|
<br />CITY OF ELK RIVER, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />DECEMBER 31,2005
<br />
<br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED
<br /> Beginning Ending
<br />Primary Government Balance Additions Deletions Balance
<br />Business-type activities:
<br />Capital assets not being depreciated:
<br />Land $ 1,442,669 $ $ $ 1,442,669
<br />Construction in progress 1,030,122 3,308,819 (3 ,222,415) 1,116,526
<br />Total capital assets
<br />not being depreciated 2,4 72, 791 3,308,819 (3 ,222,415) 2,559,195
<br />Capital assets being depreciated:
<br />Buildings 13,572,278 1,678,671 (25,924) 15,225,025
<br />Equipment 647,904 133,479 (129,057) 652,326
<br />Collection and distribution 76,109,528 5,220,491 81,330,019
<br />Total capital assets
<br />being depreciated 90,329,710 7,032,641 (154,981) 97,207,370
<br />Less accumulated depreciation for:
<br />Buildings 4,466,557 469,301 (21,416) 4,914,442
<br />Equipment 275,688 63,711 (64,532) 274,867
<br />Collection and distribution 21 ,594,424 2,732,532 24,326,956
<br />Total accumulated depreciation 26,336,669 3,265,544 (85,948) 29,516,265
<br />Total capital assets
<br />being depreciated, net 63,993,041 3,767,097 (69,033) 67,691,105
<br />Business-type activities
<br />capital assets, net $ 66.465.832 $ 7.075.916 $(3 .291.448) $ 70.250.300
<br />
<br />Depreciation expense was charged to functions/programs of the primary government as follows:
<br />
<br />Governmental activities:
<br />General government
<br />Public safety
<br />Public works
<br />Culture and recreation
<br />
<br />$ 283,426
<br />650,058
<br />2,632,011
<br />395,984
<br />
<br />Total depreciation expense - governmental activities
<br />
<br />$ 3.961.479
<br />
<br />Business-type activities:
<br />Municipal liquor
<br />Sewer
<br />Water
<br />Electric
<br />
<br />$ 139,907
<br />767,400
<br />790,454
<br />1,553,663
<br />
<br />Total depreciation expense - business-type activities
<br />
<br />$ 3.251.424
<br />
<br />45
<br />
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />
|