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<br />CITY OF LA PORTE, TEXAS
<br />BALANCE SHEET
<br />GOVERNMENTAL FUNDS
<br />September 30, 2020
<br />La Porte
<br />Redevelopment Capital
<br />GeneralDebt ServiceAuthorityImprovements
<br />Assets
<br />Current Assets:
<br />Cash and cash equivalents64,132,684$ 4,936,844$ 5,180,701$ 13,805,163$
<br />Investments1,081,625 2,211 - 233,849
<br /> Receivables, net of allowance for uncollectible
<br /> 4,561,288 118,827 - 6
<br />Inventories 158,899 - - -
<br /> Total Assets$ 69,934,496$ 5,057,882$ 5,180,701$ 14,039,018
<br />Liabilities:
<br />Accounts payable$ 2,092,236$ -$ 903,983$ 522,991
<br />Accrued salaries 849,358 - - -
<br />Other payables 63,885 - - -
<br /> Total Liabilities 3,005,479 - 903,983 522,991
<br />Deferred Inflows of Resources
<br /> Unavailable revenue - property taxes 255,627 44,365 - -
<br /> Unavailable revenue - fines and fees 468,562 - - -
<br /> Unavailable revenue - EMS 642,111 - - -
<br />Unavailable revenue - other 1,038,790 -- -
<br />Total Deferred Inflows of Resources
<br /> 2,405,090 44,365 - -
<br />Fund Balances:
<br />Nonspendable:
<br />Inventory 158,899 - - -
<br />Restricted for:
<br />Debt service 5,013,517- - -
<br />Economic development - 4,276,718- -
<br />Senior citizen programs - - - -
<br />Replacement of trees - - - -
<br /> Municipal court building and technology
<br /> - - - -
<br />Park improvements - - - -
<br />Public safety - - - -
<br />Capital projects - - 13,516,027-
<br />Public works - - - -
<br />Other - - - -
<br />Assigned: 365,294 - - -
<br />Unassigned: 63,999,734 -
<br />Total Fund Balances 64,523,927 5,013,517 4,276,718 13,516,027
<br />Total Liabilities, Deferred Inflow of
<br /> Resources and Fund Balances
<br />$ 69,934,496$ 5,057,882$ 5,180,701$ 14,039,018
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<br />Draft 3-12-21
<br />See Notes to Financial Statements 22 Fiscal Year 2020 Annual Report
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