|
low
<br />CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2012
<br />Note 3 CAPITAL ASSETS (CONTINUED)
<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 493,491 10,380 - 503,871
<br />Water and Sewer Lines 41,042,356 27,980 - 41,070,336
<br />Total Capital Assets, Being Depreciated 41,584,537 38,360 41,622,897
<br />Accumulated Depreciation for:
<br />ti.. Buildings (48,690) - - (48,690)
<br />Machinery and Shop Equipment (288,940) (19,028) (307,968)
<br />Water and Sewer Lines (11,625,105) (843,039) - (12,468,144)
<br />Total Accumulated Depreciation (11,962,735) (862,067) - (12,824,802)
<br />Total Capital Assets, Being Depreciated, Net 29,621,802 (823,707) - 28,798,095
<br />Business -Type Capital Assets, Net $ 29,621,802 $ (823,707) $ - $ 28,798,095
<br />
|