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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2003
<br />Note 3 CAPITAL ASSETS (CONTINUED)
<br />Depreciation expense was charged to governmental functions as follows:
<br />Governmental Activities:
<br />General government $ 276,527
<br />Public safety 96,630
<br />Public services 2,211,723
<br />Parks, recreation and forestry 139,537
<br />Community development 2,133
<br />Total Depreciation Expense, Governmental Activities $ 2,726,550
<br />Beginning Ending
<br />Balance Increases Decreases Balance
<br />Business -Type Activities:
<br />Capital Assets, Being Depreciated:
<br />Buildings $ 48,690 $ $ - $ 48,690
<br />Machinery and Shop Equipment 292,497 292,497
<br />Water and Sewer Lines 31,095,234 2,706,261 33,801,495
<br />Total Capital Assets, Being Depreciated 31,436,421 2,706,261 - 34,142,682
<br />Accumulated Depreciation for:
<br />Buildings (48,690) (48,690)
<br />Machinery and Shop Equipment (185,030) (20,299) (205,329)
<br />Water and Sewer Lines (4,721,955) (626,635) (5,348,590)
<br />Total Accumulated Depreciation (4,955,675) (646,934) (5,602,609)
<br />Business -Type Capital Assets, Net $ 26,480,746 $ 2,059,327 $ - $ 28,540,073
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