CRA Comprehensive Report - 2018 to 2024

FINANCIAL STATEMENTS (2023)

Daytona Beach Community Redevelopment Agency Statement of Net Position - Government-wide

Governmental

September 30, 2023

Activities

ASSETS Cash and cash equivalents

$

12,560,206

Prepaid expenses Receivables, net Accounts

445

24,000 94,396

Notes

Restricted assets: Cash and cash equivalents

2,115,018 500,000 15,294,065

Deposits

Total assets

DEFERRED OUTFLOWS OF RESOURCES Deferred amount on refunding Total deferred outflows of resources LIABILITIES Accounts payable and other liabilities

3,633 3,633

61,330

Intergovernmental payable

863

Deposits

10,000

Noncurrent liabilities: Due within one year

2,477,541 17,313,608 19,863,342

Due in more than one year

Total liabilities

NET POSITION Net investment in capital assets

(17,676,131) 13,110,487 (4,565,644)

Unrestricted (deficit) Total net position

$

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The accompanying notes are an integral part of this financial statement. - 16 -

DaytonaBeach.gov/Redevelopment

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