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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2009
<br />Note 3 CAPITAL ASSETS
<br />Capital asset activity for the year ended December 31, 2009 was as follows:
<br />Governmental Activities:
<br />Capital Assets, Not Being Depreciated:
<br />Land
<br />Construction in Progress
<br />Total Capital Assets, Not Being Depreciated
<br />Capital Assets, Being Depreciated:
<br />Buildings
<br />Office Equipment and Fumiture
<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 Fumiture
<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 />2,762,525
<br />5,571,584
<br />6,499,752
<br />1,074,267
<br />2,264,657
<br />659,702
<br />980,308
<br />72,643,792
<br />84,122,478
<br />66,980
<br />66,980
<br />62,231
<br />327,864
<br />3,01 1,695
<br />3,401,790
<br />(2,336,995) (217,033)
<br />(631,058) (96,926)
<br />(953,054) (251,812)
<br />(444,652) (30,616)
<br />(629,122) (40,105)
<br />(37,812,453) (2,243,191)
<br />(42,807,334) (2,879,683)
<br />41,315,144 522,107
<br />$ 46,886,728 $ 589,087
<br />Depreciation expense was charged to governmental functions 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 />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 />$ 273,283
<br />131,609
<br />2,297,605
<br />176,336
<br />350
<br />500
<br />$ 2,879,683
<br />Increases
<br />Decreases
<br />(2,829,505)
<br />(2,829,505)
<br />Transfers
<br />Ending
<br />Balance
<br />- $ 2,809,059
<br />2,809,059
<br />6,499,752
<br />(2,781) 1,133,717
<br />(243,558) 2,348,963
<br />(20,000) 639,702
<br />980,308
<br />(182,190) 75,473,297
<br />(266,339) (182,190) 87,075,739
<br />(2,554,028)
<br />2,781 (725,203)
<br />220,502 (984,364)
<br />20,000 (455,268)
<br />(669,227)
<br />(40,055,644)
<br />243,283 (45,443,734)
<br />(23,056) (182,190) 41,632,005
<br />$ (2,852,561) $ (182,190) $ 44,441,064
<br />Decreases
<br />$ 13,054 $ $
<br />13,054 -
<br />48,690
<br />436,455
<br />40,771,912
<br />41,257,057
<br />(48,690)
<br />(217,932)
<br />(9,103,169)
<br />(9,369,791)
<br />31,887,266
<br />$ 31,900,320
<br />46
<br />27,748
<br />27,748
<br />(32,377)
<br />(837,629)
<br />(870,006)
<br />(842,258)
<br />$ (842,258)
<br />Transfers
<br />Ending
<br />Balance
<br />$ 13,054
<br />13,054
<br />48,690
<br />464,203
<br />182,190 40,954,102
<br />182,190 41,466,995
<br />182,190
<br />$ 182,190
<br />(48,690)
<br />(250,309)
<br />(9,940,798)
<br />(10,239,797)
<br />31,227,198
<br />$ 31,240,252
<br />
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