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CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
ASSETS
CURRENT ASSETS:
Cash in bank
233,521
$
TOTAL CURRENT ASSETS
233,521
$
OTHER ASSETS:
Investments
1,118,266
TOTAL OTHER ASSETS
1,118,266
TOTAL ASSETS
1,351,787
$
LIABILITIES
CURRENT LIABILITIES:
Application deposits
3,000
TOTAL CURRENT LIABILITIES
3,000
TOTAL LIABILITIES
3,000
CAPITAL:
BEGINNING NET POSITION
1,325,396
$
Year-to-date change in net position
23,391
ENDING NET POSITION
1,348,787
$
NOVEMBER 30, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
5 Months Ended
November 30, 2024
OPERATING REVENUES:
Annual Admin Fees (Tri-City Babtist Church)
-
$
-
$
Annual Admin Fees (Intel)
-
-
Other Revenue
3,000
3,000
TOTAL INCOME
3,000
3,000
TOTAL OPERATING REVENUES
3,000
3,000
OPERATING EXPENSES:
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
-
-
Grant Payment
-
-
TOTAL OPERATING EXPENSES
-
-
OPERATING INCOME (LOSS)
3,000
3,000
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
3,912
20,391
TOTAL NONOPERATING REVENUE
3,912
20,391
NET CHANGE IN NET POSITION
6,912
$
23,391
$
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
3,912
20,391
Effect of recording investments at amortized cost
-
-
November 30, 2024
November 30, 2024