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01-03-05 Special Called City Council and La Porte Development Corporation Joint Meeting Minutes
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01-03-05 Special Called City Council and La Porte Development Corporation Joint Meeting Minutes
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4/24/2017 3:22:26 PM
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City Meetings
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La Porte Development Board Corporation/Type B
Meeting Doc Type
Minutes
Date
1/3/2005
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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 9/30/03 <br /> <br />2,499,2] 8 <br /> <br />Plus Estimated 03-04 Revenues <br /> <br />936,403 <br /> <br />Less 03-04 Expenditures and Commitments <br /> <br />1,259,498 <br /> <br />Equals Estimated Working Capital 9/30/04 <br /> <br />2,] 76, 123 <br /> <br />Plus 04-05 Revenues: <br /> <br />1/2 Cent Sales Tax <br />Interest Income <br /> <br />965,000 <br />4],070 <br /> <br />Total Revenues <br /> <br />1,006,070 <br /> <br />Equals Total Resources <br /> <br />3,182,]93 <br /> <br />Less 04-05 Expenditures: <br />Debt Service Transfer <br />Contingency <br /> <br />280,050 <br /> <br />Total Expenditures <br /> <br />280,050 <br /> <br />Equals Estimated Working Capital 9/30/05 <br /> <br />2,902, ] 43 <br /> <br />Revenues <br />Expenditures & Commitments <br />Estimated Fund Balance Usage <br /> <br />Estimated <br />2003-04 <br />936,403 <br />] ,259,498 <br />(323,095) <br /> <br />Projected <br />2004-05 <br />] ,006,070 <br />280,050 <br />726,020 <br />
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