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CITY OF ELK RIVER, MINNESOTA <br />NOTES TO THE FINANCIAL STATEMENTS <br />DECEMBER 31, 2015 <br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED <br />Depreciation expense was charged to functions/programs of the primary government and component unit as follows: <br />Primary Government <br />Governmental activities <br />General government <br />$ 286,600 <br />Public safety <br />693,263 <br />Public works <br />3,070,354 <br />Culture and recreation <br />1,169,125 <br />Total depreciation expense - governmental activities $ 5,219,342 <br />Business -type activities <br />Municipal liquor $ 121,402 <br />Sewer 1,017,240 <br />Storm Water 441,589 <br />Water 1,130,584 <br />Electric 1,922,359 <br />Total depreciation expense - business -type activities $ 4,633,174 <br />Component Unit <br />Housing and Redevelopment Authority $ 11,619 <br />Construction commitments <br />The City has the following construction commitments at December 31, 2015: <br />Spent Remaining <br />Project to date Commitment <br />2015 Street Improvements $ 3,685,933 $ 267,307 <br />Wastewater Treatment Facility Improvements 12,128,251 4,396,949 <br />Total $ 15,814,184 $ 4,664,256 <br />The commitment for the 2015 Street Improvements project is being financed by resources available in the Pavement Management <br />fund, including franchise fees and intergovernmental revenues. The commitment for the Wastewater Treatment Facility <br />Improvements is being funded by bond proceeds which will be repaid by revenues from the Sewer fund. <br />-66- <br />