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City of Orono, Minnesota
<br />Notes to the Financial Statements
<br />December 31, 2022
<br />Note 3: Detailed Notes on All Funds (Continued)
<br />Depreciation expense was charged to functions of the governmental activities as follows:
<br />Governmental Activities
<br />General Government 233,794$
<br />Public Safety 230,969
<br />Public Works 551,667
<br />Culture and Recreation 89,456
<br />Total Depreciation Expense - Governmental Activities 1,105,886$
<br />Beginning Ending
<br />Balance Increases Decreases Balance
<br />Business-type Activities
<br />Capital Assets not Being Depreciated
<br />Land 86,074$ -$ -$ 86,074$
<br />Construction in progress 245,058 1,178,177 (245,059) 1,178,176
<br />Total Capital Assets not
<br />Being Depreciated 331,132 1,178,177 (245,059) 1,264,250
<br />Capital Assets Being Depreciated
<br />Buildings and systems 1,703,811 - - 1,703,811
<br />Land Improvements 7,143 - - 7,143
<br />Machinery and equipment 1,239,195 - - 1,239,195
<br />Distribution/collection system 29,347,293 646,196 - 29,993,489
<br />Total Capital Assets
<br />Being Depreciated 32,297,442 646,196 - 32,943,638
<br />Less Accumulated Depreciation for
<br />Buildings and systems (696,642) (70,541) - (767,183)
<br />Land Improvements (7,409) (253) - (7,662)
<br />Machinery and equipment (683,303) (62,236) - (745,539)
<br />Distribution/collection system (11,101,787) (549,572) - (11,651,359)
<br />Total Accumulated Depreciation (12,489,141) (682,602) - (13,171,743)
<br />Total Capital Assets Being
<br />Depreciated, Net 19,808,301 (36,406) - 19,771,895
<br />Business-type Activities
<br />Capital Assets, Net 20,139,433$ 1,141,771$ (245,059)$ 21,036,145$
<br />68 114
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