4.3. HRA BALANCE SHEET 02-01-20211-26-2021 04:35 PM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: JANUARY 31ST, 2021
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 529,448.05
910-1190 Loans Receivable 158,597.05
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 187,499.46
910-1610 Land Held for Redevelopment 234,900.00
1,510,444.56
TOTAL ASSETS 1,510,444.56
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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 7,158.91
TOTAL EXPENSES 312.50
(WILL CLOSE TO FUND BAL.)( 350,498.37)
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 343,651.96)
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,510,444.56
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,510,444.56
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4.3.