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Louisville Housing Authority
<br />Management's Discussion and Analysis
<br />December 31, 2013
<br />Long -Term Liabilities
<br />Deferred developer fee payable
<br />Due to primary government
<br />Notes, mortgages and bonds payable - net of current
<br />portion - 226,087 (226,087)
<br />Total Long -Tenn Liabilities 226,087 (226,087)
<br />Total Liabilities 273,232 (273,232)
<br />Net Position
<br />Invested in capital assets, net of related debt - 825,809 (825,809)
<br />Restricted -
<br />Unrestricted - 1,342,953 (1,342,953)
<br />Total Net Position 2,168,762 (2,168,762)
<br />Total Liabilities and Net Position $0 $2,441,994 ($2,441,994)
<br />East Street Limited Partnership LLC — Component tinit
<br />East Street Limited Partnership LLC is a discrete presented component unit of LHA. Similar to the primary
<br />government entity, all December 31, 2012 ending balances are transferred to BCHA in 2013. The result is $0
<br />ending balances for all assets, liabilities and net position on December 31, 2013.
<br />Statement of Net Position - LHA Component Unit - East Street Limited Partnership LLC (ESLP)
<br />Assets
<br />Current Assets
<br />Cash and cash equivalents
<br />Restricted cash tenant deposits
<br />Restricted cash and Cash equivalents
<br />Accounts receivable:
<br />Tenants
<br />Total Current Assets
<br />Other assets, less accumulated amortization of
<br />$18,491
<br />Capital Assets
<br />Non - depreciable
<br />Depreciable, net
<br />Total Capital Assets
<br />Total Assets
<br />2013 - ESLP 2012 - ESLP
<br />Component Unit Component Unit
<br />$0
<br />Change
<br />$3,402 ($3,402)
<br />5,300 (5,300)
<br />87,144 (87,144)
<br />95,846 (95,846)
<br />7,051 (7,051)
<br />84,990 (84,990)
<br />1,727,738 (1,727,738)
<br />1,812,728 (1,812,728)
<br />$1,915,625 $(1,915,625)
<br />18
<br />8
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