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Urban Renewal Agency of the City of Eugene, Oregon Exhibit 3
<br />Balance Sheet
<br />Governmental Funds
<br />June 30, 2019
<br />(amounts in dollars)
<br />Riverfront Riverfront Riverfront Total
<br />Debt Capital Special Capital Program Governmental
<br />General Service Projects Revenue Projects Revenue Funds
<br />Assets
<br />Equity in pooled cash and investments 2,355,259 3,568,554 186,249 1,535,372 7,067,307 3,271,730 17,984,471
<br />Receivables:
<br /> Interest 10,007 19,041 0 11,481 0 0 40,529
<br /> Taxes 0 83,248 0 71,080 0 0 154,328
<br /> Accounts 147,740 0 0 0 0 0 147,740
<br /> Loans and notes 2,345,621 0 0 0 0 0 2,345,621
<br /> Allowance for uncollectibles (145,740) 0 0 0 0 0 (145,740)
<br />Due from other governments 177,465 11,544 0 10,277 0 0 199,286
<br />Assets held for resale 0 0 0 0 3,058,799 0 3,058,799
<br />Total assets 4,890,352 3,682,387 186,249 1,628,210 10,126,106 3,271,730 23,785,034
<br />Liabilities
<br />Accounts payable 28,290 0 0 0 218,730 0 247,020
<br />Due to other governments 11,182 0 0 3,233 6,804 0 21,219
<br />Total liabilities 39,472 0 0 3,233 225,534 0 268,239
<br />Deferred inflows of resources
<br />Unavailable revenue 2,340,500 102,289 0 82,562 0 0 2,525,351
<br />Total deferred inflows of resources 2,340,500 102,289 0 82,562 0 0 2,525,351
<br />Fund balances
<br />Restricted 2,510,380 3,580,098 186,249 1,542,415 9,900,572 3,271,730 20,991,444
<br />Total fund balances 2,510,380 3,580,098 186,249 1,542,415 9,900,572 3,271,730 20,991,444
<br />Total liabilities, deferred inflows
<br /> of resources, and fund balances 4,890,352 3,682,387 186,249 1,628,210 10,126,106 3,271,730
<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.2,399,625
<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. 4,719,547
<br />Total net position 28,110,616
<br />The accompanying notes are an integral part of the financial statements.
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<br />December 9, 2019, Meeting - Item 3CC Agenda - Page 257
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