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Table 24Storm Water FundChange in Net Capital AssetsPrior Year Actual Prior Year Actual Current Year2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034Balance of Capital Assets and DepreciationCapital assets16,123,229 18,525,385 18,725,385 19,410,790 19,493,190 20,321,753 20,376,389 20,432,665 20,490,628 20,550,331 20,611,825 20,675,163 20,675,163 Less allowance for depreciation 2,414,262 3,205,819 4,002,376 4,816,068 5,631,820 6,468,286 7,306,119 8,145,358 8,986,046 9,828,226 10,671,944 11,517,246 12,362,547 Net capital assets13,708,967 15,319,566 14,723,009 14,594,722 13,861,370 13,853,466 13,070,271 12,287,307 11,504,583 10,722,105 9,939,880 9,157,917 8,312,616 Acquisition of capital assets1,994,355 2,402,156 200,000 685,405 82,400 828,563 54,636 56,275 57,964 59,703 61,494 63,339 - Less allowance for depreciation on current assets691,840 791,557 791,557 796,557 813,692 815,752 836,466 837,832 839,239 840,688 842,181 843,718 845,301 Less allowance for depreciation on new assets5,000 17,135 2,060 20,714 1,366 1,407 1,449 1,493 1,537 1,583 - Total increase in allowance for depreciation 691,840 791,557 796,557 813,692 815,752 836,466 837,832 839,239 840,688 842,181 843,718 845,301 845,301 Change in net capital assets1,302,515 1,610,599 (596,557) (128,287) (733,352) (7,903) (783,196) (782,964) (782,724) (782,478) (782,224) (781,963) (845,301) * Number of years new assets depreciated over: 40 Projected