|
NOTE 4 — INTERFUND RECEIVABLES, PAYABLES, AND TRANSFERS (CONTINUED)
<br />B. Interfund Transfers (Continued) -
<br />The Riverdale Drive Street Improvement Fund was completed and closed and transferred $53,029 to the
<br />Public Improvement Revolving Fund.
<br />The Equipment Revolving Fund transferred $73,288 to the General Fund for capital equipment purchases.
<br />The Capital Equipment 2024 Fund transferred $1,509,275 to the General Fund for capital equipment
<br />purchases.
<br />The Water Utility Fund transferred $55,000 to the General Fund for operating purposes.
<br />The Sewer Utility Fund transferred $49,000 to the General Fund for operating purposes and $7,000,000 to
<br />the Water Utility Fund to assist in funding of the water treatment plant.
<br />The Street Light Utility Fund transferred $29,000 to the General Fund for operating purposes.
<br />The Storm Water Utility Fund transferred $44,000 to the General Fund for operating purposes.
<br />NOTE 5 — CAPITAL ASSETS
<br />A. Changes in Capital Assets Used in Governmental Activities
<br />Balance—
<br />ti eg n ing
<br />otvear
<br />Completed
<br />Co ns urucuiu n/ 13alancc—
<br />ddrcions Adjusnts F>clotions Rnd of Year
<br />Capital assets, not depreciated
<br />Land $ 7,077,591 $ $ - $ 7,077,591
<br />Construction in progress 11,098,499 7,711,579 (6,142,954) - 12,667,124
<br />Total capital assets, not depreciated 18,176,090 7,711,579 (6,142,954) - 19,744,715
<br />Capital assets, depreciated
<br />Buildings and structures 45,725,837 - - 45,725,837
<br />improvements other than buildings 11,896,107 40,134 - - 11,936,241
<br />Office equipment 725,752 - - 725,752
<br />Motor vehicles 4,265,487 1,647,966 (6,019) (399,832) 5,507,602
<br />Machinery and equipment 9,479,279 2,254,405 (68,547) 11,665,137
<br />Infrastructure 60,079,762 7,542,7(17 6,142,954 73,765,423
<br />Total capital assets, depreciated 132.172,224 11,485,212 6,136,935 (468,379) 149,325,992
<br />Less accumulated depreciat ion on
<br />Buildings and structures (11,268,546) (956,404) - - (12,224,950)
<br />Improvements other than buildings (7,798,387) (572,935) 699 - (8,370,623)
<br />Office equipment (639,841) (43,303) (683,144)
<br />Motor vehicles (3,612,890) (481,289) 7,589 399,832 (3,686,758)
<br />Machinery and equipment (5,620,005) (755,432) (2,269) 68,547 (6,309,159)
<br />Infrastructure (23,564,542) (3,035,102) (26,599,644)
<br />Total accumulated depreciation (52,51)4,211) (5.844,465) 6,019 468,379 (57,874,278)
<br />Total capital assets, depreciated, net
<br />79,668,013 5.640,747
<br />Net capital assets $ 97,844,103
<br />6,142,954 - 91,451714
<br />13,352,326 $
<br />$
<br />$ 111,196,429
<br />75
<br />
|