April, May, and June 2022 Financials
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CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
April 30, 2022
CURRENT ASSETS:
Cash in Bank $ 103,239.08
TOTAL CURRENT ASSETS $ 103,239.08
OTHER ASSETS:
Investments 894,393.72
TOTAL OTHER ASSETS 894,393.72
TOTAL ASSETS $ 997,632.80
CAPITAL:
BEGINNING NET POSITION $ 899,244.27
Year-to-Date Change in Net Position 98,388.53
ENDING NET POSITION $ 997,632.80
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
April 30, 2022
10 Month Ended
April 30, 2022 April 30, 2022
OPERATING REVENUES:
Annual Admin Fees (Intel) - 99,039.12
Annual Admin Fees (Tri-City Babtist Church) - -
Application Fees - -
Closing Fees - -
Other Revenue - ~
TOTAL Income - 99,039.12
TOTAL OPERATING REVENUES - 99,039.12
OPERATING EXPENSES:
Annual Corporation Report - -
Grants
PPE* - 1,605.58
Miscellaneous (Account Analysis
Settlement Bank Charge) 23.08 420.64
TOTAL OPERATING EXPENSES 23.08 2,026.22
OPERATING INCOME (LOSS) (23.08) 97,012.90
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1 154,39 1,375.63
TOTAL NONOPERATING REVENUE 154,39 1,375.63
NET CHANGE IN NET POSITION $ 131.31 98,388.53
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date $ 154,39 1,375.63
Effect of recording investments at amortized cost -
* Personal Protective Equipment (PPE) grants to be awarded not to exceed $200,000
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
TOTAL CURRENT ASSETS
OTHER ASSETS:
Investments
TOTAL OTHER ASSETS
TOTAL ASSETS
CAPITAL:
BEGINNING NET POSITION
Year-to-Date Change in Net Position
ENDING NET POSITION
May 31, 2022
$ 103,215.87
894,266.12
98,237.72
$ 899,244.27
103,215.87
894,266.12
997,481.99
997,481.99
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
May 31, 2022
11 Month Ended
May 31, 2022 May 31, 2022
OPERATING REVENUES:
Annual Admin Fees (Intel) - 99,039.12
Annual Admin Fees (Tri-City Babtist Church) - -
Application Fees - -
Closing Fees - -
Other Revenue - -
TOTAL Income - 99,039.12
TOTAL OPERATING REVENUES - 99,039.12
OPERATING EXPENSES:
Annual Corporation Report - -
Grants
PPE* - 1,605.58
Miscellaneous (Account Analysis
Settlement Bank Charge) 23.21 443.85
TOTAL OPERATING EXPENSES 23.21 2,049.43
OPERATING INCOME (LOSS) (23.21) 96,989.69
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1 (127.60) 1,248,03
TOTAL NONOPERATING REVENUE (127.60) 1,248.03
NET CHANGE IN NET POSITION $ {150.81} 98,237.72
Note 1 - interest Income (Loss) is as follows:
Realized interest to date $ {127.60} 1,248.03
Effect of recording investments at amortized cost
* Personal Protective Equipment (PPE) grants to be awarded not to exceed $200,000
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
June 30, 2022
CURRENT ASSETS:
Cash in Bank $ 103,209.61
Accounts Receivable (Tri-City Babtist Church) 2,000.00
TOTAL CURRENT ASSETS $ 105,209.61
OTHER ASSETS:
Investments 894,510.86
TOTAL OTHER ASSETS 894,510.86
TOTAL ASSETS $ 999,720.47
CAPITAL:
BEGINNING NET POSITION $ 899,244.27
Year-to-Date Change in Net Position 100,476.20
ENDING NET POSITION $ 999,720.47
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
June 30, 2022
12 Month Ended
June 30, 2022 June 30, 2022
OPERATING REVENUES:
Annual Admin Fees (Intel) - 99,039.12
Annual Admin Fees (Tri-City Babtist Church) 2,000.00 2,000.00
Application Fees - -
Closing Fees - -
Other Revenue - -
TOTAL Income 2,000.00 101,039.12
TOTAL OPERATING REVENUES 2,000,00 101,039.12
OPERATING EXPENSES:
Annual Corporation Report - -
Grants
PPEX - 1,605.58
Miscellaneous (Account Analysis
Settlement Bank Charge) 6.26 450.11
TOTAL OPERATING EXPENSES 6.26 2,055.69
OPERATING INCOME (LOSS) 1,993.74 98,983.43
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1 244,74 1,492.77
TOTAL NONOPERATING REVENUE 244,74 4,492.77
NET CHANGE IN NET POSITION $ = 2,238.48 400,476.20
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date $ 244.74 1,492.77
Effect of recording Investments at amortized cost -
* Personal Protective Equipment (PPE) grants to be awarded not to exceed $200,000