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Louisville Housing Authority Agenda and Packet 2013 07 25 - 2012 Audit Rpt
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Louisville Housing Authority Agenda and Packet 2013 07 25 - 2012 Audit Rpt
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3/10/2021 3:18:06 PM
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8/23/2013 9:54:53 AM
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City Council Records
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Boards Commissions Committees Records
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LHAPKT 2013 07 25 - 2012 Audit Rpt
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East Street Limited Partnership <br /> Statements of Operations and Partners' Equity <br /> Years Ended December 31, 2012 and 2011 <br /> 2012 2011 <br /> Operations <br /> Revenue <br /> Tenant rent,net of vacancies $ 95,727 . $ 103,319 <br /> Rental assistance payments 90,120 82,180 <br /> Tenant charges 3,955 2,803 <br /> Other income 119 30 <br /> 189,921 188,332 <br /> Expenses <br /> Maintenance and operating 31,294 32,272 <br /> Utilities 16,180 15,078 <br /> Administrative 30,678 26,246 <br /> Insurance 15,620 11,914 <br /> Interest 85,375 86,260 <br /> Depreciation and amortization 113,550 113,550 <br /> 292,697 285,320 <br /> Net Loss $ (102,776) $ (96,988) <br /> Partners'Equity <br /> General Limited <br /> Partner Partner Total <br /> Balance, December 31,2010 $ 322,582 $ 102,956 $ 425,538 <br /> Net loss (10) (96,978) (96,988) <br /> Balance, December 31,2011 322,572 5,978 328,550 <br /> Net loss (10) (102,766) (102,776) <br /> Balance(Deficit), December 31,2012 $ 322,562 $ (96,788) $ 225,774 <br /> See Notes to Financial Statements 4 <br />
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