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LA PORTE REDEVELOPMENT AUTHORITY <br />RECONCILIATION OF THE GOVERNMENTAL FUNDS STATEMENT OF <br />REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES <br />TO THE STATEMENT OF ACTIVITIES <br />FOR THE YEAR ENDED SEPTEMBER 30, 2019 <br />G d, <br />Net Change in Fund Balance -- Governmental Fund $ '�'5;352 <br />Amounts reported for governmental activities in the Statement of Activities are r <br />different because: <br />Governmental funds report additional Developer principal due as increases.,, kb�&ver,', <br />in the Statement of Net Position, additional principal is reported as j n increl ein <br />liabilities, and the Statement of Activities is not affected. 3,009,168 <br />In the Statement of Activities, the cost of interest expense is adjusted -to the amount of <br />the current period accrued expense. C W962 , <br />Change in Net Position — Governmental Activities 3653482_ <br />The accompanying notes to the financial <br />statements are an integral part of this report. <br />- 11 - <br />