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CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
228,521.00
$
Accounts Receivable
-
TOTAL CURRENT ASSETS
228,521.00
$
OTHER ASSETS:
Investments
1,089,828.18
TOTAL OTHER ASSETS
1,089,828.18
TOTAL ASSETS
1,318,349.18
$
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
161,336.02
ENDING NET POSITION
1,315,349.18
$
APRIL 30, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
10 Month Ended
April 30, 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:
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
250.90
Grant Payment
16,800.00
16,800.00
TOTAL OPERATING EXPENSES
17,050.90
OPERATING INCOME (LOSS)
-
123,488.22
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
3,994.02
37,847.80
TOTAL NONOPERATING REVENUE
3,994.02
37,847.80
NET CHANGE IN NET POSITION
3,994.02
$
161,336.02
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
3,994.02
$
37,847.80
Effect of recording investments at amortized cost
-
April 30, 2024
April 30, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
228,521.00
$
Accounts Receivable
2,000.00
TOTAL CURRENT ASSETS
230,521.00
$
OTHER ASSETS:
Investments
1,093,989.33
TOTAL OTHER ASSETS
1,093,989.33
TOTAL ASSETS
1,324,510.33
$
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
167,497.17
ENDING NET POSITION
1,321,510.33
$
MAY 31, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
11 Month Ended
May 31, 2024
OPERATING REVENUES:
Annual Admin Fees (Intel)
-
140,539.12
Annual Admin Fees (Tri-City Babtist Church)
2,000.00
2,000.00
Other Revenue
-
TOTAL Income
2,000.00
142,539.12
TOTAL OPERATING REVENUES
2,000.00
142,539.12
OPERATING EXPENSES:
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
250.90
Grant Payment
16,800.00
TOTAL OPERATING EXPENSES
17,050.90
OPERATING INCOME (LOSS)
2,000.00
125,488.22
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
4,161.15
42,008.95
TOTAL NONOPERATING REVENUE
4,161.15
42,008.95
NET CHANGE IN NET POSITION
6,161.15
$
167,497.17
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
4,161.15
$
42,008.95
Effect of recording investments at amortized cost
-
May 31, 2024
May 31, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
CURRENT ASSETS:
Cash in Bank
228,521.00
$
Accounts Receivable
2,000.00
TOTAL CURRENT ASSETS
230,521.00
$
OTHER ASSETS:
Investments
1,097,874.88
TOTAL OTHER ASSETS
1,097,874.88
TOTAL ASSETS
1,328,395.88
$
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
171,382.72
ENDING NET POSITION
1,325,395.88
$
JUN 30, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
12 Month Ended
June 30, 2024
OPERATING REVENUES:
Annual Admin Fees (Intel)
-
140,539.12
Annual Admin Fees (Tri-City Babtist Church)
2,000.00
Other Revenue
-
TOTAL Income
-
142,539.12
TOTAL OPERATING REVENUES
-
142,539.12
OPERATING EXPENSES:
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
250.90
Grant Payment
16,800.00
TOTAL OPERATING EXPENSES
17,050.90
OPERATING INCOME (LOSS)
-
125,488.22
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
3,885.55
45,894.50
TOTAL NONOPERATING REVENUE
3,885.55
45,894.50
NET CHANGE IN NET POSITION
3,885.55
$
171,382.72
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
3,885.55
$
45,894.50
Effect of recording investments at amortized cost
-
June 30, 2024
June 30, 2024