Other Types of Units (Cont’d)
Examples of Related Organizations for the City of Houston (CAFR FY: 2009) :
Ex 1. Metropolitan Transit Authority (“Metro”): The City and Metro have an interlocal agreement covering shared costs of street maintenance/ construction and traffic control during the fiscal year ended June 30, 2009. The City received $68.631 million from Metro under this contract in the fiscal year ended June 30, 2009. The breakout was $40.326 million to Capital Projects, $25 million to General Fund, and $3.305 million to Special Revenues. None of these payments were for the prior contract year. In addition, the City paid Metro $1.357 million for transportation services.
EX 2: Trinity River Authority (“TRA”): As described in Note 8C, the City and TRA have a long-term contract under which the City is obligated to pay debt service for certain bonds as well as certain maintenance and operating expenses for a TRA dam and reservoir. During the fiscal year ended June 30, 2009 the City paid $0 for debt service and $2.1 million for maintenance and operating expenses under the terms of the contract.