IDA Financial Statements October 2023

CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
102,032.78
$     
TOTAL CURRENT ASSETS
102,032.78
$      
OTHER ASSETS:
Investments
1,065,395.75
TOTAL OTHER ASSETS
1,065,395.75
TOTAL ASSETS
1,167,428.53
$   
                               
CAPITAL:
BEGINNING NET POSITION
1,154,013.17
$  
Year-to-Date Change in Net Position
13,415.36
ENDING NET POSITION
1,167,428.53
$   
OCTOBER 31, 2023

CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
4 Month Ended
October 31, 2023
OPERATING REVENUES:
    Annual Admin Fees (Intel)
    Annual Admin Fees (Tri-City Babtist Church)
-
                
    Other Revenue
TOTAL Income
-
                
-
                
TOTAL OPERATING REVENUES
-
                
-
                
OPERATING EXPENSES:
     Annual Corporation Report 
-
                
    Miscellaneous (Account Analysis
     Settlement Bank Charge)
-
                  
TOTAL OPERATING EXPENSES
-
                
OPERATING INCOME (LOSS)
-
                
-
                
NONOPERATING REVENUE:
    Investment Income (LOSS)-Note 1
3,809.01
       
13,415.36
     
TOTAL NONOPERATING REVENUE
3,809.01
       
13,415.36
     
NET CHANGE IN NET POSITION
3,809.01
$      
13,415.36
     
Note 1 - Interest Income (Loss) is as follows:
    Realized interest to date
3,809.01
$      
13,415.36
     
    Effect of recording investments at amortized cost
-
                
October 31, 2023
October 31, 2023