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06 - Boards & Commissions - Minutes & Reports
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06 - Boards & Commissions - Minutes & Reports
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />May 31, 2024 <br />ASSETS <br />Love Civic Center <br />$ 311,785.00 <br />Reserved for Construction <br />136,825.71 <br />Signage <br />62,725.00 <br />Red River Credit CD 332 <br />102,824.08 <br />Liberty CD 59873 <br />33,5$6.99 <br />Liberty CD 6238 <br />51,253.42 <br />FF Money Market 37109 <br />99,161.39 <br />Farmers CD 6704863 <br />141,183.13 <br />Farmers CD 0144 <br />50,207.66 <br />Total Current Assets <br />989,502.38 <br />Other Assets <br />Returned Checks Receivable <br />660.00 <br />Due From VCC <br />119,233.04 <br />Total Other Assets 119,893.04 <br />Total Assets $11,11.. 1.109,395.42 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 1,879.27 <br />Payroll Liabilities 1,390.08 <br />Total Current Liabilities 3,259.35 <br />NET ASSETS <br />Retained Earnings 963,959.08 <br />Net Income (Loss) 142,166.99 <br />Total Net Assets1,106 12 6.07 <br />Total Liabilities and Net Assets $ 111091395.42 <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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