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CITY OF ELK RIVER, MINNESOTA <br />NOTES TO THE FINANCIAL STATEMENTS <br />DECEMBER 31, 2017 <br />49 <br />NOTE 5: CAPITAL ASSETS - CONTINUED <br />Capital asset activity for the HRA component unit for the year ended December 31, 2017 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 />Capital assets being depreciated: <br />Other improvements 174,290 - - 174,290 <br />Less accumulated depreciation for: <br />Other improvements 47,445 11,620 - 59,065 <br />Total capital assets <br /> being depreciated, net 126,845 (11,620) - 115,225 <br />Component unit <br /> capital assets, net 383,945$ (11,620)$ -$ 372,325$ <br />Depreciation expense was charged to functions/programs of the primary government as follows: <br />Governmental activities: <br />General government 294,731$ <br />Public safety 766,103 <br />Public works 3,200,732 <br />Culture and recreation 1,067,515 <br />Total depreciation expense - governmental activities 5,329,081$ <br />Business-type activities: <br />Municipal liquor 119,186$ <br />Sewer 1,568,622 <br />Storm Water 452,828 <br />Water 1,191,894 <br />Electric 2,046,935 <br />Total depreciation expense - business-type activities 5,379,465$ <br />The City has the following construction commitments at December 31, 2017: <br />Spent Remaining <br />to date Commitment <br />2017 Street Improvements 4,125,098$ 41,668$ <br />Wastewater Treatment Facility Improvements 16,411,735 195,573 <br />Total 20,536,833$ 237,241$ <br />Project