Laserfiche WebLink
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON <br />Notes to Basic Financial Statements <br /> <br /> (4) Detailed Notes on All Funds, continued <br />(A) Equity in Pooled Cash and Investments, continued <br /> Detailed information for the Agency’s pooled cash and investments can be found in the City of Eugene’s <br />FY16 Comprehensive Annual Financial Report (Notes to Basic Financial Statements). <br /> (B) Unavailable Revenue <br />Unavailable revenues are reported as a deferred inflow of resources in the governmental funds Balance <br />Sheet. Unavailable revenues are reported in connection with receivables for revenues that are not <br />considered to be available to liquidate liabilities of the current period. <br />The various components of unavailable revenue consist of the following: <br />Total <br />Property taxes receivable: <br /> Debt Service Fund$191,796 <br /> Riverfront Special Revenue Fund117,922 <br />Notes receivable: <br /> General Fund2,371,685 <br />Total unavailable/unearned revenue$2,681,403 <br />(C) Capital Assets <br />Capital assets activity for the year ended June 30, 2016 was as follows: <br />BeginningEnding <br />IncreasesDecreasesbalance <br />balance <br />Governmental activities: <br />Capital assets, not being depreciated <br />Work in process$0174,4100174,410 <br />Land493,31700493,317 <br /> Total capital assets, not being depreciated493,317174,4100667,727 <br />Capital assets, being depreciated <br /> Improvements 2,541002,541 <br /> Total capital assets being depreciated2,541002,541 <br /> Less accumulated depreciation for: <br /> Improvements (64)(127)0(191) <br /> Total accumulated depreciation(64)(127)0(191) <br /> Total capital assets, being depreciated, net2,477(127)02,350 <br /> Governmental activities capital assets, net$495,794174,2830670,077 <br />continued <br /> <br />