4.3. HRA BALANCE SHEET 02-06-20232-02-2023 12:18 PM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: JANUARY 31ST, 2023
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 781,271.31
910-1190 Loans Receivable 52,474.58
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 170,631.85
910-1610 Land Held for Redevelopment 382,000.00
1,786,377.74
TOTAL ASSETS 1,786,377.74
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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 3,768.59
TOTAL EXPENSES 30.00
(WILL CLOSE TO FUND BAL.) ( 23,837.44)
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 20,098.85)
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,786,377.74
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 1,786,377.74
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4.3.