Note 10 Capital Assets
Capital asset activity for the year was as follows:
Beginning | Ending | |||
---|---|---|---|---|
Balance | Additions | Retirements | Balance | |
Governmental Activities | ||||
Capital Assets not being Depreciated: | ||||
Land | $ 863,602 | $ 51,546 | $ 3,394 | $ 911,754 |
Construction in Progress-Infrastructure | 997,893 | 445,367 | 166,653 | 1,276,607 |
Construction in Progress | 250,443 | 451,868 | 242,040 | 460,271 |
Total Capital Assets not being Depreciated | 2,111,938 | 948,781 | 412,087 | 2,648,632 |
Other Capital Assets: | ||||
Buildings | 2,357,825 | 242,040 | 60,649 | 2,539,216 |
Improvements Other than Buildings | 295,720 | 33,485 | 17,815 | 311,390 |
Equipment | 1,351,275 | 68,999 | 67,057 | 1,353,217 |
Infrastructure | 9,050,755 | 166,653 | - | 9,217,408 |
Total Other Capital Assets at Historical Cost | 13,055,575 | 511,177 | 145,521 | 13,421,231 |
Less: Accumulated Depreciation For: | ||||
Buildings | 1,656,466 | 63,480 | 60,649 | 1,659,297 |
Improvements Other than Buildings | 250,284 | 15,749 | 17,815 | 248,218 |
Equipment | 803,917 | 165,579 | 74,741 | 894,755 |
Infrastructure | 3,331,042 | 404,614 | - | 3,735,656 |
Total Accumulated Depreciation | 6,041,709 | 649,422 | 153,205 | 6,537,926 |
Other Capital Assets, Net | 7,013,866 | (138,245) | (7,684) | 6,883,305 |
Governmental Activities, Capital Assets, Net | $ 9,125,804 | $ 810,536 | $ 404,403 | $ 9,531,937 |
* Depreciation expense was charged to functions as follows: | ||||
Governmental Activities: | ||||
Legislative | $ 5,323 | |||
General Government | 42,896 | |||
Regulation and Protection | 30,203 | |||
Conservation and Development | 11,217 | |||
Health and Hospitals | 10,947 | |||
Transportation | 455,960 | |||
Human Services | 3,141 | |||
Education, Libraries and Museums | 32,188 | |||
Corrections | 33,934 | |||
Judicial | 13,767 | |||
Capital assets held by the government's internal | ||||
service funds are charged to the various functions | ||||
based on the usage of the assets | 9,846 | |||
Total Depreciation Expense | $ 649,422 |
Beginning | Ending | |||
---|---|---|---|---|
Balance | Additions | Retirements | Balance | |
Business-Type Activities | ||||
Capital Assets not being Depreciated: | ||||
Land | $ 43,654 | $ 1,122 | $ 2 | $ 44,774 |
Construction in Progress | 385,252 | 300,706 | 400,819 | 285,139 |
Total Capital Assets not being Depreciated | 428,906 | 301,828 | 400,821 | 329,913 |
Capital Assets being Depreciated: | ||||
Buildings | 1,973,763 | 440,002 | 7,285 | 2,406,480 |
Improvements Other Than Buildings | 316,956 | 46,292 | 1,254 | 361,994 |
Equipment | 666,786 | 79,888 | 26,540 | 720,134 |
Total Other Capital Assets at Historical Cost | 2,957,505 | 566,182 | 35,079 | 3,488,608 |
Less: Accumulated Depreciation For: | ||||
Buildings | 630,332 | 69,815 | 5,631 | 694,516 |
Improvements Other Than Buildings | 117,208 | 15,338 | 600 | 131,946 |
Equipment | 329,277 | 55,475 | 20,259 | 364,493 |
Total Accumulated Depreciation | 1,076,817 | 140,628 | 26,490 | 1,190,955 |
Other Capital Assets, Net | 1,880,688 | 425,554 | 8,589 | 2,297,653 |
Business-Type Activities, Capital Assets, Net | $ 2,309,594 | $ 727,382 | $ 409,410 | $ 2,627,566 |
Component Units
Capital assets of the component units consisted of the following as of June 30, 2003:
Land | $ 27,774 |
Buildings | 189,832 |
Improvements other than Buildings | 362 |
Machinery and Equipment | 235,965 |
Construction in Progress | 36 |
Total Capital Assets | 453,969 |
Accumulated Depreciation | (218,034) |
Capital Assets, net | $ 235,935 |