Balance Sheet

Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$1,531,503,670
Property, Plant, & Equipment (net)
65%
Investments
26%
Other Assets
5%
Cash & Equivalents
2%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$867,781,882
Tax-Exempt Bond Liabilities
36%
Deferred Revenue
28%
Other Liabilities
21%
Notes Payable / Debt (Non-Related)
10%
Payables & Accruals
5%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$28,848,816
$33,604,730
+16%
Receivables (Non-Related)
$20,594,821
$21,842,446
+6%
Related-Party Receivables
$0
$0
-
Inventories
$306,877
$306,877
+0%
Prepaid Expenses
$4,291,952
$5,925,180
+38%
Investments
$459,205,212
$399,135,172
-13%
Property, Plant, & Equipment (net)
$977,210,857
$998,919,949
+2%
Other Assets
$77,699,839
$71,769,316
-8%
Total Assets
$1,568,158,374
$1,531,503,670
-2%
Liabilities
2024
2025
Change
Payables & Accruals
$57,923,001
$44,154,424
-24%
Grants Payable
-
-
-
Deferred Revenue
$239,655,371
$241,855,511
+1%
Tax-Exempt Bond Liabilities
$315,593,070
$312,136,853
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$92,935,391
$86,470,391
-7%
Related-Party Payables
$0
$0
-
Other Liabilities
$172,442,923
$183,164,703
+6%
Total Liabilities
$878,549,756
$867,781,882
-1%
Net assets
2024
2025
Change
Restricted Net Assets
$1,166,648
$1,219,047
+4%
Unrestricted Net Assets
$688,441,970
$662,502,741
-4%
Net assets
2024
2025
Change
Net assets
+$689,608,618
+$663,721,788
-4%