4.3. HRA BALANCE SHEET 07-06-20206-30-2020 03:03 PM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: JUNE 30TH, 2020
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 369,208.10
910-1190 Loans Receivable 191,982.29
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 234,900.00
1,391,268.21
TOTAL ASSETS 1,391,268.21
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LIABILITIES
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EQUITY
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910-2400 Fund Balance 1,854,096.52
TOTAL BEGINNING EQUITY 1,854,096.52
TOTAL REVENUE 13,845.24
TOTAL EXPENSES 476,673.55
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 462,828.31)
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,391,268.21
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,391,268.21
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4.3.