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Bickerdike Redevelopment Corporation
Financial standing as of 9/30/05
| Assets | |
| Current Assets | |
| Cash & Cash equivalents | $356,109 |
| Restricted Fund Cash & equivalents | $2,923,241 |
| Accounts receivalbe & others | $287,790 |
Total Current Assets | $3,567,140 |
| Fixed Assets | |
| Net Real Estate & Office Building | $445,737 |
| Net Office Furniture & Equipment | $16,935 |
Total Fixed Assets | $462,672 |
| Other Assets | |
| Investments in Housing Development | $1,934,269 |
| Other Investments & Partnerships | $3,203,365 |
| Predevelopment Cost/Other Land | $1,660,211 |
Total Other Assets | $6,797,845 |
Total Assets | $10,827,657 |
| Liabilities and Net Assets | |
| Current Liabilities | |
| Accounts Payable & Others | $90,082 |
| Current Portion of Long-Term Debt | $0 |
Total Current Liabilities | $90,082 |
| Other Liabilities | |
| Long-Term Debt, Less Current Portion | $1,133,000 |
Total Other Liabilities | $1,133,000 |
Total Liabilities | $1,223,082 |
| Net Assets | |
| Unrestricted as of Dec. 31, 2004 | $8,019,730 |
| Temporarily Restricted as of Dec. 31, 2004 | $1,350,000 |
| Excess of Revenue Over (Under) Expenses | $234,845 |
NET ASSETS AS OF SEPT. 30, 2005 | $9,604,575 |
TOTAL LIABILITIES & NET ASSETS | $10,827,657 |