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02-14-11 Regular Meeting of Fiscal Affairs Committee
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02-14-11 Regular Meeting of Fiscal Affairs Committee
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City Meetings
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Fiscal Affairs Committee
Meeting Doc Type
Minutes
Date
2/14/2011
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CITY OF LA PORTE, TEXAS <br /> Notes to the Financial Statements <br /> September 30, 2010 <br /> 4. Capital Assets — Continued <br /> Depreciation expense was charged to functions /programs of the primary government as follows: <br /> Governmental activities: <br /> General government $ 507,743 <br /> Public safety 1,027,322 <br /> Public works 1,513,097 <br /> Culture and recreation 665,811 <br /> Capital assets held by the government's internal service funds are <br /> charged to the various functions based on their usage of the assets 809,241 <br /> Total depreciation expense - governmental activities $ 4,523,214 <br /> Business -type activities: <br /> Water & sewer services $ 2,260,881 <br /> Airport 165,071 <br /> Golf course 131,211 <br /> Total depreciation expense - business -type activities $ 2,557,163 <br /> The City has active construction projects as of September 30, 2010. Total accumulated commitments for <br /> ongoing capital projects are composed of the following: <br /> Remaining <br /> Construction Contract <br /> In Progress Balance <br /> Utility Capital Projects Fund $ 4,769,064 $ 111,830 <br /> Hotel /Motel Occupancy Tax Fund 52,316 - <br /> LPAWA 123,680 12,500 <br /> TIRZ 201,170 - <br /> General CIP 3,625,002 2,662,801 <br /> S1998 General Obligation Bonds 475,452 9,898 <br /> S2004 Cert of Oblogation Bonds 242,891 - <br /> S2005 Cert. of Obligation Bonds 58,511 72,902 <br /> S2006 Cert. of Obligation Bonds 162,255 560,679 <br /> S2006 GO Bonds 97,986 1,418,108 <br /> S2007 Cert of Obligation Bonds - 4,538 <br /> Total $ 9,808,327 $ 4,853,256 <br /> 59 <br />
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