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Hollywood Park EDC accepts August financial statements; reports $197,000 year-to-date net

5869979 · October 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The EDC reviewed and voted to approve the financial statements as of Aug. 31, showing total cash of about $884,000, net worth of about $916,000 and year-to-date net revenues of roughly $197,000; board approved the statements and encouraged members to ask finance staff questions.

Fred, the EDC's finance presenter, reviewed the financial statements for the 11 months ended Aug. 31. The balance sheet showed total cash of approximately $884,000 and a net worth of about $916,000. The revenue-and-expense report showed month revenue of about $26.99 net (driven…

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