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Urban Renewal Agency of the City of Eugene, OregonExhibit 1 <br />Statement of Net Assets <br />June 30, 2007 <br />(amounts in dollars) <br />Assets <br />Equity in pooled cash and investments10,119,041 <br />Receivables (net of allowance)537,703 <br />Due from other governments22,895 <br />Other assets2,406,161 <br />Capital assets: <br /> Land and construction in progress2,916,322 <br /> Other capital assets (net of accumulated depreciation)2,645,273 <br />Total assets18,647,395 <br />Liabilities <br />Accounts payable and other liabilities38,958 <br />Unearned revenue2,108 <br />Total liabilities41,066 <br />Net assets <br />Invested in capital assets5,561,595 <br />Unrestricted13,044,734 <br />Total net assets18,606,329 <br />The accompanying notes are an integral part of the financial statements. <br />ïí <br />