Laserfiche WebLink
CITY OF ELK RIVER,MINNESOTA <br /> NOTES TO FINANCIAL STATEMENTS <br /> DECEMBER 31,2013 <br /> Note 3: DETAILED NOTES ON ALL FUNDS—CONTINUED <br /> Capital asset activity for the HRA component unit for the year ended December 31,2013 was as follows: <br /> Beginning Ending <br /> Component Unit Balance Additions Deletions Balance <br /> Capital assets not being depreciated: <br /> Land S 257,100 $ $ $ 257,100 <br /> Capital assets being depreciated: <br /> Other improvements 174,290 174290 <br /> Less accumulated depreciation for: <br /> Other improvements 968 11,619 - 12,587 <br /> Total capital assets <br /> being depreciated,net 173,322 (11,619) 161,703 <br /> Component unit <br /> capital assets,net $ 430,422 $ f 11,619) S $ 418,803 <br /> Depreciation expense was charged to functions/programs of the primary government as follows: <br /> Govermnental activities: <br /> General government $ 289,379 <br /> Public safety 608,510 <br /> Public works 3,629,254 <br /> Culture and recreation 1,188,763 <br /> Total depreciation expense-governmental activities $ 56 <br /> Business-type activities: <br /> Municipal liquor $ 124,757 <br /> Sewer 977,931 <br /> Water 1,032,442 <br /> Electric 2,029,496 <br /> Total depreciation expense-business-type activities $ 4,164,626 <br /> D. Interfund Receivables,Payables,and Transfers <br /> The composition of interfund balances as of December 31,2013 is as follows: <br /> Due tolfrom other funds: <br /> Receivable Fund Payable Fund Amount <br /> General Electric $ 58,423 <br /> General Water 13,254 <br /> General Nonmajor governmental funds 8,082 <br /> Garbage Electric 92,162 <br /> Sewer Electric 131,585 <br /> Sewer Nonmajor governmental funds 171,800 <br /> Nonmajor govemmental funds TIF districts 1,247,986 <br /> Nonmajor governmental funds Water 101,143 <br /> Nonmajor governmental funds Electric 268,046 <br /> Nonmajor governmental funds Nonmajor governmental funds 151,814 <br /> Total $ 2,244,295 <br /> 49 <br />