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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 65,587,681$ <br />Cash - restricted 800,000 <br />Accounts receivable, net of allowance 29,268,787 <br />Accrued revenue 20,278,757 <br />Other receivables 926,563 <br />Prepaid expenses 91,577 <br />Deposits 1,512,807 <br />Total current assets 118,466,172 <br />Noncurrent assets <br />Cash - restricted 5,000,000 <br />Total assets 123,466,172 <br />LIABILITIES <br />Current liabilities <br />Accrued cost of electricity 31,664,305 <br />Accounts payable 1,069,442 <br />Other accrued liabilities 541,071 <br />User taxes and energy surcharges due to other governments 1,270,269 <br />Total current liabilities 34,545,087 <br />Noncurrent liabilities <br />Loan payable 7,527,841 <br />Accrued interest and financing costs 207,941 <br />Total noncurrent liabilities 7,735,782 <br />Total liabilities 42,280,869 <br />NET POSITION <br />Unrestricted 81,185,303 <br />Total net position 81,185,303$ <br />ORANGE COUNTY POWER AUTHORITY <br />STATEMENT OF NET POSITION <br />As of December 31, 2023 <br />See accountants' compilation report. 2
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