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MEMBER OF <br />AMERICAN INSTITUTE OF GERTI FIED <br />PUBLIC ACCOUNTANTS <br />EUGENE HOVEY <br />CERTIFIED PUBLIC ACCOUNTANT <br />802 WEST MAIN <br />LA PORTE. TEXAS 7757! <br />PHONE 471-2700 <br />March 20, 1978 <br /> <br />Honorable J. J. Meza, Mayor <br />and Members of the City Council <br />City of La Porte <br />La Porte, Texas 77571 <br />Gentlemen: <br />In a limited review of cash and budgetary requirements at <br />February 28, 1978, I find sufficient funds available to pay the <br />remaining construction cost of approximately $400,000 on the new <br />City Hall Building from General Fund and Revenue Sharing Fund <br />current year revenues and accumulated fund balances from September 30, <br />1977. These funds are specifically available from the General Fund <br />operating cash account and the Revenue Sharing Fund cash account and <br />from General Fund cash in savings available for construction require- <br />ments. <br />In reviewing budgetary planning, the overall budget is within <br />appropriate limits at February 28, 1978, and should remain within <br />appropriate limits with review during the remainder of the year. <br />If I can grovide additional information, please let me know. <br />Sincerely yours, <br />EH:aw <br />~~ ~. <br />Eugene ov~ <br />Certified Public Accountant ~'~ <br />• <br />