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CITY OF LA PORTE
<br />MANAGEMENT'S DISCUSSIONAND ANALYSIS (continued)
<br />GOVERNMENT -WIDE FINANCIAL ANALYSIS (continued)
<br />The following table provides a summary of the City's operations for the year ended September 30, 2018,
<br />with comparative data total for the year ended September 30, 2017. Governmental activities increased the
<br />City's net position by $4.2 million as a result of operations, and Business -type activities increased net
<br />position by $1.5 million as a result of operations.
<br />Statement of Activities
<br />The following table provides a summary of the City's changes in net position:
<br />CHANGES IN NET POSITION
<br />For the Fiscal Years Ended September 30, 2018 and 2017
<br />Governmental Activities
<br />Business -type
<br />Activities
<br />Total
<br />Revenues
<br />2018
<br />2017
<br />2018
<br />2017
<br />2018
<br />2017
<br />Program revenues:
<br />Charges for Services
<br />$ 8,569,995 $
<br />8,433,091 $
<br />10,109,405
<br />$ 9,594,729
<br />$ 18,679,400 $
<br />18,027,820
<br />Operating grants and
<br />contributions
<br />356,095
<br />1,243,409
<br />-
<br />-
<br />356,095
<br />1,243,409
<br />Capital grants and
<br />contributions
<br />595,260
<br />582,045
<br />126,359
<br />126,359
<br />721,619
<br />708,404
<br />General revenues:
<br />Property taxes
<br />25,413,898
<br />23,857,654
<br />-
<br />-
<br />25,413,898
<br />23,857,654
<br />Other taxes
<br />15,165,838
<br />13,111,468
<br />15,165,838
<br />13,111,468
<br />Industrial payments
<br />14,147,728
<br />14,270,899
<br />-
<br />14,147,728
<br />14,270,899
<br />Investmenteamings
<br />1,228,759
<br />563,868
<br />152,557
<br />110,828
<br />1,381,316
<br />674,696
<br />Miscellaneous
<br />251,508
<br />601,136
<br />-
<br />-
<br />251,508
<br />601,136
<br />Total Revenues
<br />65,729,081
<br />62,663,570
<br />10,388,321
<br />9,831,916
<br />76,117,402
<br />72,495,486
<br />Expenses
<br />General government
<br />15,832,003
<br />15,735,976
<br />15,832,003
<br />15,735,976
<br />Public safety
<br />21,673,188
<br />21,446,421
<br />21,673,188
<br />21,446,421
<br />Public works
<br />9,796,326
<br />4,930,721
<br />9,796,326
<br />4,930,721
<br />Culture and recreation
<br />6,513,794
<br />3,899,678
<br />6,513,794
<br />3,899,678
<br />Health, welfare and sanitation
<br />4,685,795
<br />6,177,554
<br />4,685,795
<br />6,177,554
<br />Interest on long-term debt
<br />1,059,007
<br />2,506,004
<br />-
<br />-
<br />1,059,007
<br />2,506,004
<br />Water services
<br />-
<br />-
<br />8,788,113
<br />6,269,356
<br />8,788,113
<br />6,269,356
<br />Sewer seervices
<br />1,926,133
<br />4,267,901
<br />1,926,133
<br />4,267,901
<br />Airport
<br />-
<br />-
<br />133,093
<br />210,324
<br />133,093
<br />210,324
<br />Total Expenses
<br />59,560,113
<br />54,696,354
<br />10,847,339
<br />10,747,581
<br />70,407,452
<br />65,443,935
<br />Increase in Net Position
<br />Before Transfers
<br />6,168,968
<br />7,967,216
<br />(459,018)
<br />(915,665)
<br />5,709,950 7,051,551
<br />Transfers
<br />(1,922,963)
<br />(2,397,175)
<br />1,922,963
<br />2,397,175
<br />Change in Net Position
<br />4,246,005
<br />5,570,041
<br />1,463,945
<br />1,481,510
<br />5,709,950 7,051,551
<br />Net position, Beginning
<br />95,482,215
<br />89,912,174
<br />41,963,704
<br />40,482,194
<br />137,445,919 130,394,368
<br />Change in accounting policies/standards
<br />(23,776,797)
<br />(3,216,665)
<br />(26,993,462)
<br />Net Position, Ending $ 75,951,423 $ 95,482,215 $ 40,210,984 $ 41,963,704 $ 116,162,407 $ 137,445,919
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