• Exhibit A
<br />LA PORTE AREA ~'VATER AUTHORITY
<br />Balance Sheets ~,~~ ~ ; : ~; r ; ..-r ~ r-. ~ . ___
<br />AlI Funds _ , , . , ,
<br />September 30, 1990 and 1989
<br />Proprietary fund type
<br />_ enter rise
<br />Assets 1
<br />Current Assets: $ 169 5.014
<br />Cash 94,991 -
<br />Accounts receivable
<br />Temporary investments: 1,258,649 3,244,424
<br />Unrestricted 910,236 521,365
<br />Restricted 9,143 13,713
<br />Accrued interest receivable
<br />Total current assets 2,273,188 3,784.516
<br />Land, building and equipment -construction-in-progress 8,748,511 7,169,508
<br />Total assets $ 11,021,699 10,954,024
<br />Liabilities and Fund Equitv
<br />Current liabilities: 000
<br />45 -
<br />Accountspayable ,
<br />385
<br />220 -
<br />Accrued interest payable ,
<br />731
<br />61 1,293,624
<br />Due to City of La Porte ,
<br />Total current liabilities 327,1 I6 1,293,b24
<br />Revenue bonds payable 9,800,000 9,800.000
<br />Total liabilities 10,127,116 11,093,624
<br />Fund Equitv
<br />Reserved for bond contingency 689,851 521,365
<br />Unreserved 204,732 (660,965)
<br />Total fund equity 894,583 (139,600)
<br />Total liabilities and fund equity ~ • $ 11,021,699 10,954,024
<br />See accompanying notes to financial statements.
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