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LA PORTE REDEVELOPMENT AUTHORITY <br />RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET <br />TO STATEMENT OF NET POSITION <br />SEPTEMBER 30, 2014 <br />Total Fund Balance — Governmental Fund $ 466 �210 <br />Y 4;a <br />Amounts reported for governmental activities in the Statement of Net Position are <br />different because: <br />Long-term liabilities for notes payable are not due and payable in the current peiiod, w„ <br />and, therefore, are not reported as assets in the governmental funds. ?,`r = ' (I,084,241) <br />The long-term obligation to the Developer is not recorded in the Nnd�� na&ial <br />statement but is a liability to the Developer in the government -wide i ity. (7,715,193) <br />F5 <br />Accrued interest on notes payable is not payable with current financial resources and <br />therefore is not reported in the governmental funds. _ �N6:. (100.1$2) <br />Total Net Position — Governmental Activities 8.238.406 <br />' .. 1 11ff <br />J. <br />The accompanying notes to the financial <br />statements are an integral p-r'L of this report. <br />I&M <br />