This document is the financial statement for the McAllen Tres Lagos Public Improvement District, showing its balance sheet as of August 31 2022 and its profit‑and‑loss results for the period October 31 2021 through August 31 2022. It lists total assets of $23,063,296, liabilities of $3,902,627 and equity of $19,160,669. PID revenue for the period was $352,628, while operating expenses were $1,235,704, resulting in a net loss of $883,075. The note explains that the developer contributed $3,830,476 (recorded as “Due to Rhodes Enterprises”) to cover the shortfall and provided a $1,057,000 loan.
| Total assets | $23,063,296 |
| Total liabilities | $3,902,627 |
| Total equity | $19,160,669 |
| Net loss for period | ($883,075) |
| PID revenue | $352,628 |
| Operating expenses | $1,235,704 |
| Developer contribution (Due to Rhodes Enterprises) | $3,830,476 |
| Developer loan amount | $1,057,000 |