MAR-26 Financials

City of Chandler — Regular Meeting (2026-05-12)

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CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
ASSETS
CURRENT ASSETS:
Cash in bank
227,834
$           
TOTAL CURRENT ASSETS
227,834
$             
OTHER ASSETS:
Investments
1,344,111
TOTAL OTHER ASSETS
1,344,111
TOTAL ASSETS
1,571,945
$          
LIABILITIES
CURRENT LIABILITIES:
Application deposits
3,000
TOTAL CURRENT LIABILITIES
3,000
TOTAL LIABILITIES
3,000
BEGINNING NET POSITION
1,507,236
$        
Year-to-date change in net position
61,709
ENDING NET POSITION
1,568,945
$          
March 31, 2026

CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
9 Month Ended
March 31, 2026
OPERATING REVENUES:
    Annual admin fees (Intel)
-
$               
140,539
$       
    Interest income
238
               
1,523
            
TOTAL INCOME
238
               
142,062
        
TOTAL OPERATING REVENUES
238
               
142,062
        
OPERATING EXPENSES:
    Annual Corporation Report 
-
                
10
                  
    Miscellaneous (account analysis
     settlement bank charge, IRS  filings)
108
                 
1,131
              
    Grant payments
-
                
122,357
        
TOTAL OPERATING EXPENSES
108
               
123,498
        
OPERATING INCOME (LOSS)
130
               
18,564
          
NONOPERATING REVENUE:
    Investment income (loss)-Note 1
5,011
            
43,145
          
TOTAL NONOPERATING REVENUE
5,011
            
43,145
          
NET CHANGE IN NET POSITION
5,141
$           
61,709
$         
Note 1 - Interest income (loss) is as follows:
    Realized interest to date
5,011
            
43,145
          
March 31, 2026
March 31, 2026