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CITY OF LA PORTE <br />RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET TO THE <br /> STATEMENT OF NET POSITION <br />eptember 30, 2014 <br />S <br />Total fund balance, governmental funds <br />$ 47,113,477 <br />Amounts reported for governmental activities in the Statement of Net Position are different because: <br />Capital assets used in governmental activities are not current financial resources and therefore are not <br />reported in this fund financial statement, but are reported in the governmental activities of the Statement <br />of Net Position. <br />70,521,317 <br />Certain other long-term assets (property taxes receivable and adjudicated court fines receivable) are not <br />available to pay current period expenditures and therefore are not reported in this fund financial <br />statement, but are reported in the governmental activities of the Statement of Net Position. <br />2,693,418 <br />Some liabilities and deferred outflows, are not due and payable in the current period and are not included <br />in the fund financial statement, but are included in the governmental activities of the Statement of Net <br />Position. <br />Bonds payable <br />(23,110,000) <br />Certificates of Obligation Payable <br />(10,845,000) <br />Premium or discount on bonds payable <br />(1,155,953) <br />Deferred charge on refunding <br />1,212,342 <br />Accrued interest governmental activity debt <br />(47,173) <br />Compensated absences <br />(3,098,590) <br />Net pension and OPEB Obligation <br />(11,398,696) <br />The assets and liabilities of certain internal service funds are not included in the fund financial statement, <br />but are included in the governmental activities of the Statement of Net Position. <br />12,343,996 <br />Net Position of Governmental Activities in the Statement of Net Position <br />$ 84,229,138 <br />See Notes to Financial Statements. <br /> <br />Draft 3/5/2015 <br />19 <br /> <br />