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CITY OF LA PORTE, TEXAS <br />MANAGEMENT’S DISCUSSION AND ANALYSIS (continued) <br />Business-type Activities. <br />Revenues without transfers in the business-type activities totaled $10.6 million, <br />a $0.10 million decrease from the prior year. This decrease is mainly due to a decrease in capital grants <br />and contributions. A comparison between expenses and program revenues (charges for services) relating <br />to Utility operations follows. <br />Expenses and Program Revenues -Business-type Activities <br /> $7,000 <br /> $6,000 <br />Expenses <br /> $5,000 <br />Program Revenues <br /> $4,000 <br /> $3,000 <br /> $2,000 <br /> $1,000 <br /> $- <br />Water ServicesSewer services <br />Financial Analysis of the Government’s Funds <br />The City uses fund accounting to ensure and demonstrate compliance with finance-related legal <br />requirements. As of the close of the current fiscal year, the City's governmental funds reported combined <br /> $45.4 an increase $2.3 <br />ending fund balances ofmillion,offrom the prior year. This increase is due to <br />an increase in sales and use taxes and intergovernmental revenues. <br />Governmental Funds. <br /> The focus of the City’s governmental funds is to provide information on near- <br />term inflows, outflows and balances of spendable resources. Such information is useful in assessing the <br />City’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a <br />government’s net resources available for spending at the end of the fiscal year. <br />The General fund is the chief operating fund of the City. At the end of the current fiscal year, unassigned <br />fund balance of the general fund was $23.9 million, an increase of $3.6 million compared to last year. As <br />a measure of the general fund’s liquidity, it may be useful to compare both unassigned fund balance and <br />total fund balance to total fund expenditures. Unassigned fund balance represents 69% of total general <br />fund expenditures and total fund balance represents 79% of the same. <br />The Debt Service fund had a total fund balance of approximately $2.5 million, all of which is reserved for <br />the payment of debt service. The net decrease in fund balance from the prior year of $600,037 was due to <br />more debt service payments made than revenues collected. <br />The Capital Projects Fund experienced a decrease in fund balance in the amount of $967,790 . This was a <br />planned decrease as the City utilized bond funds to construct and acquire various capital assets. <br />8 <br /> <br />