IDA Financials - Jan Feb Mar 2024
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CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
245,321.00
$
TOTAL CURRENT ASSETS
245,321.00
$
OTHER ASSETS:
Investments
1,077,702.04
TOTAL OTHER ASSETS
1,077,702.04
TOTAL ASSETS
1,323,023.04
$
LIABILITIES:
Current Liabilities:
APPLICATION DEPOSITS
$3,000.00
TOTAL Current Liabilities
3,000.00
TOTAL LIABILITIES
3,000.00
CAPITAL:
BEGINNING NET POSITION
1,154,013.17
$
Year-to-Date Change in Net Position
166,009.87
ENDING NET POSITION
1,320,023.04
$
JANUARY 31, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
7 Month Ended
January 31, 2024
OPERATING REVENUES:
Annual Admin Fees (Intel)
140,539.12
140,539.12
Annual Admin Fees (Tri-City Babtist Church)
-
Other Revenue
-
TOTAL Income
140,539.12
140,539.12
TOTAL OPERATING REVENUES
140,539.12
140,539.12
OPERATING EXPENSES:
Annual Corporation Report
10.00
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
240.90
TOTAL OPERATING EXPENSES
250.90
OPERATING INCOME (LOSS)
140,539.12
140,288.22
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
4,337.30
25,721.65
TOTAL NONOPERATING REVENUE
4,337.30
25,721.65
NET CHANGE IN NET POSITION
144,876.42
$
166,009.87
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
4,337.30
$
25,721.65
Effect of recording investments at amortized cost
-
January 31, 2024
January 31, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
245,321.00
$
TOTAL CURRENT ASSETS
245,321.00
$
OTHER ASSETS:
Investments
1,081,721.17
TOTAL OTHER ASSETS
1,081,721.17
TOTAL ASSETS
1,327,042.17
$
LIABILITIES:
Current Liabilities:
APPLICATION DEPOSITS
$3,000.00
TOTAL Current Liabilities
3,000.00
TOTAL LIABILITIES
3,000.00
CAPITAL:
BEGINNING NET POSITION
1,154,013.16
$
Year-to-Date Change in Net Position
170,029.01
ENDING NET POSITION
1,324,042.17
$
FEBRUARY 29, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
8 Month Ended
February 29, 2024
OPERATING REVENUES:
Annual Admin Fees (Intel)
-
140,539.12
Annual Admin Fees (Tri-City Babtist Church)
-
Other Revenue
-
TOTAL Income
-
140,539.12
TOTAL OPERATING REVENUES
-
140,539.12
OPERATING EXPENSES:
Annual Corporation Report
10.00
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
240.90
TOTAL OPERATING EXPENSES
250.90
OPERATING INCOME (LOSS)
-
140,288.22
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
4,019.14
29,740.79
TOTAL NONOPERATING REVENUE
4,019.14
29,740.79
NET CHANGE IN NET POSITION
4,019.14
$
170,029.01
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
4,019.14
$
29,740.79
Effect of recording investments at amortized cost
-
February 29, 2024
February 29, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
245,321.00
$
TOTAL CURRENT ASSETS
245,321.00
$
OTHER ASSETS:
Investments
1,085,834.16
TOTAL OTHER ASSETS
1,085,834.16
TOTAL ASSETS
1,331,155.16
$
LIABILITIES:
Current Liabilities:
APPLICATION DEPOSITS
$3,000.00
TOTAL Current Liabilities
3,000.00
TOTAL LIABILITIES
3,000.00
CAPITAL:
BEGINNING NET POSITION
1,154,013.16
$
Year-to-Date Change in Net Position
174,142.00
ENDING NET POSITION
1,328,155.16
$
MARCH 31, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
9 Month Ended
March 31, 2024
OPERATING REVENUES:
Annual Admin Fees (Intel)
-
140,539.12
Annual Admin Fees (Tri-City Babtist Church)
-
Other Revenue
-
TOTAL Income
-
140,539.12
TOTAL OPERATING REVENUES
-
140,539.12
OPERATING EXPENSES:
Annual Corporation Report
10.00
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
240.90
TOTAL OPERATING EXPENSES
250.90
OPERATING INCOME (LOSS)
-
140,288.22
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
4,112.99
33,853.78
TOTAL NONOPERATING REVENUE
4,112.99
33,853.78
NET CHANGE IN NET POSITION
4,112.99
$
174,142.00
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
4,112.99
$
33,853.78
Effect of recording investments at amortized cost
-
March 31, 2024
March 31, 2024