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CITY OF ST. ANTHONY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2015
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<br />Note 5 CAPITAL ASSETS
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<br />Capital asset activity for the year ended December 31, 2015 was as follows:
<br />
<br />Beginning Ending
<br />Primary Government Balance Increases Decreases Transfers Balance
<br />Governmental activities:
<br />Capital assets, not being depreciated:
<br />Land $3,747,184 $ - $ - ($2,084,301) $1,662,883
<br />Construction in progress 3,079,369 3,808,315 (1,367,229) (2,354,081) 3,166,374
<br /> Total capital assets, not being depreciated 6,826,553 3,808,315 (1,367,229) (4,438,382) 4,829,257
<br />Capital assets, being depreciated:
<br />Buildings and improvements 9,836,936 129,860 - - 9,966,796
<br />Land improvement 555,181 - - - 555,181
<br />Furniture, fixtures and equipment (including
<br />software)3,899,084 228,029 (132,275) - 3,994,838
<br />Streets 32,438,813 1,367,229 - - 33,806,042
<br />Storm sewers 428,469 - - - 428,469
<br />Storm water 2,253,147 - - (2,253,147) -
<br />Intangible assets 6,823 - - - 6,823
<br /> Total capital assets, being depreciated 49,418,453 1,725,118 (132,275) (2,253,147) 48,758,149
<br />Less accumulated depreciation/amortization for:
<br />Buildings and improvements 3,749,898 294,013 - - 4,043,911
<br />Land improvement 195,192 46,060 - - 241,252
<br />Furniture, fixtures and equipment 2,611,909 270,865 (81,844) - 2,800,930
<br />Streets 10,416,856 1,298,390 - - 11,715,246
<br />Storm sewers 104,716 17,138 - - 121,854
<br />Storm water 328,012 91,291 - (419,303) -
<br />Intangible assets - 1,365 - - 1,365
<br /> Total accumulated depreciation/amortization 17,406,583 2,019,122 (81,844) (419,303) 18,924,558
<br /> Total capital assets being depreciated - net 32,011,870 (294,004) (50,431) (1,833,844) 29,833,591
<br /> Governmental activities capital assets - net $38,838,423 $3,514,311 ($1,417,660) ($6,272,226) $34,662,848
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