CRA Comprehensive Report - 2018 to 2024

FINANCIAL STATEMENTS (2024)

Daytona Beach Community Redevelopment Agency Statement of Revenues, Expenditures and Changes in Fund Balance – Governmental Fund

Redevelopment

Trust

For the year ended September 30, 2024

REVENUES Intergovernmental Charges for services Income on investments

$

5,187,170 243,104 629,320

Miscellaneous

9,302

Total revenues

6,068,896

EXPENDITURES Current operating:

Economic environment

2,741,408 1,524,544

Capital outlay

Debt service: Interest and fiscal charges

25,000

Total expenditures

4,290,952 1,777,944

Excess (deficit) of revenues over expenditures

OTHER FINANCING SOURCES (USES) Issuance of debt Transfers (out) for debt service payments Total other financing sources (uses) Transfers in

2,107,543 4,379,394 (3,016,421) 3,470,516 5,248,460

Net change in fund balances

FUND BALANCES Beginning of year

15,221,872 20,470,332

End of year

$

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