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CITY OF ST. ANTHONY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2018
<br />
<br />
<br />
<br />
<br />Beginning Ending
<br />Primary Government Balance Increases Decrease Balance
<br />Business-type activities:
<br />Capital assets, not being depreciated:
<br />Land $2,089,954 $ - $ - $2,089,954
<br />Construction in progress 835,045 203,642 (1,038,687) -
<br /> Total capital assets, not being depreciated 2,924,999 203,642 (1,038,687) 2,089,954
<br />Capital assets, being depreciated:
<br />Buildings and structures 8,372,645 95,252 - 8,467,897
<br />Land improvements - 1,038,687 - 1,038,687
<br />Furniture, fixtures and equipment 4,547,552 294,122 - 4,841,674
<br />Software and intangibles 26,022 - - 26,022
<br />Stormwater 2,253,147 - - 2,253,147
<br />Distribution and collection system 13,763,523 1,133,300 - 14,896,823
<br /> Total capital assets, being depreciated 28,962,889 2,561,361 0 31,524,250
<br />Less accumulated depreciation for:
<br />Buildings and structures 2,229,588 201,758 - 2,431,346
<br />Furniture, fixtures and equipment 921,411 168,314 - 1,089,725
<br />Software and intangibles 26,022 - - 26,022
<br />Stormwater 641,258 51,918 - 693,176
<br />Distribution and collection system 4,885,445 440,950 - 5,326,395
<br /> Total accumulated depreciation 8,703,724 862,940 0 9,566,664
<br /> Total capital assets being depreciated - net 20,259,165 1,698,421 0 21,957,586
<br /> Business-type activities capital assets - net $23,184,164 $1,902,063 ($1,038,687) $24,047,540
<br />Depreciation/amortization expense was charged to functions/programs of the primary government as follows:
<br />
<br />Governmental activities:
<br />General government $111,552
<br />Public safety 182,016
<br />Public works, including depreciation of general infrastructure assets 1,655,823
<br />Parks and recreation 56,821
<br /> Total depreciation/amortization expense - governmental activities 2,006,212
<br />Business-type activities:
<br />Liquor 68,782
<br />Water/Water Plant 478,190
<br />Sewer 99,959
<br />Stormwater 216,009
<br /> Total depreciation/amortization expense - business-type activities 862,940
<br /> Total depreciation expense $2,869,152
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