4.3. HRA BALANCE SHEET 03-05-20183-02-2018 08:10 AM CITY OF ELK RIVER PAGE: 1 4.3.
BALANCE SHEET
AS OF: FEBRUARY 28TH, 2018
910 -HRA
ACCOUNT # ACCOUNT DESCRIPTION
BALANCE
ASSETS
910-1010
Cash - HRA
1,103,158.90
910-1190
Loans Receivable
225,841.45
910-1193
Forgivable Loan
75,000.00
910-1194
Allow for Forgivable Loan
( 75,000.00)
910-1195
Note Receivable
400,000.00
910-1310
Due From Other Funds
209,253.19
910-1610
Land Held for Redevelopment
42,400.00
TOTAL ASSETS
LIABILITIES
EQUITY
910-2400 Fund Balance 2,019,128.97
TOTAL BEGINNING EQUITY 2,019,128.97
TOTAL REVENUE ( 179.92)
TOTAL EXPENSES 110,130.61
(WILL CLOSE TO FUND BAL.) 71,835.10
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 38,475.43)
TOTAL EQUITY & REV. OVER/(UNDER) EXP.
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.
1,980,653.54
1,980,653.54
1,980,653.54
1,980,653.54