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LA PORTE REDEVELOPMENT AUTHORITY <br />MANAGEMENT'S DISCUSSION AND ANALYSIS <br />FOR THE YEAR ENDED SEPTEMBER 30, 2014 <br />NOTES TO THE FINANCIAL STATEMENTS <br />The accompanying notes to the financial statements provide information essential to a full <br />understanding of the government -wide and fund financial statements. The notes to the financial <br />statements can be found on pages 12 through 21 in this report. <br />GOVERNMENT -'WIDE FINANCIAL ANALYSIS <br />�-�, �r <br />Net position may serve over time as useful indicator of the Authority's financlalmp&' iltion I'n the <br />case of the Authority, liabilities exceeded assets by $8,238,406 as of Septem...... k201"4. <br />The followin table rovides a summ g p ary of the Authority's net position ,aso September 30, <br />2014, and September 30, 2013: <br />2014 <br />of Changes in the <br />Q 13 <br />�"".,. , 927,058 <br />ofiNet Position <br />' Change <br />Positive <br />(Negative} <br />$ (262,848) <br />$ (3,000) <br />1,193,590 <br />109,349 <br />8,230,071 <br />514,878 <br />10,000 <br />10,000 <br />194,910 <br />94,728 <br />9,628,571 $ 725,955 <br />(9,701,513) $ 463,107 <br />(8,701,513) $ 463,107 <br />