Extracted text (via pymupdf)
1693 characters
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
5 Month Ended
November 30, 2022
OPERATING REVENUES:
Annual Admin Fees (Intel)
-
41,500.00
Annual Admin Fees (Tri-City Babtist Church)
-
-
Other Revenue
-
1.00
TOTAL Income
-
41,501.00
TOTAL OPERATING REVENUES
-
41,501.00
OPERATING EXPENSES:
Annual Corporation Report
10.00
10.00
Miscellaneous (Account Analysis
Settlement Bank Charge)
6.95
TOTAL OPERATING EXPENSES
10.00
16.95
OPERATING INCOME (LOSS)
(10.00)
41,484.05
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
982.04
2,195.08
TOTAL NONOPERATING REVENUE
982.04
2,195.08
NET CHANGE IN NET POSITION
972.04
$
43,679.13
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
982.04
$
2,195.08
Effect of recording investments at amortized cost
-
November 30, 2022
November 30, 2022
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
146,693.66
$
TOTAL CURRENT ASSETS
146,693.66
$
OTHER ASSETS:
Investments
896,706.29
TOTAL OTHER ASSETS
896,706.29
TOTAL ASSETS
1,043,399.95
$
CAPITAL:
BEGINNING NET POSITION
999,720.47
$
Year-to-Date Change in Net Position
43,679.48
ENDING NET POSITION
1,043,399.95
$
November 30, 2022