FINANCIAL STATEMENTS (2024)
Daytona Beach Community Redevelopment Agency Balance Sheet – Governmental Fund
Redevelopment
September 30, 2024
Trust
ASSETS Cash and cash equivalents
$
17,685,792 2,494,801
Restricted cash and cash equivalents
Notes receivable, net Lease receivables, net
70,396 37,703
Accrued interest
161
Deposits Total assets
500,000 20,788,853
$
LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable
$
254,811 1,430 10,000 5,779 272,020
Intergovernmental payable
Deposits
Pollution remediation
Total liabilities
Deferred inflows of resources: Deferred inflows - leases
46,501 46,501
Total deferred inflows of resources
Fund balance: Restricted
20,470,332 20,470,332 20,788,853 -
Total fund balance
Total liabilities, deferred inflows of resources, and fund balance
$
5 YEAR CRA Comprehensive Report | 81 | Return to Table of Contents
The accompanying notes are an integral part of this financial statement. - 19 -
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