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NOTE 5 <br />CITY OF ELK RIVER <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />YEAR ENDING DECEMBER 31, 2016 <br />CAPITAL ASSETS (CONTINUED) <br />Depreciation expense was charged to functions/programs of the primary government and <br />component unit as follows: <br />Governmental Activities: <br />General Government $ 293,322 <br />Public Safety 722,243 <br />Public Works 3,021,695 <br />Culture and Recreation 1,147,143 <br />Total Depreciation Expense, Governmental Activities $ 5,184,403 <br />Business -Type Activities: <br />Electric $ 2,005,093 <br />Water 1,148, 310 <br />Sewer 983,689 <br />Storm Water 447,535 <br />Liquor 121,100 <br />Total Depreciation Expense, Business -Type Activities $ 4,705,727 <br />Component Unit <br />Housing and Redevelopment Authority $ 11,619 <br />NOTE 6 INTERFUND RECEIVABLES, PAYABLES, AND TRANSFERS <br />The composition of interfund balances as of December 31, 2016 is as follows: <br />Due to/from other funds <br />Receivable Fund <br />General <br />General <br />General <br />Pavement ManagemoFunds <br />Nonmajor Governm <br />Sewer <br />Sewer <br />Garbage <br />Storm Water <br />Electric <br />Electric <br />Electric <br />Electric <br />Electric <br />Water <br />Water <br />Pavable Fund <br />Nonmajor Governmental Funds <br />Electric <br />Water <br />Electric <br />Nonmajor Governmental Funds <br />Nonmajor Governmental Funds <br />Electric <br />Electric <br />Electric <br />General <br />Pavement Management <br />Sewer <br />Garbage <br />Storm Water <br />General <br />Nonmajor Governmental Funds <br />Amount <br />$ 11,923 <br />174,290 <br />23,596 <br />266,738 <br />1,541,748 <br />171,800 <br />165,493 <br />111,086 <br />37,932 <br />5,780 <br />2,172 <br />509 <br />1,060 <br />895 <br />439 <br />428,850 <br />$ 2,944,311 <br />The interfund receivable/payable balances result from the distribution of utility collections <br />and the lending/borrowing between funds for operating or capital purposes. <br />(53) <br />