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CITY OF ST. ANTHONY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2018
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<br />Note 5 CAPITAL ASSETS
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<br />Capital asset activity for the year ended December 31, 2018 was as follows:
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<br />Beginning Ending
<br />Primary Government Balance Increases Decreases Balance
<br />Governmental activities:
<br />Capital assets, not being depreciated:
<br />Land $1,662,883 $ - $ - $1,662,883
<br />Permanent easements - 73,984 - 73,984
<br />Construction in progress 4,850,632 2,720,619 (4,804,504) 2,766,747
<br /> Total capital assets, not being depreciated 6,513,515 2,794,603 (4,804,504) 4,503,614
<br />Capital assets, being depreciated:
<br />Buildings and improvements 10,105,047 - - 10,105,047
<br />Land improvement 555,181 32,006 - 587,187
<br />Furniture, fixtures and equipment (including
<br />software)4,255,778 706,386 (200,609) 4,761,555
<br />Streets 36,041,107 3,448,475 - 39,489,582
<br />Storm sewers 428,469 - - 428,469
<br />Intangible assets 6,823 16,480 - 23,303
<br /> Total capital assets, being depreciated 51,392,405 4,203,347 (200,609) 55,395,143
<br />Less accumulated depreciation/amortization for:
<br />Buildings and improvements 4,650,241 313,338 - 4,963,579
<br />Land improvement 333,371 46,060 - 379,431
<br />Furniture, fixtures and equipment 3,131,075 219,585 (181,508) 3,169,152
<br />Streets 14,427,141 1,408,725 - 15,835,866
<br />Storm sewers 156,132 17,139 - 173,271
<br />Intangible assets 4,095 1,365 - 5,460
<br /> Total accumulated depreciation/amortization 22,702,055 2,006,212 (181,508) 24,526,759
<br /> Total capital assets being depreciated - net 28,690,350 2,197,135 (19,101) 30,868,384
<br /> Governmental activities capital assets - net $35,203,865 $4,991,738 ($4,823,605) $35,371,998
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