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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2010
<br />Note 3 CAPITAL ASSETS
<br />Capital asset activity for the year ended December 31, 2010 was as follows:
<br />Governmental Activities:
<br />Capital Assets, Not Being Depreciated:
<br />Land
<br />Total Capital Assets, Not Being Depreciated
<br />Capital Assets, Being Depreciated:
<br />Buildings
<br />Office Equipment and Furniture
<br />Vehicles
<br />Machinery and Shop Equipment
<br />Other Equipment
<br />Infrastructure
<br />Total Capital Assets, Being Depreciated
<br />Accumulated Depreciation for:
<br />Buildings
<br />Office Equipment and Furniture
<br />Vehicles
<br />Machinery and Shop Equipment
<br />Other Equipment
<br />Infrastructure
<br />Total Accumulated Depreciation
<br />Total Capital Assets, Being Depreciated, Net
<br />Governmental Activities Capital Assets, Net
<br />Beginning
<br />Balance
<br />Increases
<br />$ 2,809,059 $
<br />2,809,059
<br />6,499,752
<br />1,133,717
<br />2,348,963
<br />639,702
<br />980,308
<br />75,473,297
<br />87,075,739
<br />(2,554,028)
<br />(725,203)
<br />(984,364)
<br />(455,268)
<br />(669,227)
<br />(40,055,644)
<br />(45,443,734)
<br />41,632,005
<br />$ 44,441,064
<br />Depreciation expense was charged to governmental functions as follows:
<br />Governmental Activities:
<br />General Govemment
<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 />Capital Assets, Not Being Depreciated:
<br />Construction in Progress
<br />Total capital assets, not being depreciated
<br />Capital Assets, Being Depreciated:
<br />Buildings
<br />Machinery and Shop Equipment
<br />Water and Sewer Lines
<br />Total Capital Assets, Being Depreciated
<br />Accumulated Depreciation for:
<br />Buildings
<br />Machinery and Shop Equipment
<br />Water and Sewer Lines
<br />Total Accumulated Depreciation
<br />Total Capital Assets, Being Depreciated, Net
<br />Business -Type Capital Assets, Net
<br />Beginning
<br />Balance
<br />29,855
<br />118,588
<br />116,532
<br />239,900
<br />504,875
<br />(217,034)
<br />(77,696)
<br />(255,494)
<br />(30,616)
<br />(39,206)
<br />(2,333,734)
<br />(2,953,780)
<br />(2,448,905)
<br />$ (2,448,905)
<br />$ 249,191
<br />123,222
<br />2,410,348
<br />170,169
<br />350
<br />500
<br />$ 2,953,780
<br />Increases
<br />$ 13,054 $
<br />13,054
<br />48,690
<br />464,203
<br />40,954,102
<br />41,466,995
<br />(48,690)
<br />(250,309)
<br />(9,940,798)
<br />(10,239,797)
<br />31,227,198
<br />$ 31,240,252 S
<br />45
<br />88,254
<br />88,254
<br />Decreases
<br />Ending
<br />Balance
<br />$ 2,809,059
<br />2,809,059
<br />6,499,752
<br />(2,683) 1,160,889
<br />(119,440) 2,348,111
<br />(62,669) 693,565
<br />980,308
<br />75,713,197
<br />(184,792) 87,395,822
<br />(2,771,062)
<br />2,684 (800,215)
<br />115,108 (1,124,750)
<br />25,068 (460,816)
<br />(708,433)
<br />(42,389,378)
<br />142,860 (48,254,654)
<br />(41,932) 39,141,168
<br />(41,932) $ 41,950,227
<br />Decreases
<br />Ending
<br />Balance
<br />$ (13,054) $
<br />(13,054)
<br />(31,546)
<br />(841,271)
<br />(872,817)
<br />(784,563)
<br />(784,563) $
<br />48,690
<br />464,203
<br />41,042,356
<br />41,555,249
<br />(48,690)
<br />(281,855)
<br />(10,782,069)
<br />(11,112,614)
<br />30,442,635
<br />(13,054) $ 30,442,635
<br />
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