|
CITY OF LA PORTE, TEXAS
<br /> 2010 Certificate of Obligation Bonds Fund
<br /> Schedule of Revenues, Expenditures and Changes in Fund Balances
<br /> Budget and Actual
<br /> For The Year Ended September 30, 2010
<br /> Variance with
<br /> Final Budget
<br /> Budgeted Amounts Actual Positive
<br /> Original Final Amounts (Negative)
<br /> REVENUES
<br /> Interest $ 10,000 $ 10,000 $ 3,546 $ (6,454)
<br /> Total revenues 10,000 10,000 3,546 (6,454)
<br /> EXPENDITURES
<br /> Capital outlay 9,600,000 6,123,646 324,936 5,798,710
<br /> Debt service:
<br /> Interest and fiscal charges - - 136,533 (136,533)
<br /> Total expenditures 9,600,000 6,123,646 461,469 5,662,177
<br /> Excess (deficiency) of revenues over
<br /> expenditures (9,590,000) (6,113,646) (457,923) 5,655,723
<br /> OTHER FINANCING SOURCES (USES)
<br /> Issuance of debt 8,725,000 8,725,000 6,265,000 (2,460,000)
<br /> Premium on bonds - - 123,670 123,670
<br /> Transfers out - (141,354) (141,354) -
<br /> Total other financing sources (uses) 8,725,000 8,583,646 6,247,316 (2,336,330)
<br /> Net change in fund balances (865,000) 2,470,000 5,789,393 3,319,393
<br /> Fund balances— beginning - - - -
<br /> Fund balances— ending $ (865,000) $ 2,470,000 $ 5,789,393 $ 3,319,393
<br /> 94
<br />
|