4.3. HRA BALANCE SHEET 04-02-20183-26-2018 02:17 PM CITY OF ELK RIVER PAGE: 1 Item 4.3
BALANCE SHEET
AS OF: MARCH 31ST, 2018
910 -HRA
ACCOUNT # ACCOUNT DESCRIPTION
BALANCE
ASSETS
910-1010
Cash - HRA
1,088,323.29
910-1190
Loans Receivable
224,774.13
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 388.86
TOTAL EXPENSES 126,602.32
(WILL CLOSE TO FUND BAL.) 71,835.10
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 54,378.36)
TOTAL EQUITY & REV. OVER/(UNDER) EXP.
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.
1,964,750.61
1,964,750.61
1,964,750.61