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EDC approves July 31 financial statement; board asks for more invoice detail
2064152 · January 3, 2025
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Summary
The Hollywood Park EDC approved its financial statement for the 10 months ending July 31, 2024, and heard questions about investment holdings and capital outlay charges.
The Hollywood Park Economic Development Corporation approved its financial statement as of July 31, 2024, after a staff presentation showing the most recent balance sheet and revenue-and-expense reports.
Staff reported total cash of about $652,000 and a net worth figure presented to the board; year-to-date revenues for the 10 months were reported as approximately $185,701, made up primarily of sales tax…
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