|
•
<br />i
<br />CITY OF LA PORTE, TEXAS
<br />Golf Course Fund
<br />Statement of Revenues, Expenditures and Changes in Fund Balances
<br />For the four months ended January 31, 2004 with Comparative Data for the Prior Year
<br />33% of year lapsed
<br />(Unaudited)
<br /> Current Year
<br /> Actual Percent of
<br /> Budget Year to Date Variance Budget
<br />Operating Revenues:
<br />User fees $ 1,183,342 $ 372,331 $ (811,011) 31.46%
<br />Operating expenses:
<br />Personal services 809,386 237,179 572,207 29.30%
<br />Supplies 140,200 39,220 100,980 27.97%
<br />Other services and charges 295,226 55,812 239,414 18.90°
<br />Total operating expenses 1,244,812 332,211 912,601 26.69%
<br />Operating income (61,470) 40,120 101,590
<br />Nonoperating revenues (expenses):
<br />Interest income 2,290 - (2,290) 0.00%
<br />Income before contributions and transfers (59,180) 40,120 99,300
<br />Transfers in 35,000 11,667 (23,333) 33.33%
<br />Transfers out (36,644) (12,215) 24,429 33.33%
<br />Change in net assets (60,824) 39,572 100,396
<br />Net assets -beginning of the year 3,397,760 3,397,760 -
<br />Net assets -end of the year $ 3,336,936 $ 3,437,332 $ 100,396
<br />Prior Year
<br />Actual Percent of
<br />Year to Date Budget
<br />$ 344,669 31.03%
<br />246,941 30.32%
<br />32,194 24.98%
<br />52,854 20.90%
<br />331,989 27.76%
<br />12,680
<br />- 0.00°k
<br />12,680
<br />11,667 33.33%
<br />- 0.00%
<br />24,347
<br />3,696,516
<br />$ 3,720,863
<br />Page 7
<br />
|