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• <br /> CITY OF LA PORTE SCHEDULE D-3 <br />• UTILITY FUND <br /> STATEMENT OF CHANGES IN FINANCIAL POSITION <br /> SEPTEMBER 30, 1980 <br />- SOURCE OF FUNDS <br /> Net (Loss) for Year $ (210,860) <br /> Items not requiring current outlay of Funds: <br /> Depreciation $ 549,590 <br /> Reserve and other 101,274 650,864 <br />- Contributed Capital 1 542 761 <br />> > <br /> Capital Projects Transferred 963,111 <br /> $ 2,945,876 <br /> APPLICATION OF FUNDS <br /> Additions to Fixed Assets $2,785,667 <br /> Reduction Bonded Indebtedness 25,000 <br /> Increase in Restricted Assets 33,091 2,843,758 <br /> NET INCREASE IN WORKING CAPITAL ~ 102,118 <br /> The increase in working capital is accounted for as follows: <br />- INCREASE <br /> 9-30-79 9-30-80 (DECREASE) <br />• CURRENT ASSETS: <br /> Cash $ 355,319 $ 485,081 $ 129,762 <br />- Accounts Receivable 96,934 127,590 30,656 <br />- Inventory 17,367 23,533 6,166 <br /> Due from Other Funds 34,960 3,383 (31,577) <br /> TOTAL CURRENT ASSETS 504 580 $ 639,587 $ 135,007 <br />CURRENT LIABILITIES: <br />Accounts Payable & Other $ 17,423 $ 8,877 $ (8,546) <br />Due to Other Funds 24,730 39,267 14,537 <br />Customer's Water Deposit 26,438 53,336 26,898 <br />Revenue Bonds Payable 25,000 25,000 - <br />TOTAL CURRENT LIABILITIES $ 93,591 $ 126,480 ~ 32,889 <br />WORKING CAPITAL $ 410,989 X513,107 $ 102,118 <br /> <br />• <br />(The accompanying notes are an integral part of these statements.) <br />