4.3. HRA BALANCE SHEET (SEPT) 11-01-20219-30-2021 11:29 AM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: SEPTEMBER 30TH, 2021
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 637,542.69
910-1190 Loans Receivable 100,641.20
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
1,703,624.82
TOTAL ASSETS 1,703,624.82
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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 173,837.31
TOTAL EXPENSES 118,463.50
TOTAL REVENUE OVER/(UNDER) EXPENSES 55,373.81
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,699,227.07
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP.1,703,624.82
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4.3.