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Exhibit 3
<br />Urban Renewal Agency of the City of Eugene, Oregon
<br />Balance Sheet
<br />Governmental Funds
<br />June 30, 2015
<br />(amounts in dollars)
<br />RiverfrontRiverfrontTotal
<br />DebtCapitalSpecialCapitalGovernmental
<br /> General
<br />ServiceProjectsRevenueProjectsFunds
<br />Assets
<br />Equity in pooled cash and investments1,601,4141,345,565536,4608,279,171870,14812,632,758
<br />Receivables:
<br /> Interest10,24340,598017,462068,303
<br /> Taxes0147,910083,3770231,287
<br /> Accounts145,7400000145,740
<br /> Loans and notes2,642,35200002,642,352
<br /> Allowance for uncollectibles(145,740)0000(145,740)
<br />Due from other governments012,07507,246019,321
<br />Assets held for resale00860,1600990,0001,850,160
<br />Total assets4,254,0091,546,1481,396,6208,387,2561,860,14817,444,181
<br />Liabilities
<br />Accounts payable2360001,2001,436
<br />Due to other governments00018018
<br />Total liabilities23600181,2001,454
<br />Deferred inflows of resources
<br />Unavailable revenue2,633,496188,5070100,84002,922,843
<br />Total deferred inflows of resources2,633,496188,5070100,84002,922,843
<br />Fund balances
<br />Nonspendable00860,1600990,0001,850,160
<br />Restricted1,620,2771,357,641536,4608,286,398868,94812,669,724
<br />Total fund balances1,620,2771,357,6411,396,6208,286,3981,858,94814,519,884
<br />Total liabilities, deferred inflows
<br /> of resources, and fund balances4,254,0091,546,1481,396,6208,387,2561,860,148
<br />Reconciliation to the Statement of Net Position:
<br />The Statement of Net Position reports receivables at their net realizable value. However, receivables
<br /> not available to pay for current-period expenditures are deferred in governmental funds.2,830,250
<br />Capital assets are not financial resources in governmental funds, but are reported in the
<br /> Statement of Net Position at their net depreciable value. 495,794
<br />All liabilities are reported in the Statement of Net Position. However, if they are not due and payable
<br /> in the current period, they are not recorded in governmental funds.(3,314,300)
<br />Total net position14,531,628
<br />The accompanying notes are an integral part of the financial statements.
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