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NOTE 4 — CAPITAL ASSETS <br />A. Changes in Capital Assets Used in Governmental Activities <br />B. Changes in Capital Assets Used in Business -Type Activities <br />Balance — <br />Balance — <br />Beginning Balance — <br />Completed <br />of Year Additions Construction Deletions End of Year <br />Capital assets, not depreciated <br />Land $6,772,024 $ - $ - $ - $6,772,024 <br />Construction in progress 4,153,721 2,631,161 (1,701,077) - 5,083,805 <br />Capital assets, depreciated <br />Buildings and structures 25,763,775 - - (15,500) 25,748,275 <br />Improvements other than buildings 7,346,628 - - (7,723) 7,338,905 <br />Office equipment 691,719 - - (8,251) 683,468 <br />Motor vehicles 3,766,466 184,030 - (145,799) 3,804,697 <br />Machinery and equipment 4,694,542 28,215 - (9,984) 4,712,773 <br />Infrastructure 25,412,900 526,722 1,701,077 - 27,640,699 <br />Total capital assets 78,601,775 3,370,128 - (187,257) 81,784,646 <br />Less accumulated depreciation on <br />Buildings and structures (3,878,758) (547,784) - 1,551 (4,424,988) <br />Improvements other than buildings (1,663,331) (406,567) - 5,407 (2,064,471) <br />Office equipment (234,716) (34,742) - 7,427 (262,031) <br />Motor vehicles (2,324,522) (321,588) - 145,799 (2,500,312) <br />Machinery and equipment (2,005,754) (278,036) - 7,768 (2,276,023) <br />Infrastructure (4,600,373) (1,017,605) - - (5,617,978) <br />Total accumulated depreciation (14,707,454) (2,606,322) - 167,952 (17,145,824) <br />Net capital assets $63,894,321 $763,806 $ ($19,305) $64,638,822 <br />Beginning Balance — <br />Completed <br />of Year Additions Construction Deletions End of Year <br />Capital assets, not depreciated <br />Land $868,513 $ - $ - $ - $ 868,513 <br />Construction in progress 123,781 373,055 (123,781) - 373,055 <br />Capital assets, depreciated <br />Buildings and structures 6,058,847 - - - 6,058,847 <br />Improvements other than buildings 11,445,595 26,648 123,781 - 11,596,024 <br />Machinery and equipment 540,275 - - - 540,275 <br />Water and sewer lines 45,346,485 - - - 45,346,485 <br />Total capital assets 64,383,496 399,703 - - 64,783,199 <br />Less accumulated depreciation on <br />Buildings and structures <br />Improvements other than buildings <br />Machinery and equipment <br />Water and sewer lines <br />Total accumulated depreciation <br />(773,805) <br />(1,878,384) <br />(184,760) <br />(9,798,455) <br />(12,635,404) <br />75 <br />(121,423) <br />(249,860) <br />(25,468) <br />(907,177) <br />(1,303,928) <br />- - (895,228) <br />- - (2,128,244) <br />- - (210,228) <br />- - (10,705,631) <br />- - (13,939,331) <br />Net capital assets $51,748,092 $ (904,225) $ $ $ 50,843,868 <br />