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CITY OF LA PORTE, TEXAS
<br />MANAGEMENTÓS DISCUSSION AND ANALYSIS (continued)
<br />
<br />
<br />Statement of Activities
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<br />The following table provides a summary of the CityÓs changes in net position:
<br />
<br />CHANGES IN NET POSITION
<br />For the Fiscal Years Ended September 30, 2020 and 2019
<br />
<br />Governmental ActivitiesBusiness-type ActivitiesTotal
<br />202020192020201920202019
<br /> Revenues
<br /> Program revenues:
<br /> Charges for Services9,137,342$ 10,488,224$ 10,027,657$ 9,558,239$ 19,164,999$ 20,046,463$
<br /> Operating grants and
<br /> contributions2,149,364 1,303,376- - 2,149,364 1,303,376
<br /> Capital grants and
<br /> contributions109,372 596,878 - 262,977 109,372 859,855
<br />General revenues:
<br /> Property taxes 29,727,74726,484,216 - 29,727,747- 26,484,216
<br /> Other taxes16,879,83616,979,871 - 16,879,836- 16,979,871
<br /> Industrial payments16,439,51014,899,624 - 16,439,510- 14,899,624
<br /> Investment earnings1,158,8552,414,593 147,897 360,285 1,306,752 2,774,878
<br /> Miscellaneous 487,092251,400 (20,884) (12,350) 466,208 239,050
<br /> Total Revenues
<br /> 76,089,11873,418,18210,154,670 10,169,151 86,243,788 83,587,333
<br /> Expenses
<br />General government 16,563,55715,519,147 - 16,563,557- 15,519,147
<br />Public safety 22,524,84321,356,779 - 22,524,843- 21,356,779
<br />Public works 7,341,6087,818,696 - 7,341,608- 7,818,696
<br />Culture and recreation 5,884,7936,932,569 - 5,884,793- 6,932,569
<br />Health, welfare and sanitation 4,861,6804,016,465 - 4,861,680- 4,016,465
<br />Interest on long-term debt 3,219,632900,287 - 3,219,632- 900,287
<br />Utility services - 8,675,713- 7,985,233 8,675,713 7,985,233
<br />LPAWA - 2,847,640- 1,769,830 2,847,640 1,769,830
<br />Airport - - 213,024 157,008 213,024 157,008
<br /> Total Expenses
<br /> 60,396,11356,543,94311,736,377 9,912,071 72,132,490 66,456,014
<br /> Increase in Net Position
<br /> Before Transfers
<br />15,693,00516,874,239(1,581,707) 257,080 14,111,298 17,131,319
<br /> Transfers (766,623)360,864 766,623 (360,864) - -
<br />Change in Net Position
<br /> 14,926,38217,235,103(815,084) (103,784)14,111,29817,131,319
<br /> Net position, Beginning 93,186,52675,951,42340,107,200 40,210,984133,293,726 116,162,407
<br /> Net Position, Ending
<br />$ 108,112,908$ 93,186,526$ 39,292,116$ 40,107,200$ 147,405,024$ 133,293,726
<br />
<br />
<br />The governmentÓs total net position as a result of operations increased by $14.1 million during the current fiscal
<br />year. Charges for services represented 22% of total revenues, property taxes and industrial payments were 54% of
<br />total revenues, sales taxes and other taxes were 20%, the remaining revenues accounted for 5% of total revenues.
<br />On the expense side, public works expenses were 10% of the total, while public safety was 31% and general
<br />government was 23%. Utility, LPAWA, and airport expenses were 16% of total expenses. Interest on long term
<br />debt was 4% of total expenses.
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<br />Draft 3-12-21
<br /> 11 Fiscal Year 2020 Annual Report
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