Comprehensive Annual Financial Report - Fiscal Year ended 6/30/2017

COMBINING BALANCE SHEET NONMAJOR SPECIAL REVENUE FUNDS June 30, 2017 Housing Community Bond Development Grants Fund Fund Fund ASSETS Cash and cash equivalents - $ 9,826,993 $ - $ Due from other funds 31,584 - - Due from other governmental agencies 1,564,061 - 1,288,027 Accrued interest receivable - - - Other receivables and assets - - - Sales tax receivable 9,899 - 10,942 Loans receivable, net of allowance of $6,637,327 - 35,520,491 25,336,707 Cash and cash equivalents/investments - restricted deposits and bond proceeds - 12,314,726 - Total assets 1,605,544 $ 57,662,210 $ 26,635,676 $ LIABILITIES Accounts payable 389,172 $ 23,592 $ 382,615 $ Accrued salaries and employee payroll taxes 29,210 - 8,259 Sales tax payable 58 - - Loan servicing escrow - - 271,992 Due to other funds 44,918 - 387,289 Total liabilities 463,358 23,592 1,050,155 DEFERRED INFLOWS OF RESOURCES Unearned revenue 1,142,186 - 248,814 Total deferred inflows of resources 1,142,186 - 248,814 FUND BALANCES Nonspendable: Loans receivable - 35,520,491 25,336,707 Restricted: Debt service - - - Public safety - - - Assigned: Subsequent year's appropriation - 9,922,075 - Community devel0pment - 12,196,052 - Disaster recovery - - - Total fund balances - 57,638,618 25,336,707 Total liabilities, deferred inflows of resources and fund balances 1,605,544 $ 57,662,210 $ 26,635,676 $ City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 88 __________________________________________________________

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