|
NOTE 5 – CAPITAL ASSETS (CONTINUED)
<br />B.Changes in Capital Assets Used in Business-Type Activities
<br />
<br />
<br />
<br />
<br />
<br />C.Depreciation Expense by Function
<br />
<br />
<br />
<br />
<br />
<br />
<br />Governmental activities
<br />General government 839,685$
<br />Public safety 474,125
<br />Highways and streets 3,038,748
<br />Culture and recreation 456,512
<br />Total depreciation expense – governmental activities 4,809,070$
<br />Business-type activities
<br />Water Utility 849,765$
<br />Sewer Utility 678,004
<br />Street Light Utility 31,625
<br />Storm Water Utility 424,079
<br />Total depreciation expense – business-type activities 1,983,473$
<br />Balance –Completed
<br />Beginning Construction/Balance –
<br />of Year Additions Adjustments Deletions End of Year
<br />Land 1,506,096$ -$ $--$ 1,506,096$
<br />Construction in progress 822,975 7,388,850 - - 8,211,825
<br />Total capital assets, not depreciated 2,329,071 7,388,850 - - 9,717,921
<br />Buildings and structures 6,177,522 - - - 6,177,522
<br />Improvements other than buildings 19,676,922 945,801 - - 20,622,723
<br />Machinery and equipment 1,322,965 60,764 - - 1,383,729
<br />Water and sewer lines 63,329,103 3,456,501 - 66,785,604
<br />Total capital assets, depreciated 90,506,512 4,463,066 - - 94,969,578
<br />Buildings and structures (2,111,534) (123,463) --(2,234,997)
<br />Improvements other than buildings (5,364,399) (427,789) -- (5,792,188)
<br />Machinery and equipment (659,711) (96,802) -- (756,513)
<br />Water and sewer lines (21,213,231) (1,335,419) --(22,548,650)
<br />Total accumulated depreciation (29,348,875) (1,983,473) - - (31,332,348)
<br />Total capital assets, depreciated, net 61,157,637 2,479,593 - - 63,637,230
<br />Net capital assets 63,486,708$ 9,868,443$ -$ -$ 73,355,151$
<br />Capital assets, not depreciated
<br />Capital assets, depreciated
<br />Less accumulated depreciation on
<br />76
|