balance as o 9/30/2014
<br />$ 3,218,7163,322,635$ 2,679,659$
<br />Ef
<br />Commitments
<br />Project Nebula/Ineos
<br />$ 700,000
<br />ntergul
<br />45,000
<br />If
<br />RobJohnsonInterests40,000
<br />RobJohnsonInterests40,000
<br />ichard Industrial Group
<br />15,000
<br />R
<br />ACT Independent Turbo Service, Inc.
<br />426,000
<br />ebt Service Reserve
<br />1,083,817
<br />D
<br />$ 2,309,817
<br />Adusted Year to Date Fund Balance
<br />$ 908,899
<br />j
<br />roection Throuh Year En
<br />Pjgd
<br />Adjusted Year to Date Fund Balance
<br />$ 908,899
<br />Plus: Estimated Sales Tax
<br />2,208,630
<br />ess: Estimated Operational Costs
<br />(320,830)
<br />L
<br />ess: Debt Service Transfers
<br />(993,499)
<br />L
<br />ess: Capital Projects Transfers
<br />-
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<br />Projected Year End Fund Balance
<br />$ 1,803,200
<br />ales tax revenues or Fiscal Year 2015 are estimated to be $2,208,630. (2.5% rowth over FY2014)
<br />Sfg
<br />Previousl Funded Proects (Fundin in Fund 015 - General CIP Fund)
<br />yjg
<br />BudetExpendituresBalance
<br />g
<br />District 23 Street Paving175,000 - 175,000
<br />Façade Grants300,000 81,570 218,430
<br /> 81,570475,000 393,430
<br /> Tota
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<br />*Debt Service Payments for Library, Bay Area Boulevard & Canada Road and Ballfields.
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