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<br />City of La Porte <br />La Porte Development Corporation (038) Fund Summary <br />(Section 4B Sales Tax) <br /> <br />Working Capital 9/30/01 <br /> <br />1,656,913 <br /> <br />Plus Estimated 01-02 Revenues <br /> <br />1,025,959 <br /> <br />Less 01-02 Expenditures and Commitments <br /> <br />311,050 <br /> <br />Equals Estimated Working Capital 9/30/02 <br /> <br />2,371,822 <br /> <br />Plus 02-03 Revenues: <br /> <br />1/2 Cent Sales Tax <br />Administrative Transfer from 2000 Certificates of Obligation Fund* <br />Interest Income <br /> <br />900,000 <br />295,650 <br />49,810 <br /> <br />Total Revenues <br /> <br />1,245,460 <br /> <br />Equals Total Resources <br /> <br />3,617,282 <br /> <br />Less 02-03 Expenditures: <br />Operations <br />Debt Service Transfer <br />Debt Service Transfer for Potential Bond Issue <br />Transfer to General CIP Fund (Canada Road) <br />Transfer to Utility CIP Fund (Bay Area/Canada Road) <br />Bay Area Boulevard <br />Contingency <br /> <br />5,000 <br />301,050 <br />145,833 <br />193,000 <br />249,450 <br />1,515,000 <br />200,000 <br /> <br />Total Expenditures <br /> <br />2,609,333 <br /> <br />Equals Estimated Working Capital 9/30/03 <br /> <br />1,007,949 <br /> <br />*Pending Board Approval <br />