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LA PORTE AREA WATER AUTHORITY <br /> SEPTEMBER 30, 2010 <br /> TABLE OF CONTENTS <br /> Page <br /> Number <br /> FINANCIAL SECTION <br /> Independent Auditors' Report 1— 2 <br /> Management's Discussion and Analysis 3 — 6 <br /> Basic Financial Statements: <br /> Statement of Net Assets 7 <br /> Statement of Revenues, Expenses and Changes in <br /> Fund Net Assets 8 <br /> Statement of Cash Flows 9 <br /> Notes to Financial Statements 10 —16 <br /> SUPPLEMENTARY INFORMATION <br /> Supplemental Schedules Included With this Report 17 <br /> Schedule of Service and Rates 18 —19 <br /> Schedule of Enterprise Fund Expenses 20 <br /> Schedule of Temporary Investments 21 <br /> Schedule of Changes in Capital Assets 22 <br /> Analysis of Changes in Long -term Debt 23 <br /> Long -term Debt Service Requirements by Years 24 <br /> (continued) <br /> i <br />