4.3. HRA BALANCE SHEET 12-05-202212-01-2022 08:15 AM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: NOVEMBER 30TH, 2022
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
_____________________________________________________________________________________________
ASSETS
======
910-1010 Cash - HRA 819,647.88
910-1190 Loans Receivable 54,731.84
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
1,831,385.81
TOTAL ASSETS 1,831,385.81
==============
LIABILITIES
=========== ______________ ______________
EQUITY
======
910-2400 Fund Balance 1,806,476.59
TOTAL BEGINNING EQUITY 1,806,476.59
TOTAL REVENUE 174,724.15
TOTAL EXPENSES 149,814.93
TOTAL REVENUE OVER/(UNDER) EXPENSES 24,909.22
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,831,385.81
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 1,831,385.81
==============
4.3.