|
NOTE 5 —CAPITAL ASSETS (CONTINUED)
<br />B. Changes in Capital Assets Used in Business -Type Activities
<br />Balance — Completed
<br />Beginning Construction/
<br />of Year Additions Adjustments
<br />Capital assets, not depreciated
<br />Land $ 1,506,096 $
<br />Construction in progress 8,21 1,825 15,490,352
<br />Total capital assets, not depreciated 9,717,921 15,490,352
<br />Capital assets, depreciated
<br />Buildings and structures
<br />Improvements other than buildings
<br />Machinery and equipment
<br />Water and sewer lines
<br />Total capital assets, depreciated
<br />Less accumulated depreciation on
<br />Buildings and structures
<br />Improvements other than buildings
<br />Machinery and equipment
<br />Water and sewer lines
<br />Total accumulated depreciation
<br />Total capital assets, depreciated, net
<br />Net capital assets
<br />6,1 77,522
<br />20,622,723 1,618,170
<br />1,3 83,729 419,987
<br />66,785,604 9,202,575
<br />94,969,578 11,240,732
<br />$
<br />(1,264,747)
<br />(1,264,747)
<br />646,148
<br />6,019
<br />618,599
<br />1,270,766
<br />$
<br />Deletions
<br />Balance —
<br />End of Year
<br />$ 1,506,096
<br />22,437,430
<br />23,943,526
<br />6,177,522
<br />22,887,041
<br />1,809,735
<br />76,606,778
<br />107,48 1 ,076
<br />(2,234,997) (123,802) - - (2,358,799)
<br />(5,792,188) (473,363) - - (6,265,551)
<br />(756,513) (132,084) (6,019) - (894,616)
<br />(22,548,650) (1,535,899) - - (24,084,549)
<br />(31,332,348) (2,265,148) (6,019) - (33,603,515)
<br />63,637,230 8,975,584 1,264,747 - 73,877,561
<br />$73,355,151 $ 24,465,936 $ - $ - $ 97,821,087
<br />C. Depreciation Expense by Function
<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 />NOTE 6 — LONG-TERM DEBT
<br />A. Components of Long -Term Debt
<br />Original Issue
<br />$ 857,093
<br />707,196
<br />3,731,480
<br />548,696
<br />$ 5,844,465
<br />$ 1,045,627
<br />698,160
<br />30,735
<br />490,626
<br />$ 2,265,148
<br />Interest Rate Issue Date
<br />Final Balance —
<br />Maturity Date End of Year
<br />Governmental activities
<br />Bonds payable
<br />General Obligation Improvement Bonds
<br />Series 201113 $ 3,090,000 2.00-2.70% 12/29/2011 12/15/2025 $ 310,000
<br />Series 201 5A $ 3,880,000 2.00-3.50% 6/15/2015 12/1/2035 2,465,000
<br />Series 201513 $ 1,205,000 2.00-2.25% 6/15/2015 12/1/2025 130,000
<br />Series 2016A $ 1,650,000 2.00% 7/21/2016 12/15/2026 345,000
<br />Series 201 7A $ 895,000 1 _ 1 5-2.5091 8/1 7/201 7 1 2/1 5/2027 280,000
<br />Series 201 8A $ 1,175,000 3 _00% 7/1 7/201 8 12/15/2028 500,000
<br />Series 20203. $ 9,055,000 1 _00-1 _65'/0 12/30/2020 12/15/2041 9,055,000
<br />Series 2021 A $ 9,845,000 2.00-3.00% 1 0/1 9/2021 1 2/1 5/203 1 7,285,000
<br />Series 20223. $ 10,765,000 5.00% 12/6/2022 12/15/2037 9,755,000
<br />Series 2023A $ 6,915,000 4.25-5.00"/0 1 1 / 1 5/2023 1 2/ 1 5/203 8 6,615,000
<br />Total general obligation improvement bonds 36,740,000
<br />Capital Equipment Certificates
<br />Series 2023A $ 1,400,000 5.0041 1 1 /1 5/2023 1 2/1 5/2033 1,295,000
<br />1Jnamortized bond premiums
<br />Compensated absences payable
<br />Net pension liability
<br />Total OPEB liability
<br />Total governmental activities
<br />Business -type act ivites
<br />Net pension liability
<br />Total government and business -type activities
<br />1,915,176
<br />1,270,328
<br />5,448,915
<br />1,379,460
<br />48,048,879
<br />370,664
<br />$ 48,419,543
<br />76
<br />
|