4.3. HRA BALANCE SHEET 04-03-2023
3-27-2023 02:53 PM CITY OF ELK RIVER PAGE: 1
BALANCE SHEET
AS OF: MARCH 31ST, 2023
910-HRA
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
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ASSETS
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910-1010 Cash - HRA 762,512.86
910-1190 Loans Receivable 50,957.58
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
1,766,102.29
TOTAL ASSETS 1,766,102.29
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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 785.01
TOTAL EXPENSES 17,285.46
(WILL CLOSE TO FUND BAL.) ( 23,873.85)
TOTAL REVENUE OVER/(UNDER) EXPENSES ( 40,374.30)
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,766,102.29
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 1,766,102.29
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