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Agenda Packet
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01-27-2025
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Agenda Packet
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />November 30, 2024 <br />ASSETS <br />Love Civic Center <br />$ 262,998.45 <br />Reserved for Construction <br />136,825.71 <br />Signage <br />62,725.00 <br />Credit Union of Texas CD 1001 <br />136,140.84 <br />Red River Credit CD 332 <br />108,681.99 <br />Liberty CD 59873 <br />33,933.92 <br />Liberty CD 6238 <br />52,538.27 <br />FF Money Market 37109 <br />99;430.43 <br />Farmers CD 0085 <br />150,840.71 <br />Farmers CD 0144 <br />52,215.73 <br />Total Current Assets <br />1,096,331.05 <br />Other Assets <br />Due From VCC 5,641.65 <br />Total Other Assets ___J,641 -_65 <br />Total Assets $ 1,101,972.70 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Accounts Payable $ 783.33 <br />Due to COC 36,462.83 <br />Payroll Liabilities .1,469.85 <br />Total Current Liabilities 38,716.01 <br />NET ASSETS <br />Retained Earnings <br />1,154,209.51 <br />Net Income (Loss) <br />_p_ 5 m_ .952.82) <br />Total Net Assets <br />1,063,256.69 <br />Total Liabilities and Net Assets <br />$ 1,101,972.70 <br />Financial statement preparation service provided by Malaory, 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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