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NOTE 4 – CAPITAL ASSETS
<br />A.Changes in Capital Assets Used in Governmental Activities
<br />Balance –
<br />BeginningBalance –
<br />Completed
<br />of YearAdditionsDeletionsEnd of Year
<br />Construction
<br />Capital assets, not depreciated
<br />Land $-6,772,024 -6,772,024
<br />$$$
<br /> $ -
<br />Construction in progress649,547 2,809,924 (1,777,503)
<br /> - 1,681,968
<br />Capital assets, depreciated
<br />Buildings and structures 25,748,275 33,853
<br /> 8 54,546 - 26,636,674
<br />Improvements other than buildings 10,898,296 231,652 308,328 (52,500)11,385,776
<br />Office equipment 683,468 - 657,196
<br /> - (26,272)
<br />Motor vehicles 3,882,172 86,715 3,886,182
<br /> - (82,705)
<br />Machinery and equipment 4,846,837 526,808 614,6295,755,478
<br /> ( 232,796)
<br />Infrastructure28,922,328 -
<br /> - - 28,922,328
<br />Total capital assets82,402,947 3,688,95285,697,626
<br /> - ( 394,273)
<br />Less accumulated depreciation on
<br />Buildings and structures (4,970,503) (563,268)
<br /> - - (5,533,771)
<br />Improvements other than buildings (2,647,409) (608,896)(3,205,814)
<br /> - 50,491
<br />Office equipment (295,853) (33,056) (305,503)
<br /> - 23,406
<br />Motor vehicles (2,725,432) (275,291)(2,918,018)
<br /> - 82,705
<br />Machinery and equipment (2,550,219) (350,249)(2,671,599)
<br /> - 2 28,869
<br />Infrastructure (6,684,275) (1,066,045)
<br /> - - (7,750,320)
<br />Total accumulated depreciation(19,873,691) (2,896,805) (22,385,025)
<br /> - 385,471
<br />Net capital assets$62,529,256$ 792,147$ -$ (8,802)$63,312,601
<br />B.Changes in Capital Assets Used in Business-Type Activities
<br />Balance –
<br />BeginningBalance –
<br />Completed
<br />of YearAdditionsDeletionsEnd of Year
<br />Construction
<br />Capital assets, not depreciated
<br />Land 868,513$ $ - -$ -$ 868,513
<br />Construction in progress 1,199,546- -- 1,199,546
<br />Capital assets, depreciated
<br />Buildings and structures 6,058,847--- 6,058,847
<br />Improvements other than buildings 12,958,987 139,848- 12,986,835
<br /> ( 112,000)
<br />Machinery and equipment 540,275 54,746- 594,401
<br /> ( 620)
<br />Water and sewer lines 45,346,485 ---45,346,485
<br />Total capital assets 65,773,107 1,394,140- 67,054,627
<br /> ( 112,620)
<br />Less accumulated depreciation on
<br />Buildings and structures (1,016,319) (121,091)--(1,137,410)
<br />Improvements other than buildings (2,416,257) (399,219) (2,703,476)
<br />- 1 12,000
<br />Machinery and equipment (235,627) (36,342)- 620 (271,349)
<br />Water and sewer lines (11,610,328) (904,697) - -(12,515,025)
<br />Total accumulated depreciation(15,278,531) (1,461,349) (16,627,260)
<br /> - 112,620
<br />Net capital assets$ (67,209)50,494,576$ $ 50,427,367-$
<br />$ -
<br />Page 75
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