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Item 4: Resolution on Receipt of FY11 URA Annual Financial Report
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Item 4: Resolution on Receipt of FY11 URA Annual Financial Report
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1/9/2012
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Exhibit 2 <br />Urban Renewal Agency of the City of Eugene, Oregon <br />Statement of Activities <br />For the fiscal year ended June 30, 2011 <br />(amounts in dollars) <br /> Net Expense <br />and Changes <br />Program Revenuesin Net Assets <br />Fees, <br />Fines, andOperatingCapital <br />Charges forGrants andGrants and <br />ExpensesServicesContributionsContributionsTotal <br />Functions/Programs <br />Governmental activities: <br /> Urban renewal redevelopment20,016,7911,352,81704,149,682(14,514,292) <br />Total governmental activities20,016,7911,352,81704,149,682(14,514,292) <br />General revenues: <br /> Property taxes2,657,872 <br /> Unrestricted investment earnings149,078 <br /> Total general revenues2,806,950 <br /> Change in net assets(11,707,342) <br />Net assets, July 1, 201019,790,738 <br />Net assets, July 1, 20118,083,396 <br />The accompanying notes are an integral part of the financial statements. <br />14 <br />
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