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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, 2016
<br />(amounts in dollars)
<br />RiverfrontRiverfrontRiverfrontTotal
<br />DebtCapitalSpecialCapitalProgramGovernmental
<br /> General
<br />ServiceProjectsRevenueProjectsRevenueFunds
<br />Assets
<br />Equity in pooled cash and investments1,921,0301,053,366540,1296,753,844686,5682,994,90613,949,843
<br />Receivables:
<br /> Interest9,82336,949018,9450065,717
<br /> Taxes0154,847098,97700253,824
<br /> Accounts145,74000000145,740
<br /> Loans and notes2,380,588000002,380,588
<br /> Allowance for uncollectibles(145,740)00000(145,740)
<br />Due from other governments06,25604,2170010,473
<br />Assets held for resale0000990,0000990,000
<br />Total assets4,311,4411,251,418540,1296,875,9831,676,5682,994,90617,650,445
<br />Liabilities
<br />Accounts payable1,5230042013,071015,014
<br />Due to other governments000180018
<br />Total liabilities1,5230043813,071015,032
<br />Deferred inflows of resources
<br />Unavailable revenue2,371,685191,7960117,922002,681,403
<br />Total deferred inflows of resources2,371,685191,7960117,922002,681,403
<br />Fund balances
<br />Nonspendable0000990,0000990,000
<br />Restricted1,938,2331,059,622540,1296,757,623673,4972,994,90613,964,010
<br />Total fund balances1,938,2331,059,622540,1296,757,6231,663,4972,994,90614,954,010
<br />Total liabilities, deferred inflows
<br /> of resources, and fund balances4,311,4411,251,418540,1296,875,9831,676,5682,994,906
<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.2,580,434
<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. 670,077
<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.(1,227,295)
<br />Total net position16,977,226
<br />The accompanying notes are an integral part of the financial statements.
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