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CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
ASSETS
CURRENT ASSETS:
Cash in bank
372,188
$
TOTAL CURRENT ASSETS
372,188
$
OTHER ASSETS:
Investments
1,122,326
TOTAL OTHER ASSETS
1,122,326
TOTAL ASSETS
1,494,514
$
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
166,118
ENDING NET POSITION
1,491,514
$
DECEMBER 31, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
6 Months Ended
December 31, 2024
OPERATING REVENUES:
Annual Admin Fees (Tri-City Babtist Church)
-
$
-
$
Annual Admin Fees (Intel)
140,539
140,539
Other Revenue
7,418
10,418
TOTAL INCOME
147,957
150,957
TOTAL OPERATING REVENUES
147,957
150,957
OPERATING EXPENSES:
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
190
190
Grant Payment
9,100
9,100
TOTAL OPERATING EXPENSES
9,290
9,290
OPERATING INCOME (LOSS)
138,667
141,667
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
4,060
24,451
TOTAL NONOPERATING REVENUE
4,060
24,451
NET CHANGE IN NET POSITION
142,727
$
166,118
$
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
4,060
24,451
Effect of recording investments at amortized cost
-
-
December 31, 2024
December 31, 2024
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
ASSETS
CURRENT ASSETS:
Cash in bank
108,770
$
TOTAL CURRENT ASSETS
108,770
$
OTHER ASSETS:
Investments
1,376,494
TOTAL OTHER ASSETS
1,376,494
TOTAL ASSETS
1,485,264
$
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
156,868
ENDING NET POSITION
1,482,264
$
JANUARY 31, 2025
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
7 Months Ended
January 31, 2025
OPERATING REVENUES:
Annual Admin Fees (Intel)
-
$
140,539
$
Other Revenue
10,418
TOTAL INCOME
-
150,957
TOTAL OPERATING REVENUES
-
150,957
OPERATING EXPENSES:
Refunded Admin Fees
6,000
$
6,000
$
Legal Fees
7,418
7,418
Miscellaneous (Account Analysis
Settlement Bank Charge, IRS Filings)
190
Grant Payment
-
9,100
TOTAL OPERATING EXPENSES
13,418
22,708
OPERATING INCOME (LOSS)
(13,418)
128,249
NONOPERATING REVENUE:
Investment Income (LOSS)-Note 1
4,168
28,619
TOTAL NONOPERATING REVENUE
4,168
28,619
NET CHANGE IN NET POSITION
(9,250)
$
156,868
$
Note 1 - Interest Income (Loss) is as follows:
Realized interest to date
4,168
28,619
Effect of recording investments at amortized cost
-
-
January 31, 2025
January 31, 2025