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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, 2010
<br />(amounts in dollars)
<br />RiverfrontRiverfrontTotal
<br />DebtCapitalSpecialCapitalGovernmental
<br /> General
<br />ServiceProjectsRevenueProjectsFunds
<br />Assets
<br />Equity in pooled cash and investments1,148,4494,598,650238,2653,528,997162,3539,676,714
<br />Cash with fiscal agent500,0000000500,000
<br />Receivables:
<br /> Interest9,62636,87908,019054,524
<br /> Taxes0148,321045,8610194,182
<br /> Accounts54,514000054,514
<br /> Loans and notes1,984,50200001,984,502
<br /> Allowance for uncollectibles(1,090)0000(1,090)
<br />Due from other governments013,04003,787016,827
<br />Assets held for resale538,9280001,867,2322,406,160
<br />Total assets4,234,9294,796,890238,2653,586,6642,029,58514,886,333
<br />Liabilities and Fund Balances
<br />Liabilities
<br />Accounts payable6,43800006,438
<br />Due to other governments32002530285
<br />Deferred revenue1,984,502185,200053,88002,223,582
<br />Total liabilities1,990,972185,200054,13302,230,305
<br />Fundbalances
<br />Fundbalances
<br />Nonspendable538,9280001,867,2322,406,160
<br />Restricted1,705,0294,611,690238,2653,532,531162,35310,249,868
<br />Total fund balances2,243,9574,611,690238,2653,532,5312,029,58512,656,028
<br />Total liabilities and fund balances4,234,9294,796,890238,2653,586,6642,029,585
<br />Reconciliation to the Statement of Net Assets:
<br />The Statement of Net Assets reports receivables at their net realizable value. However, receivables
<br /> not available to pay for current-period expenditures are deferred in governmental funds.2,133,764
<br />Capital assets are not financial resources in governmental funds, but are reported in the
<br /> Statement of Net Assets at their net depreciable value.5,000,946
<br />Total net assets19,790,738
<br />The accompanying notes are an integral part of the financial statements.
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