Vermont Housing & Conservation Board - Vermont Legislature

Vermont Housing &Conservation BoardBalance SheetJune 30, 2012General FundsRestricted FundsASSETSCash Accounts $ 6,547,932 $ 1,121,378Due from Other Funds 420,128 785,020Receivables 29,851 48,275Loans Receivables 98,423,324 54,294,585Due from State of Vermont - 2,071,706Grant Reimbursements Receivable - 2,242,032Anticipated Grant Revenues 6,947,193 12,903,806TOTAL ASSETS $ 112,368,428 $ 73,466,802LIABILITIES and FUND EQUITYLIABILITIESAccrued Liabilities and Payables $ 165,136 $ 19,815Due to Other Funds 787,520 417,628Due to the State of Vermont - 2,016,835Deferred Revenue – Grants and Loans 98,423,324 54,050,273Anticipated Grants Committed 6,947,193 12,903,806Long-term Debt - 271,695TOTAL LIABILITIES 106,323,173 69,680,052FUND EQUITYFund BalancesRestricted for Project Commitments 5,910,959 2,948,062Restricted for Programs - 838,688Assigned 73,371 -Unassigned 60,925 -TOTAL FUND EQUITY 6,045,255 3,786,750TOTAL LIABILITIES and FUND EQUITY $ 112,368,428 $ 73,466,802To receive a copy of the audited financial statement, please contact VHCB.10 / Celebrating 25 Years