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<br />
<br />
<br />CAPITAL ASSETS AND DEBT ADMINISTRATION
<br />
<br />Capital Assets
<br />
<br />The City’s investment in capital assets for its governmental and business type activities as of June 30,
<br />2015 amounts to $314.6 million (net of accumulated depreciation); a decrease of $10.4 million due mainly
<br />to normal annual depreciation expense of $17.4 and offset by new Construction in Progress of $5.8 million
<br />and acquisitions of Machinery, Equipment, and Vehicles totaling $1.7 million.
<br />
<br />Investment in capital assets includes land, buildings, improvements, machinery and equipment,
<br />infrastructure and construction in progress. Infrastructure assets are items that are normally immovable
<br />and of value only to the City such as roads, bridges, streets and sidewalks, drainage systems, lighting
<br />systems, and similar infrastructure.
<br />
<br />Major Capital asset activity during the current fiscal year included the Water Pollution Control Plant
<br />Expansion Project.
<br />
<br />
<br />The following is a summary of the City’s capital assets:
<br />
<br /> Additional information on the City’s capital assets can be found in Note 6 of the notes to the financial
<br />statements.
<br />
<br />City of San Leandro
<br />Capital Assets (net of depreciation)
<br />Year Ended June 30,2015
<br />(in thousands)
<br />2015 2014 2015 2014 2015 2014
<br />Land 14,567$ 14,566$ $5,234 $5,234 19,801$ 19,800$
<br />Construction in progress - - 55,276 49,527 55,276 49,527
<br /> Total non-depreciable assets 14,567 14,566 60,510 54,761 75,077 69,327
<br />Depreciable asets (net of depreciation)
<br />Buildings 60,054 61,644 4,912 5,107 64,966 66,752
<br />Improvements other than buildings 8 36 - - 8 36
<br />Machinery and equipment 2,307 2,843 5,460 5,750 7,768 8,593
<br />Licensed Vehicles 3,198 2,912 2 5 3,200 2,917
<br />Infrastructure 159,905 173,629 3,714 3,804 163,619 177,433
<br /> Total depreciable assets 225,472 241,065 14,088 14,666 239,560 255,731
<br /> Total capital assets 240,039$ 255,631$ 74,598$ 69,427$ 314,637$ 325,058$
<br />Governmental Activities Business-Type Activities Total
<br />17
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