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