FINANCIAL STATEMENTS (2020)
Daytona Beach Community Redevelopment Agency Statement of Net Position ‐ Government ‐ wide
Governmental
September 30, 2020
Activities
ASSETS Cash and cash equivalents
$ 9,991,503
Prepaid expenses Notes receivable
31,267 158,396 46,716
Prepaid insurance costs ‐ bonds
Total assets
10,227,882
DEFERRED OUTFLOWS OF RESOURCES Deferred amount on refunding Total deferred outflows of resources LIABILITIES Accounts payable and other liabilities
336,181 336,181
72,969 35,273
Contracts payable
Intergovernmental payable Noncurrent liabilities: Due within one year
611
1,868,719 21,951,879 23,929,451
Due in more than one year, net
Total liabilities
NET POSITION Net investment in capital assets
(2,319,681) (11,045,707)
Unrestricted (deficit) Total net position
$ (13,365,388)
The accompanying notes are an integral part of this financial statement. ‐ 16 ‐
5 YEAR CRA Comprehensive Report | 107 | Return to Table of Contents
Powered by FlippingBook