Louisville Housing Authority Agenda and Packet 2013 02 26

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Major Transaction Items in LNA December 2012 Financial Statements LOUISVILLE HOUSING AUTHORITY (LNA) Account Dec Balance Change from Prior Month Source JE # Description of Major Items Changing Balance ASSETS Due from Other Entities $14,381 $0 Balance unchanged in 2012 composed of ~SEL tenant '' service fees LIABILITIES Due to Other $1,435 ~( Governments ($9,834) ~ #36747 f LHA audit fees are paid CREDIT Cash and DEBIT pue ( ~ to for $9,352 EXPENSES legal Expense $7,873 $7,813 #37269 Ailocatian of 4Q legal and professional services for Re al S .DEBIT $5,940 and Lilac Place $2,121 Non Routine Interior Ex enses $2,661 ($14,136)In Nov correction JE reverses expense for $14,136 and routine Dec ex enses total $2,661 Maintenance. Contracts-Flooring_ $4,836 $4;836 #37096 #36875 Fashion Carpet Location 209 DEBIT $4,058 Fashion Car et Location 206 DEBIT $778 NQN OPERATING REVENUE Interest Income $5,648 $5,591 #36594 Interest income ESLP DEBIT $5,591, CREDIT Interest Receivable ESLP $5,591 SUNNYSIDE COMPONENT UNIT OF BHA Account Dec Balance Change from Prior Month Source JE # Description of Major Items Changing Balance ASSETS Cash -Operating $3,402 ($14,551)#36716 2011 audit fees not transferred paid CREDIT $6,500 October Management Fee paid CREDIT $3,089 DSO interface with tenant AR Returned checks CREDIT $678 Routine Invoices aid in month CREDIT $4,284 Deferred Tax Credit Accumulated Amort. $0 ($6,324)GASB Cost alloca4ion entries terminated after Nov Deferred financing GOStS $0 ($2,324)GASB Cost allocation entries terminated after Nov LIABILITIES Accounts Pa able $1,981 $11,238 #37174 Invoices aid DEBIT $10,819 Deferred Interest Pa able $70,514 $5,595 #36593 Deferred Interest Expensed for Location 202, DEBIT $5,595 __ __ ___ Due to Other Governments $1,768 ($7,993)#36716 #38719 #37192 2011 audit fees paid DEBIT $6,600 Oct Management Fees paid DEBIT $3,089 Dec Management Fee Liabilit CREDIT $1,595____ –EXPENSE ---- —--