TASB STATEMENT OF
ACTIVITIES FOR THE YEAR
ENDING AUGUST 31, 2018
Change in Unrestricted Net Assets from Operations 2,055,213
Net Investment Income 2,673,474
Change in Unrestricted Net Assets 4,728,687
In keeping with the Board-established net assets policy, TASB has expendable net assets of 50.8 percent
of annual operational expenditures as of August 31, 2018.
These figures are subject to Board approval.