|
taw
<br />OEM
<br />CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2008
<br />Note 3 CAPITAL ASSETS
<br />Capital asset activity for the year ended December 31, 2008 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 Furniture
<br />Vehicles
<br />Machinery and Shop Equipment
<br />Other Equipment
<br />IN= 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 />$ 2,809,059
<br />5,738,921
<br />8,547,980
<br />Increases
<br />Decreases
<br />Transfers
<br />$ - $ - $
<br />749,273 (2,764,235)
<br />749,273 (2,764,235)
<br />Ending
<br />Balance
<br />- $ 2,809,059
<br />(961,434) 2,762,525
<br />(961,434) 5,571,584
<br />6,496,870 2,882 - 6,499,752
<br />1,070,622 45,764 (42,119) 1,074,267
<br />1,990,339 383,333 (109,015) - 2,264,657
<br />659,702 - 659,702
<br />980,308 980,308
<br />70,133,964 2,509,828 72,643,792
<br />81,331,805 2,941,807 (151,134) 84,122,478
<br />(2,120,058) (216,937) (2,336,995)
<br />(579,477) (93,700) 42,119 (631,058)
<br />(832,590) (228,241) 107,777 - (953,054)
<br />(413,050) (31,602) - (444,652)
<br />(588,596) (40,526) (629,122)
<br />(35,659,314) (2,153,139) - (37,812,453)
<br />(40,193,085) (2,764,145) 149,896 - (42,807,334)
<br />41,138,720 177,662 (1,238) 41,315,144
<br />$ 49,686,700 $ 926,935 $ (2,765,473) $ (961,434) $ 46,886,728
<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 />lamp
<br />Beginning
<br />Balance
<br />Business -Type Activities:
<br />Capital Assets, Not Being Depreciated:
<br />Construction in Progress $ 13,054
<br />Total capital assets, not being depreciated 13,054
<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 />$ 274,537
<br />120,632
<br />2,206,159
<br />161,967
<br />350
<br />500
<br />$ 2,764,145
<br />Increases
<br />Decreases
<br />48,690 - -
<br />331,825 111,424 (6,794)
<br />39,810,478 - -
<br />40,190,993 111,424 (6,794)
<br />Transfers
<br />961,434
<br />(48,690) - -
<br />( 199,690) (25,036) 6,794
<br />(8,283,847) (819,322) -
<br />(8,532,227) (844,358) 6,794
<br />31,658,766 (732,934)
<br />$ 31,671,820 $ (732,934) $ $
<br />46
<br />961,434
<br />961,434
<br />961,434
<br />Ending
<br />Balance
<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 />
|