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CITY OF HUGO, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS (CONTINUED)
<br />3. Detailed Notes on All Funds (Continued)
<br />C. Capital Assets (continued)
<br />Business -type activities
<br />Capital assets, not being depreciated:
<br />Land
<br />Construction in progress
<br />Total capital assets, not being depreciated
<br />Capital assets, being depreciated:
<br />Buildings and improvements
<br />Machinery and equipment
<br />Total capital assets, being depreciated
<br />Less accumulated depreciation for:
<br />Buildings and improvements
<br />Machinery and equipment
<br />Total accumulated depreciation
<br />Total capital assets, being depreciated, net
<br />Business -type activities capital assets, net
<br />Beginning Ending
<br />Balance Increases Decreases Balance
<br />$ 259,560 $ $ $ 259,560
<br />48,245 48,245
<br />307,805 307,805
<br />23,120,520 1,033,896 24,154,416
<br />511,093 26,740 18,225 519,608
<br />23,631,613 1,060,636 18,225 24,674,024
<br />7,372,552 560,258 7,932,810
<br />360,184 27,154 18,225 369,113
<br />7,732,736 587,412 18,225 8,301,923
<br />15,898,877 473,224 16,372,101
<br />$ 16,206,682 $ 473,224 $ $ 16,679,906
<br />Depreciation expense was charged to functions/programs as follows:
<br />Governmental Activities:
<br />General government
<br />Public safety
<br />Highways and streets
<br />Park and recreation
<br />Economic development/tourism
<br />Total
<br />Business -Type Activities:
<br />Sewer and Water
<br />47
<br />$ 79,351
<br />142,675
<br />858,001
<br />218,446
<br />2,634
<br />$ 1,301,107
<br />$ 587,412
<br />
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