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<br /> City of La Porte, Texas
<br /> Long Range Plan for the General Debt Service Fund
<br /> Estimated Projected Proj ected Projected Projected Proj ected Proj ected Proj ected Projected Projected
<br /> 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
<br />Beginning Working Capital 1,704,632 1,702,319 1,688,209 1,563,457 1,526,254 1,558,602 1,657,521 1,845,735 2,121,235 3,295,519
<br />Plus Revenues:
<br />Property Taxes - Current 1,566,793 1,791,834 1,845,589 1,900,957 1,957,986 2,016,726 2,077,228 2,139,545 2,203,731 2,269,843
<br />Property Taxes - Delinquent 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000
<br />Transfer from Section 4B 740,060 732,180 723,940 720,250 712,460 710,720 708,590 705,920
<br />Transfer from Utility Fund 135,668 156,135 154,396 157,097 157,769 156,188 158,256 156,177 157,439
<br />Interest Income 77,586 89,500 25,323 23,452 22,894 23,379 24,863 27,686 31,819 49,433
<br />Total Revenues 2,419,439 2,784,182 2,785,987 2,834,055 2,885,437 2,943,594 3,001 ,869 3,066,407 2,426,727 2,511,715
<br />Less Outstanding Issues:
<br />1998 GO Bonds 201,406 193,594 186,563 180,781 175,469 170,156 164,844 159,531
<br />2000 GO Bonds 283,844 273,344 262,844 252,344 243,194 259,744 250,556 241,194
<br />2000 CO Bonds 269,550 259,050 248,550 238,050 228,900 221,250 213,750 206,250
<br />2002 GO Bonds 504,158 492,683 481,208 469,733 458,258 446,783 435,645 424,845
<br />2004 CO Bonds 470,510 473,130 475,390 482,200 483,560 489,470 494,840 499,670
<br />2005 CO Bonds 130,955 131,453 129,470 127,423 130,228 132,798 130,210 132,458 129,538 131,443
<br />2005 GO Bonds 561,329 564,333 563,533 562,333 565,633 563,239 565,142 561,529 562,40 I 562,654
<br />2006 CO Bonds 342,180 467,604 464,448 470,623 465,823 465,410 469,798 467,623 468,498
<br />2006 GO Bonds 68,527 95,579 93,948 97,226 95,414 93,258 95,633 92,883 95,008
<br />Total Outstanding Issues 2,421,752 2,798,292 2,910,739 2,871,258 2,853,089 2,844,675 2,813,654 2,790,907 1,252,444 1,257,602
<br />Tota] Outstanding 2,421,752 2,798,292 2,910,739 2,871,258 2,853,089 2,844,675 2,813,654 2,790,907 1,252,444 1,257,602
<br />Ending Working Capital 1,702,3 ]9 1,688,209 ] ,563,457 1,526,254 1,558,602 1,657,521 1,845,735 2,121,235 3,295,519 4,549,632
<br />Estimated Tax Rate
<br />Days of Working Capital 257 220 196 194 199 213 239 277 960 1,320
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