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Current Liabilities <br />Long -Term Liabilities <br />Due to Developer <br />Accrued Interest <br />Total Liabilities <br />Net Position: <br />' <br />Unrestricted <br />' LA PORTE REDEV <br />ELOPMENT AUTHORITY <br />MANAGEMENT'S DISCUSSION AND ANALYSIS <br />FOR THE YEAR ENDED SEPTEMBER 30, 2015 <br />NOTES TO THE FINANCIAL STATEMENTS <br />The accompanying notes to the financial statements provide information essential to a full <br />understanding of the government -wide and fund financial statements. <br />GOVERNMENT -WIDE FINANCIAL ANALYSIS <br />Net position may serve over time as useful indicator of the Authority's financial posifio.I�n�the <br />' case of the Authority, liabilities exceeded assets by $6,789,320 as of September 302015. <br />The following table provides a summary of the Authority's net position_ as of�September 30, <br />' 2015, and September 30, 2014:� , r <br />of Changes in <br />2015 " 2014 <br />Current and Other Assets $ 543,282 ` $`` 664,210 <br />$ 3,000 $ 3,000 <br />538,735, 1,084,241 <br />6,786,852 7,715,193 <br />.<:4,015 100,182 <br />$ 7,332,602 $ 8,902,616 <br />` $ (6,789,320) $ (8,238,406) <br />Total Net Position- $ (6,789,320) $ (8,238,406) <br />p, <br />t �T•� <br />3 kTT' <br />-5- <br />:of Net Position <br />Change <br />Positive <br />(Negative) <br />$ (120,928) <br />545,506 <br />928,341 <br />96,167 <br />$ 1,570,014 <br />$ 1,449,086 <br />$ 1,449,086 <br />