CITY OF HOUSTON, TEXAS
GENERAL FUND
Balance Sheets
June 30, 1997 and 1996
amounts expressed in thousands
 
          1997   1996
Assets              
  Equity in pooled cash and investments       $ 61,528   $ 61,590
  Receivables, net of allowances            
    Accounts receivable     5,512   3,666
    Property taxes receivable, net     59,617   56,786
    Sales taxes receivable     46,965   43,550
    Mixed drink taxes receivable     1,413   1,310
    Franchise taxes receivable     27,553   25,418
    Special assessments receivable     33,522   26,094
  Due from other funds       20,291   26,713
  Due from other governments       -   980
  Prepaid items       942   970
               
      Total assets   $ 257,343   $ 247,077
               
Liabilities and fund balances              
Liabilities              
  Accounts payable       $ 26,362   $ 21,827
  Accrued payroll liabilities       27,276   25,556
  Due to other funds       9,900   4,390
  Due to other governments       3,861   3,616
  Advances and deposits       1,201   2,158
  Claims and judgments       9,944   9,491
  Compensated absences       3,071   3,249
  Deferred revenue       85,254   74,917
      Total liabilities   166,869   145,204
               
Fund balances              
  Reserved for            
    Imprest cash and prepaids     1,129   1,160
    Equipment acquisition and other capital outlay     4,165   29,145
    Revolving funds and other     1,075   1,989
      Total reserved fund balances   6,369   32,294
Unreserved              
  Undesignated       84,105   69,579
      Total fund balances   90,474   101,873
               
      Total liabilities and fund balances   $ 257,343   $ 247,077
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