4.3. HRA BALANCE SHEET 03-01-20212-24-2021 09:18 AM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: FEBRUARY 28TH, 2021
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 512,460.89
910-1190 Loans Receivable 156,908.48
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
1,491,768.83
TOTAL ASSETS 1,491,768.83
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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 1,043.58
TOTAL EXPENSES 9,038.01
(WILL CLOSE TO FUND BAL.)( 354,333.26)
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 362,327.69)
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,491,768.83
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,491,768.83
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4.3.