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<br />CITY OF LA PORTE, TEXAS Exhibit A-1
<br />STATEMENT OF NET POSITION
<br />September 30, 2020
<br />Governmental Business-type
<br />ActivitiesActivitiesTotal
<br />Assets
<br />Cash and cash equivalents127,797,713$ 15,681,730$ 143,479,443$
<br />Investments1,744,750 256,815 2,001,565
<br />Receivables, net allowance for uncollectable3,597,254 1,151,279 4,748,533
<br />Due from other government4,337,857 - 4,337,857
<br />Inventories212,386 33,000 245,386
<br />Capital assets:
<br /> Capital assets not subject to depreciation14,261,284 5,417,627 19,678,911
<br /> Capital assets, net of accumulated depreciation61,824,310 27,164,708 88,989,018
<br />Total capital assets, net76,085,594 32,582,335 108,667,929
<br />Total Assets
<br /> 49,705,159213,775,554 263,480,713
<br />Deferred Outflows of Resources
<br />Deferred charge on refunding530,545 - 530,545
<br />Deferred outflows related to TMRS pensions3,435,198 372,700 3,807,898
<br />Deferred outflows related to TESRS pensions97,163 - 97,163
<br />Deferred outflows related to OPEB - Retiree Health Care Plan8,005,329 1,094,100 9,099,429
<br />Deferred outflows related to OPEB - Supplemental Death Benefits209,156 22,700 231,856
<br />Total Deferred Outflows
<br /> 1,489,50012,277,391 13,766,891
<br />Liabilities
<br /> Accounts payable4,518,678 1,937,090 6,455,768
<br /> Accrued liabilities1,578,483 80,805 1,659,288
<br /> Customer deposits- 645,897 645,897
<br />Long-term non-current liabilities:
<br />Due within one year3,734,473 8,158 3,742,631
<br />Due in more than one year37,774,867 154,994 37,929,861
<br />Net pension liability - TMRS11,140,510 1,208,499 12,349,009
<br />Net pension liability - TESRS261,913 - 261,913
<br />Net OPEB liability - Retiree Health Care Plan51,716,851 7,068,100 58,784,951
<br />Total OPEB liability - Supplemental Death Benefits 1,140,134 123,700 1,263,834
<br />Total Liabilities
<br /> 111,865,909 11,227,243 123,093,152
<br />Deferred Inflows of Resources
<br />Deferred inflows related to TMRS pensions 5,400,368 585,800 5,986,168
<br />Deferred inflows related to TESRS pensions 317 - 317
<br />Deferred inflows related to OPEB - Retiree Health Care Plan 582,445 79,600 662,045
<br />Deferred inflows related to OPEB - Supplemental Death Benefits90,998 9,900 100,898
<br />Total Deferred Outflows
<br /> 6,074,128 675,300 6,749,428
<br />Net Position
<br />Net Investment in capital assets 52,403,864 32,582,335 84,986,199
<br />Restricted for:
<br />Debt service 6,146,898 6,146,898-
<br />Economic development 11,302,586 11,302,586-
<br />Senior citizen programs 10,543 - 10,543
<br />Replacement of trees 525,347 - 525,347
<br />Municipal court building & technology 537,407 - 537,407
<br />Park improvements 652,330 - 652,330
<br />Public safety 2,565,354 2,565,354-
<br />Public works 2,685,024 2,685,024-
<br />Other 366,281 - 366,281
<br />Capital projects 14,693,054 14,693,054-
<br />Unrestricted 16,224,220 6,709,781 22,934,001
<br />Total Net Position
<br />$ 108,112,908$ 39,292,116$ 147,405,024
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<br />Draft 3-12-21
<br />See Notes to Financial Statements 19 Fiscal Year 2020 Annual Report
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