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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2011
<br />Note 3 CAPITAL ASSETS (CONTINUED)
<br />Beginning Ending
<br />Balance Increases Decreases Balance
<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 48,690 - - 48,690
<br />Machinery and Shop Equipment 464,203 47,360 (18,072) 493,491
<br />Water and Sewer Lines 41,042,356 - - 41,042,356
<br />Total Capital Assets, Being Depreciated 41,555,249 47,360 (18,072) 41,584,537
<br />Accumulated Depreciation for:
<br />Buildings (48,690) - - (48,690)
<br />Machinery and Shop Equipment (281,855) (25,157) 18,072 (288,940)
<br />Water and Sewer Lines (10,782,069) (843,036) - (11,625,105)
<br />Total Accumulated Depreciation (11,112,614) (868,193) 18,072 (11,962,735)
<br />Total Capital Assets, Being Depreciated, Net 30,442,635 (820,833) - 29,621,802
<br />Business -Type Capital Assets, Net $ 30,442,635 $ (820,833) $ - $ 29,621,802
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