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URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON <br /> <br />Notes to Basic Financial Statements <br /> <br />continued <br />(4) Detailed Notes on All Funds, continued <br /> <br /> (B) Unavailable Revenue <br /> <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 /> <br />The various components of unavailable revenue consist of the following: <br /> <br />Unavailable <br />Property taxes receivable: <br /> Debt Service Fund $ 137,843 <br /> Riverfront Special Revenue Fund 95,402 <br />Notes receivable: <br /> General Fund 1,956,827 <br />Total unavailable/unearned revenue $ 2,190,072 <br /> <br />(C) Capital Assets <br /> <br />Capital assets activity for the year ended June 30, 2018 was as follows: <br /> <br />Beginning Ending <br />balance Increases Decreases balance <br />Governmental activities: <br />Capital assets, not being depreciated: <br />Work in process $ 197,980 2,755,353 0 2,953,333 <br />Land 493,317 0 0 493,317 <br /> Total capital assets, not being depreciated 691,297 2,755,353 0 3,446,650 <br /> <br />Capital assets, being depreciated: <br /> Improvements 21,171 0 (21,171)(0) <br /> Total capital assets being depreciated 21,171 0 (21,171)(0) <br /> <br /> Less accumulated depreciation for: <br /> Improvements (770)0 770 0 <br /> Total accumulated depreciation (770)0 770 0 <br /> Total capital assets, being depreciated, net 20,401 0 (20,401)(0) <br /> Governmental activities capital assets, net $ 711,698 2,755,353 (20,401) 3,446,650 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />28 <br />December 10, 2018, Meeting - Item 3