4.3. HRA BALANCE SHEET 03-02-20202-24-2020 11:33 AM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: FEBRUARY 29TH, 2020
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 806,110.57
910-1150 Accounts Receivable 628.76
910-1190 Loans Receivable 218,927.95
910-1193 Forgivable Loan 150,000.00
910-1194 Allow for Forgivable Loan ( 150,000.00)
910-1195 Note Receivable 400,000.00
910-1310 Due From Other Funds 195,177.82
910-1610 Land Held for Redevelopment 174,100.00
1,794,945.10
TOTAL ASSETS 1,794,945.10
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LIABILITIES
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EQUITY
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910-2400 Fund Balance 1,857,069.84
TOTAL BEGINNING EQUITY 1,857,069.84
TOTAL REVENUE 872.26
TOTAL EXPENSES ( 776.32)
(WILL CLOSE TO FUND BAL.)( 63,773.32)
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 62,124.74)
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,794,945.10
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,794,945.10
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4.3.