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01-20-16 LPRDA/TIRZ
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01-20-16 LPRDA/TIRZ
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La Porte TX
Document Type
Agenda PACKETS
Date
1/20/2016
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LA PORTE REDEVELOPMENT AUTHORITY <br />STATEMENT OF NET POSITION AND <br />GOVERNMENTAL FUNDS BALANCE SHEET <br />SEPTEMBER 30, 2015 <br />Statement of <br />General Fund <br />Adjustments <br />Net Position <br />ASSETS <br />Cash <br />$ <br />543,282 <br />$ <br />a-� <br />543,282 <br />TOTAL ASSETS <br />$ <br />543,282 <br />$ <br />- <br />$ 4;, ' <br />543,282 <br />LIABILITIES' <br />Accounts Payable <br />$ <br />3,000 <br />$ <br />3,000 <br />Accrued Interest Payable - City <br />f ` 4,015 <br />4,015 <br />of LaPorte, Note 8 <br />Due to Developer, Note 4a <br />K �6 786' 852 <br />e > <br />6,786,852 <br />Liabilities: <br />, <br />Long -Term <br />Note Due After One Year, Notes 8 and 9 <br />538,735 <br />539,735 <br />TOTAL LIABILITIES <br />$ <br />3,000,{�'N$y~� <br />7,329,602 <br />$ <br />7,332,602 <br />FUND BALANCE <br />Assigned to 2016 Budget Deficit, Note 2 <br />$ <br />15,625 A <br />$ <br />(15,625) <br />$ <br />- <br />Unassigned <br />524,657 <br />(524,657) <br />TOTAL FUND BALANCE <br />$ i <br />540;282 <br />$ <br />(540,282) <br />$ <br />- <br />_V <br />TOTAL LIABILITIES AND �• <br />FUND BALANCE '543,282 <br />NET POSITION <br />Unrestricted ;"'}� <br />$ <br />(6,789,320) <br />$ <br />(6,789,320) <br />TOTAL NET POSITION'` `` `_;, <br />$ <br />(6,789,320) <br />$ <br />(6,789,320) <br />The accompanying notes to the financial <br />statements are an integral part of this report. <br />-8- <br />
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