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NOTE 5 — CAPITAL ASSETS (CONTINUED) <br />B. Changes in Capital Assets Used in Business -Type Activities <br />Capital assets, not depreciated <br />Land <br />Construction in progress <br />Total capital assets, not depreciated <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 />Balance - <br />Beginning <br />of Year <br />Completed <br />Construction/ <br />Additions Adjustments <br />$ 1,506,096 $ — $ — $ <br />22,437,430 12,146,998 (538,715) <br />23,943,526 12,146,998 (538,715) <br />6,177,522 <br />22,887,041 <br />1,809,735 <br />76,606,778 <br />107,481,076 <br />(2,358,799) <br />(6,265,551) <br />(894,616) <br />(24,084,549) <br />(33,603,515) <br />2,304,767 <br />1,033,827 <br />3,487,949 <br />6,826,543 <br />(123,463) <br />(527,982) <br />(163,328) <br />(1,603,461) <br />(2,418,234) <br />73,877,561 4,408,309 <br />$ 97,821,087 $ 16,555,307 $ <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 — governmental activities <br />Business -type activities <br />Water utility <br />Sewer utility <br />Street light utility <br />Storm water utility <br />Total depreciation — business -type activities <br />492,677 <br />46,038 <br />538,715 <br />Balance - <br />Deletions End ofYear <br />— $ 1,506,096 <br />— 34,045,713 <br />35,551,809 <br />6,177,522 <br />25,684,485 <br />(532,173) 2,311,389 <br />80,140,765 <br />(532,173) 114,314,161 <br />335,303 <br />335,303 <br />538,715 (196,870) 78,627,715 <br />$ (196,870) $ 114,179,524 <br />$ 830,460 <br />671,675 <br />4,419,375 <br />644,476 <br />$ 6,565,986 <br />$ 1,074,471 <br />750,634 <br />30,651 <br />562,478 <br />$ 2,418,234 <br />(2,482,262) <br />(6,793,533) <br />(722,641) <br />(25,688,010) <br />(35,686,446) <br />76 <br />