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CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF NET POSITION
ASSETS
CURRENT ASSETS:
Cash in bank
186,529
$
TOTAL CURRENT ASSETS
186,529
$
OTHER ASSETS:
Investments
1,348,750
TOTAL OTHER ASSETS
1,348,750
TOTAL ASSETS
1,535,279
$
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
25,043
ENDING NET POSITION
1,532,279
$
April 30, 2026
CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION
10 Month Ended
April 30, 2026
OPERATING REVENUES:
Annual admin fees (Intel)
-
$
140,539
$
Interest income
227
1,750
TOTAL INCOME
227
142,289
TOTAL OPERATING REVENUES
227
142,289
OPERATING EXPENSES:
Annual Corporation Report
-
10
Miscellaneous (account analysis
settlement bank charge, IRS filings)
102
1,234
Grant payments
41,430
163,787
TOTAL OPERATING EXPENSES
41,532
165,031
OPERATING INCOME (LOSS)
(41,305)
(22,742)
NONOPERATING REVENUE:
Investment income (loss)-Note 1
4,640
47,785
TOTAL NONOPERATING REVENUE
4,640
47,785
NET CHANGE IN NET POSITION
(36,665)
$
25,043
$
Note 1 - Interest income (loss) is as follows:
Realized interest to date
4,640
47,785
April 30, 2026
April 30, 2026