Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
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Assets in 2025 (Year End)
$17,277,831,225
Investments
48%
Receivables (Non-Related)
39%
Property, Plant, & Equipment (net)
5%
Other Assets
5%
Prepaid Expenses
2%
Inventories
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$10,816,184,760
Other Liabilities
46%
Tax-Exempt Bond Liabilities
43%
Payables & Accruals
10%
Notes Payable / Debt (Non-Related)
<1%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$27,308,904
$25,812,869
-5%
Receivables (Non-Related)
$6,000,840,349
$6,676,029,805
+11%
Related-Party Receivables
-
-
-
Inventories
$43,266,332
$41,068,220
-5%
Prepaid Expenses
$287,149,920
$358,070,944
+25%
Investments
$8,015,448,505
$8,360,700,635
+4%
Property, Plant, & Equipment (net)
$853,238,025
$923,412,708
+8%
Other Assets
$942,614,750
$892,736,044
-5%
Total Assets
$16,169,866,785
$17,277,831,225
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$1,313,627,104
$1,112,728,662
-15%
Grants Payable
-
-
-
Deferred Revenue
$100,903
$273,177
+171%
Tax-Exempt Bond Liabilities
$4,788,130,000
$4,661,400,000
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$99,086,230
$99,312,461
+0%
Related-Party Payables
-
-
-
Other Liabilities
$4,338,906,253
$4,942,470,460
+14%
Total Liabilities
$10,539,850,490
$10,816,184,760
+3%
Net assets
2024
2025
Change
Restricted Net Assets
$129,012
$60,610
-53%
Unrestricted Net Assets
$5,629,887,283
$6,461,585,855
+15%
Net assets
2024
2025
Change
Net assets
+$5,630,016,295
+$6,461,646,465
+15%