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NOTE 4 — CAPITAL ASSETS (CONTINUED)
<br />B. Changes in Capital Assets Used in Business -Type Activities
<br />Balance —
<br />Beginning Balance —
<br />Completed
<br />Construction
<br />of Year _Additions
<br />Capital assets, not depreciated
<br />Land $ 868,513 $ -
<br />Construction in progress 1,199,547 -
<br />Capital assets, depreciated
<br />Buildings and structures 6,058,847 -
<br />Improvements other than buildings 12,986,834 227,498
<br />Machinery and equipment 594,401 45,104
<br />Water and seNwr lines 45,346,485 -
<br />Total capital assets 67,054,627 272,602
<br />Less accumulated depreciation on
<br />Buildings and structures (1,137,410) (121,091)
<br />Improvements other than buildings (2,703, 475) (292,618)
<br />Machinery and equipment (271,349) (-41, 418)
<br />Water and se\\er lines (12,515,025) (904,698)
<br />Total accumulated depreciation (16,627,259) (1,359,825)
<br />Net capital assets
<br />C. Depreciation Expense by Function
<br />Deletions End of Year
<br />$ 868,513
<br />1,199,5-47
<br />6,058,8-47
<br />13 21-4,332
<br />639,505
<br />45,346,485
<br />67,327 229
<br />(1,258,501)
<br />(2,996,093)
<br />(312,767)
<br />(13,419,723)
<br />(17,987,084)
<br />$50, 427,368 $ (1,087 223) $ - $ - $ 49,340,145
<br />Governmental activities
<br />General government
<br />Public safety
<br />Highways and streets
<br />Culture and recreation
<br />Total depreciation expense governmental activities
<br />Business -type activities
<br />Water Utility
<br />Sewer Utility
<br />Street Light Utility
<br />Storm Water Utility
<br />Total depreciation expense business -type activities
<br />$ 890,213
<br />230,395
<br />1,338,295
<br />416,582
<br />$ 2,875,485
<br />$ 623,186
<br />460,839
<br />41,241
<br />234,559
<br />$ 1,359,825
<br />74
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