4.3. HRA BALANCE SHEET 10-03-20229-26-2022 09:23 AM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: SEPTEMBER 30TH, 2022
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 839,500.62
910-1190 Loans Receivable 56,224.06
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 175,006.09
910-1610 Land Held for Redevelopment 382,000.00
1,852,730.77
TOTAL ASSETS 1,852,730.77
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LIABILITIES
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EQUITY
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910-2400 Fund Balance 1,806,476.59
TOTAL BEGINNING EQUITY 1,806,476.59
TOTAL REVENUE 173,921.69
TOTAL EXPENSES 127,667.51
TOTAL REVENUE OVER/(UNDER) EXPENSES 46,254.18
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,852,730.77
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 1,852,730.77
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4.3.