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CITY OF FALCON HEIGHTS, MINNESOTA
<br />NOTES TO THE FINANCIAL STATEMENTS
<br />For the Year Ended December 31, 2003
<br />NOTE 3 -DETAILED NOTES ON ALL FUNDS
<br />C. Capital Assets
<br />Capital asset activity for the year ended December 31, 2003 was as follows:
<br />Governmental Activities:
<br />Capital Assets, not Being Depreciated:
<br />Land
<br />Infrastructure
<br />Total Capital Assets, not
<br />Being Depreciated
<br />Capital Assets, Being Depreciated:
<br />Buildings
<br />• Improvements Other Than Buildings
<br />Machinery and Equipment
<br />Total Capital Assets
<br />Being Depreciated
<br />Less Accumulated Depreciation for:
<br />Beginning Ending
<br />Balance Increases Decreases Balance
<br />$ 416,707 $ 3,000 $ - $ 419,707
<br />4,703,061 - - 4,703,061
<br />5,119,768 3,000 - 5,122,768
<br />1,273,255 - - 1,273,255
<br />168,564 - - 168,564
<br />1,072,079 70,714 (55,433) 1,087,360
<br />2,513,898 70,714 (55,433) 2,529,179
<br />Buildings (572,352) (35,097) - (607,449)
<br />Improvements Other Than Buildings (148 995) (3,305) - (152,300)
<br />Machinery and Equipment (535,922) (74,906) 50,855 (559,973)
<br />Total Accumulated Depreciation (1,257,269) (113,308) 50,855 (1,319,722)
<br />Total Capital Assets, Being Depreciated, Net 1,256,629 (42,594) (4,578) 1,209
<br />457
<br /> ,
<br />Governmental Activities Capital Assets, Net $ 6,376,397 $ (39.594) $ (4,578) $ 6,332,225
<br />•
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