|
CITY OF LA PORTE, TEXAS
<br /> Statement of Revenues, Expenditures and Changes in Fund Balances
<br /> Governmental Funds
<br /> For The Year Ended September 30, 2010
<br /> 2010 Certificate
<br /> of Obligation Capital
<br /> General Bonds Projects
<br /> REVENUES
<br /> Property taxes $ 13,566,424 $ - $ -
<br /> Franchise taxes 2,170,699 - -
<br /> Sales taxes 3,142,521 - -
<br /> Industrial payments 10,464,176 - -
<br /> Other taxes 77,450 - -
<br /> Licenses and permits 476,478 - -
<br /> Fines and forfeits 1,531,699 - -
<br /> Charges for services 4,307,154 - 1,405,077
<br /> Intergovernmental 863 - -
<br /> Interest 137,143 3,546 43,078
<br /> Miscellaneous 59,920 - 60,625
<br /> Total revenues 35,934,527 3,546 1,508,780
<br /> EXPENDITURES
<br /> Current:
<br /> General government 7,468,340 - 232,978
<br /> Public safety 14,206,302 - -
<br /> Public works 2,688,597 - 76,703
<br /> Health and sanitation 2,164,286 - -
<br /> Culture and recreation 3,827,212 - 1,221,236
<br /> Debt service:
<br /> Principal retirements - - -
<br /> Interest and fiscal charges - 136,533 -
<br /> Capital outlay 412,749 324,936 6,248,284
<br /> Total expenditures 30,767,486 461,469 7,779,201
<br /> Excess (deficiency) of revenues over
<br /> expenditures 5,167,041 (457,923) (6,270,421)
<br /> OTHER FINANCING SOURCES (USES)
<br /> Issuance of debt - 6,265,000 -
<br /> Premium on bonds - 123,670 -
<br /> Payment to escrow agent - - -
<br /> Transfers in 730,271 - 6,769,997
<br /> Transfers out (7,391,876) (141,354) -
<br /> Proceeds from sale of assets 5,024 - -
<br /> Total other financing sources (uses) (6,656,581) 6,247,316 6,769,997
<br /> Net change in fund balances (1,489,540) 5,789,393 499,576
<br /> Fund balances— beginning 13,594,029 - 8,681,143
<br /> Fund balances— ending $ 12,104,489 $ 5,789,393 $ 9,180,719
<br /> See accompanying notes to basic financial statements.
<br /> 34
<br />
|