Laserfiche WebLink
LOUISVILLE HOUSING AUTHORITY (LHA) BOARD <br />FINANCIAL REPORT - MAY 2013 - JUNE 2013 <br />Overview <br />Louisville Housing Authority has one component unit (CU), Sunnyside a.k.a. East Street Limited <br />Partnership. LHA's assets are current and non-current. Total current assets are $2.0 million, composed <br />of cash, receivables and prepaid expenses. Non-current assets are primarily fixed property assets for <br />land, buildings and accumulated depreciation, totaling $1.4 million. Total liabilities include primarily <br />notes and mortgages payable, are $91,933. The Equity position of LHA includes retained earnings and <br />net income, totaling $1.9 million <br />In May and June there were no significant material financial transactions to the balance sheet to report. <br />LOUISVILLE HOUSING AUTHORITY FINANCIAL STATEMENTS <br />HMS system generated reports are included in this packet for both May and June. <br />Louisvile Housing Authority <br />CURRENT ASSETS <br />13-May 13-Jun <br />Cash and Cash Equivalents <br />Unrestricted Cash and Investments 143,673 142,602 <br />376,011 376,043 <br />519,684 518,645 <br />11,951 12,259 <br />70,514 70,514 <br />82,465 82,773 <br />7,462 <br />7,462 <br />Restricted Cash- Other <br />Total Cash and Cash Equivalents <br />Accounts Receivable <br />Accounts Receivable <br />Accrued Interest Receivable <br />TotalAR <br />Prepaid Expense <br />Prepaid Insurance <br />Total Prepaid Expense <br />Amortization of Deferred financing <br />costs <br />Due from Other Entities 14,381 16,046 <br />Total Current Assets 623,991 617,464 <br />NON CURRENT ASSETS <br />Fixed Assets <br />Property and Equipment <br />Less Accumulated Depreciation/ <br />Amortization <br />935,324 935,324 <br />(467,738)(467,443) <br />Change: <br />May-June <br />(1,071) <br />32 <br />(1,039) <br />308 <br />308 <br />(7,462) <br />(7,462) <br />1,665 <br />(6,528) <br />295 <br />15