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Urban Renewal Agency's Net Position
<br />20152014
<br />Current and other assets$17,351,58816,307,265
<br />Capital assets495,794493,317
<br /> Total assets 17,847,38216,800,582
<br />Noncurrent liabilities2,422,0004,300,000
<br />Other liabilities893,754858,494
<br /> Total liabilities3,315,7545,158,494
<br />Net position:
<br /> Invested in capital assets495,794493,317
<br /> Unrestricted14,035,83411,148,771
<br /> Total net position$14,531,62811,642,088
<br />Urban Renewal Agency's Change in Net Position
<br />20152014
<br />Revenues:
<br /> Program revenues:
<br /> Rental income, loans repaid,
<br /> and charges for services139,45060,434
<br />$
<br /> General revenues:
<br /> Taxes3,236,4503,073,982
<br /> Investment earnings113,179113,964
<br /> Total revenues3,489,0793,248,380
<br />Expenses:
<br /> Urban renewal redevelopment599,5392,770,075
<br /> Total expenses599,5392,770,075
<br />Increase (decrease) in net position2,889,540478,305
<br />Net position, July 111,642,08811,163,783
<br />Net position, June 30$14,531,62811,642,088
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