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CITY OF LA PORTE, TEXAS
<br />MANAGEMENT’S DISCUSSION AND ANALYSIS (continued)
<br />Unrestricted Net Position
<br />The remaining balance is unrestricted net position, $22 million or 17%, and may be used to meet the City's
<br />ongoing obligations to residents and creditors. Both of these categories remained relatively stable compared
<br />to the prior year.
<br />The following table provides a summary of the City’s operations for the year ended September 30, 2014,
<br />with comparative totals for the year ended September 30, 2013. Governmental activities increased the
<br />City’s net position by $3.5 million. Business-type activities decreased net position by $272 thousand.
<br />Condensed Schedule of Changes in Net Position
<br />For the Years Ended September 30, 2014 and 2013
<br />Amounts in (000's)
<br />Governmental ActivitiesBusiness-type ActivitiesTotals
<br />201420132014201320142013
<br />Revenues
<br />Program revenues:
<br />Charges for services8,036$ 9,170$16,922$17,045
<br />$ $ 7,874$ 8,885
<br />Operating grants and contributions
<br /> 2,015849
<br />849 - 2,015
<br />Capital grants and contributions
<br /> --1,398
<br /> 1,1261,398 1,126
<br />General revenue:
<br />Property taxes 19,92517,782--17,782
<br /> 19,925
<br />Other taxes 12,35710,902--10,902
<br /> 12,357
<br />Industrial payments 11,55511,108--11,108
<br /> 11,555
<br />Investment earnings 106858115
<br /> 9 93
<br />Miscellaneous 459468
<br />432 10136 560
<br />Total Revenues
<br /> 54,45359,645
<br /> 49,032 10,120 10,612 64,573
<br />Expenses
<br />General Government
<br /> 14,11513,854--13,854
<br /> 14,115
<br />Public Safety
<br /> 20,43617,765--17,765
<br /> 20,436
<br />Public Works
<br /> 6,2604,451- -4,451
<br /> 6,260
<br />Culture and Recreation
<br /> 5,8555,722- -5,722
<br /> 5,855
<br />Health, Welfare and Sanitation
<br /> 2,5192,328- -2,328
<br /> 2,519
<br />Interest on Long-term debt
<br /> 1,4041,384- -1,384
<br /> 1,404
<br />Water Services --8,206
<br /> 7,7318,206 7,731
<br />Sewer services --2,599
<br /> 2,8022,599 2,802
<br />Airport --210
<br /> 230210 230
<br />Total Expenses
<br /> 50,58956,520
<br /> 45,505 10,762 11,015 61,351
<br />Increase (decrease) in net position
<br /> before transfers
<br /> 3,8643,526 (403)3,123
<br /> ( 643) 3,221
<br />Transfers
<br /> (371)720371(720)-
<br /> -
<br />Increase (decrease) in net position
<br /> 3,4934,246(272)3,123
<br /> ( 1,123) 3,221
<br />Net position - beginning
<br /> 80,736118,357
<br />76,490 40,74441,867 121,480
<br />Net position - ending
<br />$ 84,229
<br />Draft $ 84,229 3/5/2015
<br />84,229
<br />$$$ 888000,,,777333666$$$ 444000,,,444777333$$$ 444000,,,777444444$ 124,701$ 121,480
<br />Draft 3/5/20153/5/20153/5/20153/5/20153/5/2015
<br />Draft 3/5/20153/5/20153/5/20153/5/20153/5/2015
<br />At the end of the current fiscal year, the City is able to report positive balances in all three categories of
<br />At the end of the current fiscal year, the City is able to report positive balances in all three categories of At the end of the current fiscal year, the City is able to report positive
<br /> balances in all three categories of At the end of the current fiscal year, the City is able to report positive balances in all three categories of At the end of the current fiscal year,
<br /> the City is able to report positive balances in all three categories of
<br />net position, both for the government as a whole, as well as for its separate governmental and business-
<br />type activities.
<br />Governmental Activities.
<br /> A comparison of program expenses to program revenues and revenues by
<br />source for governmental activities follows:
<br />6
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