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C. Fund Structure <br />The City used the following fund types and account groups in its financial <br />reporting for the fiscal year ended September 30, 2010: <br />Number of Number with <br />Individual Legally Adopted <br />Fund Tvpe/Account Group Funds Annual Budqets <br />General Fund 1 1 <br />Debt Service Funds 1 1 <br />Capital Project Funds 13 9 <br />Enterprise Funds 5 4 <br />Internal Service Funds 3 3 <br />Special Revenue Funds 5 5 <br />D. Budgetary Basis of Accounting <br />The City prepares its budget on a basis consistent with generally accepted <br />accounting principles with the exception of Capital Project Funds, which <br />adopt project length budgets. The city departs from GAAP in the treatment <br />of depreciation and encumbrances. Depreciation of fixed assets is not <br />recognized in proprietary fund budgets. All annual appropriations lapse at <br />fiscal year end. Under the City's budgetary process, outstanding <br />encumbrances at year end are reported as reservations of fund balances <br />since they do not constitute expenditures and liabilities, and the <br />commitments will be re-appropriated and honored the subsequent fiscal <br />year. <br />E. Federal and State Financial Assistance <br />The City of La Porte periodically receives funding from Federal and State <br />Financial Assistance programs. <br />F. Pension Plans <br />The City of La Porte's employees participate in the Texas Municipal <br />Retirement System. In addition, the City's volunteer firemen participate in <br />the State Firemen's Pension Plan. <br />1� <br />