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Housing and Redevelopment Authority Packet - February 2, 2026
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Housing and Redevelopment Authority Packet - February 2, 2026
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2/3/2026 7:59:05 AM
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2/2/2026
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CITY OF ELK RIVER <br />Balance Sheet <br />December 31, 2025 <br />Fund 910 - HRA <br />Assets <br />910-1000 Cash - HRA 1,769,709.56 <br />910-1190 Loans Receivable 153,650.15 <br />910-1193 Forgivable Loan 75,000.00 <br />910-1194 Allow for Forgivable Loan (75,000.00) <br />910-1195 Note Receivable 400,000.00 <br />910-1310 Due From Other Funds 148,310.75 <br />Total Assets 2,471,670.46 <br />Liabilities <br />910-2020 A/P - HRA 9,252.31 <br />Total Liabilities 9,252.31 <br />Fund Equity <br />910-2400 Fund Balance 2,176,896.63 <br />Revenues over Expenditures - YTD 285,521.52 <br />Total Fund Equity 2,462,418.15 <br />Total Liabilities & Equity 2,471,670.46 <br />Page 8 of 32
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