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06 - Reports & Minutes - Boards & Commissions
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January 24
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06 - Reports & Minutes - Boards & Commissions
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CITY CLERK
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />October 31, 2021 <br />ASSETS <br />Love Civic Center <br />$ 96,949.71 <br />Reserved for Construction <br />361,500.00 <br />Red River Credit CD 332 <br />1.00,353.09 <br />Liberty CI] 59873 <br />32,763.62 <br />FF Money Market 37109 <br />111,551.48 <br />Farmers Bank CD <br />140.000.00 <br />Total Current Assets 643,117.90 <br />Due From VCC <br />279748 <br />Total Other Assets <br />2,797.48 <br />Total Assets <br />$ 645,915.38 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 149.65 <br />Payroll Liabilities 1,086.11 <br />Total Current Liabilities' 1,236.76 <br />NET ASSETS <br />Retained Earnings 853,370.98 <br />Net Income - ____LB 891.34� <br />Total Net Assets 844,679.62 <br />Total Liabilities and Net Assets $ 845„91'5.38 <br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued <br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of <br />accounting are omitted and no assurance is provided <br />
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