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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, 2015 <br />Total Fund Balance — Governmental Fund $ 64uQ,282 <br />Amounts reported for governmental activities in the Statement of Net Position are A. <br />different because: <br />Long-term liabilities for notes payable are not due and payable in the current period, <br />and, therefore, are not reported as assets in the governmental funds. X (5338,7335) <br />The long-term obligation to the Developer is not recorded in the fi hd" financial <br />statement but is a liability to the Developer in the government -wide entity. (6,786,852) <br />Accrued interest on notes payable is not payable with current financial resources and <br />therefore is not reported in the governmental funds. F, (4,015) <br />Total Net Position — Governmental Activities <br />The accompanying notes to the financial <br />statements are an integral part of this report. <br />-9- <br />