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CITE' OF ELK RIVER, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31, 2011 <br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED <br />Capital asset activity for the HRA component unit for the year ended December 31, 2011 was as follows: <br />Beginning Ending <br />Component Unit Balance Additions Deletions Balance <br />Capital assets not being depreciated: <br />Land $ - $ 257,100 $ - $ 257,100 <br />The HRA owned a downtown building that was originally acquired for redevelopment purposes, but due to structural <br />impairments the building was demolished and the vacant land will now become part of the downtown parking lot. <br />Depreciation expense was charged to functions /programs of the primary government as follows: <br />Governmental activities: <br />General government $ 307,341 <br />Public safety 730,132 <br />Public works 3,334,935 <br />Culture and recreation 1,160,292 <br />Total depreciation expense - governmental activities $ 5,532,700 <br />Business -type activities: <br />Municipal liquor $ 123,130 <br />Sewer 993,043 <br />Water 980,197 <br />Electric 2,041,717 <br />Total depreciation expense - business -type activities $ 4,138,087 <br />Construction commitments <br />At December 31, 2011, the City had a construction project contract in progress. The commitment related to the <br />remaining contract balance is summarized as follows: <br />Project <br />Public Works Facility Expansion <br />49 <br />Spent Remaining <br />to date Commitment <br />$ 698,564 $ 627,561 <br />