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<br />LA PORTE REDEVELOPMENT AUTHORITY <br /> <br />NOTES TO REQUIRED SUPPLEMENTARY INFORMATION <br /> <br />SEPTEMBER 30,2009 <br /> <br />BUDGETARY INFORMATION <br /> <br />An annual budget is adopted on a basis consistent with generally accepted accounting principles. <br />The legal level of control is a fund. <br /> <br />Expenditures exceeded appropriations by $1,199,213. This overrun was covered with existing fund <br />balance and unexpected revenues. <br /> <br />12 <br />