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<br />CITY OF LA PORTE, TEXAS Exhibit A-4 <br />RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET <br />TO THE STATEMENT OF NET POSITION <br />September 30, 2020 <br />Total fund balance, governmental funds <br />$ 117,932,137 <br />Amounts reported for governmental activities in the statement of net position are different <br />because: <br /> Capital assets used in governmental activities are not financial resources and, therefore, <br /> are not reported in the funds.68,411,933 <br />Certain other long-term assets (property taxes, court fines, EMS and other receivables) are <br />not available to pay current period expenditures and therefore are not reported in this fund <br />financial statement, but are reported in the governmental activities of the statement of net <br />position. 2,449,455 <br />Some liabilities and deferred outflows and inflows are not due and payable in the current <br />period and are not included in the fund financial statement, but are included in the <br />governmental activities of the statement of net position. <br />Bonds payable(16,650,000) <br />Certificates of obligation(15,185,000) <br />Premium on bonds(1,190,472) <br />Deferred charge on refunding530,545 <br />Due to developer(4,994,407) <br />Compensated absences(3,443,849) <br />Deferred inflows/outflows related to pensions(1,868,324) <br />Deferred inflows/outflows related to OPEB7,541,042 <br />Net pension liability(11,402,423) <br />Total OPEB liability(52,856,985) <br />The assets and liabilities of certain internal service funds are not included in the fund financial <br />statements but are included in the governmental activities of the Statement of Net Position.18,839,256 <br />Net Position of Governmental Activities <br />$ 108,112,908 <br /> <br /> <br /> <br />Draft 3-12-21 <br />See Notes to Financial Statements 25 Fiscal Year 2020 Annual Report <br /> <br />