|
NOTE 4—CAPITAL ASSETS (CONTINUED)
<br /> B. Changes in Capital Assets Used in Business-Type Activities
<br /> Balance—
<br /> Beginning Balance—
<br /> of Year Additions Completed Deletions End of Year
<br /> Construction
<br /> Capital assets,not depreciated
<br /> Land $ 868,513 $ $ $ 868,513
<br /> Construction in progress 1,199,547 1,199,547
<br /> Capital assets,depreciated
<br /> Buildings and structures 6,058,847 - 6,058,847
<br /> Improvements other than buildings 12,986,834 227,498 13,214,332
<br /> Machinery and equipment 594,401 45,104 639,505
<br /> Water and sewsr lines 45,346,485 - 45,346,485
<br /> Total capital assets 67,054,627 272,602 67,327,229
<br /> Less accumulated depreciation on
<br /> Buildings and structures (1,137,410) (121,091) (1,258,501)
<br /> Improvements other than buildings (2,703,475) (292,618) (2,996,093)
<br /> Machinery and equipment (271,349) (41,418) (312,767)
<br /> Water and sewer lines (12,515,025) (904,698) (13,419,723)
<br /> Total accumulated depreciation (16,627,259) (1,359,825) (17,987,084)
<br /> Net capital assets $50,427,368 $(1,087,223) $ - $ $ 49,340,145
<br /> C. Depreciation Expense by Function
<br /> Governmental activities
<br /> General government $ 890,213
<br /> Public safety 230,395
<br /> Highways and streets 1,338295
<br /> Culture and recreation 416,582
<br /> Total depreciation expense governmental activities $ 2,875,485
<br /> Business-type activities
<br /> Water Utility $ 623,186
<br /> Sewer Utility 460,839
<br /> Street Light Utility 41241
<br /> Storm Water Utility 234,559
<br /> Total depreciation expense business-type activities $ 1,359,825
<br /> 74
<br />
|