|
City of Elk River
<br />Notes to Basic Financial Statements
<br />NOTE 7 — CAPITAL ASSETS (CONTINUED)
<br />Primary Government (Continued)
<br />Business -type activities
<br />Capital assets not being depreciated
<br />Land
<br />Construction in progress
<br />Total capital assets not
<br />being depreciated
<br />Capital assets being depreciated
<br />Buildings and improvements
<br />Improvements other than buildings
<br />Equipment and furniture
<br />Intangible assets
<br />Collection and distribution
<br />Total capital assets
<br />being depreciated
<br />Less accumulated depreciation for
<br />Buildings and improvements
<br />Improvements other than buildings
<br />Equipment and furniture
<br />Intangible assets
<br />Collection and distribution
<br />Total accumulated
<br />depreciation
<br />Total capital assets being
<br />depreciated, net
<br />Business -type activities
<br />capital assets, net
<br />Beginning
<br />Ending
<br />Balance
<br />Increases
<br />Decreases
<br />Balance
<br />$ 1,844,071
<br />$ 189,129
<br />$ 108,514
<br />$ 1,924,686
<br />1,209,742
<br />9,425,944
<br />3,392,088
<br />7,243,598
<br />3,053,813
<br />9,615,073
<br />3,500,602
<br />9,168,284
<br />27,902,318
<br />101,411
<br />240,885
<br />27,762,844
<br />255,567
<br />10,692
<br />-
<br />266,259
<br />11,916,424
<br />485,434
<br />257,728
<br />12,144,130
<br />24,971,677
<br />924,188
<br />-
<br />25,895,865
<br />134,340,283
<br />6,097,733
<br />100,972
<br />140,337,044
<br />199,386,269
<br />7,619,458
<br />599,585
<br />206,406,142
<br />11,022,165
<br />859,529
<br />61,657
<br />11,820,037
<br />75,974
<br />15,685
<br />-
<br />91,659
<br />4,626,508
<br />786,243
<br />160,617
<br />5,252,134
<br />1,502,152
<br />668,135
<br />-
<br />2,170,287
<br />70,099,687
<br />3,970,324
<br />94,490
<br />73,975,521
<br />87,326,486
<br />6,299,916
<br />316,764
<br />93,309,638
<br />112,059,783 1,319,542 (282,821) 113,096,504
<br />$ 115,113,596 $ 10,934,615 $ (3,783,423) $ 122,264,788
<br />Depreciation expense was charged to functions/programs of the business -type activities as follows:
<br />Business -type activities
<br />Municipal liquor $ 94,939
<br />Sewer 1,640,094
<br />Storm water 467,396
<br />Electric 2,957,685
<br />Water 1,139,802
<br />Total depreciation expense - business -type activities $ 6,299,916
<br />73
<br />
|