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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2015
<br />
<br />48
<br />
<br />Note 3 CAPITAL ASSETS (CONTINUED)
<br />Beginning Ending
<br />Balance Increases Decreases Transfers Balance
<br />Business-Type Activities:
<br />Capital Assets, Not Being Depreciated:
<br />Construction in Progress -$ 1,830,071$ -$ -$ 1,830,071$
<br />Total Capital Assets, Not Being Depreciated - 1,830,071 - - 1,830,071
<br />Capital Assets, Being Depreciated:
<br />Buildings 48,690 - - (48,690) -
<br />Machinery and Shop Equipment 545,511 15,103 (66,174) (45,285) 449,155
<br />Water and Sewer Lines 41,495,364 1,467,043 - 93,975 43,056,382
<br />Total Capital Assets, Being Depreciated 42,089,565 1,482,146 (66,174) - 43,505,537
<br />Accumulated Depreciation for:
<br />Buildings (48,690) - - 48,690 -
<br />Machinery and Shop Equipment (334,484) (27,300) 54,964 10,551 (296,269)
<br />Water and Sewer Lines (14,150,370) (1,701,899) - (59,241) (15,911,510)
<br />Total Accumulated Depreciation (14,533,544) (1,729,199) 54,964 - (16,207,779)
<br />Total Capital Assets, Being Depreciated, Net 27,556,021 (247,053) (11,210) - 27,297,758
<br />Business-Type Capital Assets, Net 27,556,021$ 1,583,018$ (11,210)$ -$ 29,127,829$
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<br />Depreciation expense charged to functions/programs of the primary government as follows:
<br />
<br />Governmental Activities:
<br />General Government 334,252$
<br />Public Safety 309,057
<br />Public Services 3,721,888
<br />Parks, Recreation and Forestry 224,712
<br />Conservation of Natural Resources 512
<br />Community Development 501
<br />Total Depreciation Expense, Governmental Activities 4,590,922$
<br />Business-type Activities:
<br />Water 836,772$
<br />Sewer 892,427
<br />Total Depreciation Expense, Governmental Activities 1,729,199$
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