4.3. HRA BALANCE SHEET 09-07-20218-31-2021 04:27 PM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: AUGUST 31ST, 2021
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 656,349.35
910-1190 Loans Receivable 101,837.78
910-1193 Forgivable Loan 75,000.00
910-1194 Allow for Forgivable Loan ( 75,000.00)
910-1195 Note Receivable 400,000.00
910-1310 Due From Other Funds 183,440.93
910-1610 Land Held for Redevelopment 382,000.00
1,723,628.06
TOTAL ASSETS 1,723,628.06
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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 173,382.96
TOTAL EXPENSES 98,005.91
TOTAL REVENUE OVER/(UNDER) EXPENSES 75,377.05
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,719,230.31
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,723,628.06
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4.3.