|
CITY OF ORONO
<br />NOTES TO BASIC FINANCIAL STATEMENTS
<br />DECEMBER 31, 2015
<br />
<br />
<br />(40)
<br />
<br />NOTE 4 CAPITAL ASSETS
<br />A. Changes in Capital Assets Used in Governmental Activities
<br />Beginning Ending
<br />Balance Increases Decreases Balance
<br />Governmental Activities:
<br />Capital Assets, Not Being Depreciated:
<br />Land 7,055,379$ -$ -$ 7,055,379$
<br />Construction in progress 3,717,114 1,570,771 4,406,514 881,371
<br />Total Capital Assets, Not Being Depreciated 10,772,493 1,570,771 4,406,514 7,936,750
<br />Capital Assets, Being Depreciated:
<br />Buildings and Building Improvements 6,099,130 3,034,150 - 9,133,280
<br />Improvements Other than Buildings 1,605,085 650,000 - 2,255,085
<br />Equipment and Furniture 3,276,323 357,792 157,763 3,476,352
<br />Streets and Infrastructure 6,323,487 731,078 - 7,054,565
<br />Total Capital Assets, Being Depreciated 17,304,025 4,773,020 157,763 21,919,282
<br />Accumulated Depreciation for:
<br />Buildings and Building Improvements 2,047,248 185,778 - 2,233,026
<br />Improvements Other than Buildings 1,009,828 69,443 - 1,079,271
<br />Equipment and Furniture 1,748,795 271,133 146,619 1,873,309
<br />Streets and Infrastructure 455,270 176,235 - 631,505
<br />Total Accumulated Depreciation 5,261,141 702,589 146,619 5,817,111
<br />Total Capital Assets, Being Depreciated, Net 12,042,884 4,070,431 11,144 16,102,171
<br />Governmental Activities Capital Assets, Net 22,815,377$ 5,641,202$ 4,417,658$ 24,038,921$
<br />B. Changes in Capital Assets Used in Business-Type Activities
<br />Beginning Ending
<br />Balance Increases Decreases Balance
<br />Business-Type Activities:
<br />Capital Assets, Not Being Depreciated:
<br />Land 71,706$ -$ -$ 71,706$
<br />Construction in Progress 519,155 1,118,325 804,301 833,179
<br />Total Capital Assets, Not Being Depreciated 590,861 1,118,325 804,301 904,885
<br />Capital Assets, Being Depreciated:
<br />Land Improvements 13,511 - - 13,511
<br />Buildings and Building Improvements 770,330 - - 770,330
<br />Equipment and Furniture 785,683 43,138 - 828,821
<br />Distribution/Collection System 22,632,685 761,164 - 23,393,849
<br />Total Capital Assets, Being Depreciated 24,202,209 804,302 - 25,006,511
<br />Accumulated Depreciation for:
<br />Land Improvements 4,863 253 - 5,116
<br />Buildings and Building Improvements 298,719 34,741 - 333,460
<br />Equipment and Furniture 442,723 42,031 - 484,754
<br />Distribution/Collection System 8,004,432 362,707 - 8,367,139
<br />Total Accumulated Depreciation 8,750,737 439,732 - 9,190,469
<br />Total Capital Assets, Being Depreciated, Net 15,451,472 364,570 - 15,816,042
<br />Business-Type Activities Capital Assets, Net 16,042,333$ 1,482,895$ 804,301$ 16,720,927$
|