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CITY OF ELK RIVER, MINNESOTA <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />DECEMBER 31, 2020 <br />NOTE 5 CAPITAL ASSETS (CONTINUED) <br />COMPONENT UNIT <br />Capital Assets, Not Being Depreciated: <br />Land <br />Capital Assets, Being Depreciated: <br />Other Improvements <br />Accumulated Depreciation for: <br />Other Improvements <br />Total Capital Assets, Being Depreciated, Net <br />Component Unit Capital Assets, Net <br />Beginning Ending <br />Balance Increases Decreases Balance <br />$ 257,100 $ $ $ 257,100 <br />174,290 174,290 <br />(82,302) (11,621) (93,923) <br />91,988 (11,621) 80,367 <br />$ 349,088 $ (11,621) $ $ 337,467 <br />Depreciation expense was charged to functions/programs of the primary government and <br />component unit as follows: <br />Governmental Activities: <br />General Government <br />$ <br />138,420 <br />Public Safety <br />596,408 <br />Public Works <br />3,344,915 <br />Culture and Recreation <br />1,393,593 <br />Total Depreciation Expense, Governmental Activities <br />$ <br />5,473,336 <br />Business -Type Activities: <br />Electric <br />$ <br />2,896,839 <br />Water <br />1,133,179 <br />Sewer <br />1,636,413 <br />Storm Water <br />463,058 <br />Liquor <br />95,998 <br />Total Depreciation Expense, Business -Type Activities <br />$ <br />6,225,487 <br />Component Unit: <br />Housing and Redevelopment Authority <br />$ <br />11,621 <br />(53) <br />