4.3. HRA BALANCE SHEET 07-06-20217-01-2021 10:06 AM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: JUNE 30TH, 2021
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 540,411.71
910-1190 Loans Receivable 31,270.97
910-1193 Forgivable Loan 150,000.00
910-1194 Allow for Forgivable Loan ( 150,000.00)
910-1195 Note Receivable 475,000.00
910-1310 Due From Other Funds 187,499.46
910-1610 Land Held for Redevelopment 382,000.00
1,616,182.14
TOTAL ASSETS 1,616,182.14
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LIABILITIES
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910-2200 Deposit Payable 4,397.75
TOTAL LIABILITIES 4,397.75
EQUITY
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910-2400 Fund Balance 1,643,853.26
TOTAL BEGINNING EQUITY 1,643,853.26
TOTAL REVENUE 2,669.22
TOTAL EXPENSES 34,738.09
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 32,068.87)
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,611,784.39
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,616,182.14
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4.3.