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08/06/2024
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Correspondence - Non-Agenda
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8/7/2024 10:54:23 AM
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City Clerk
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8/6/2024
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ASSETS <br />Current assets <br />Cash - unrestricted 67,400,266$ <br />Cash - restricted 5,800,000 <br />Accounts receivable, net of allowance 37,050,890 <br />Accrued revenue 28,583,180 <br />Other receivables 4,287,420 <br />Prepaid expenses 2,557,463 <br />Deposits 1,570,304 <br />Total current assets 147,249,523 <br />LIABILITIES <br />Current liabilities <br />Accrued cost of electricity 64,068,325 <br />Accounts payable 476,874 <br />Other accrued liabilities 893,703 <br />User taxes and energy surcharges due to other governments 1,676,852 <br />Accrued interest and financing costs 9,927 <br />Total current liabilities 67,125,681 <br />Noncurrent liabilities <br />Loan payable 7,527,841 <br />Accrued interest and financing costs 163,516 <br />Total noncurrent liabilities 7,691,357 <br />Total liabilities 74,817,038 <br />NET POSITION <br />Unrestricted 72,432,485 <br />Total net position 72,432,485$ <br />ORANGE COUNTY POWER AUTHORITY <br />STATEMENT OF NET POSITION <br />As of September 30, 2023 <br />See accountants' compilation report. 2
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