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CAPITAL ASSETS AND DEBT ADMINISTRATION
<br />Capital Assets
<br /> The City’s investment in capital assets for its governmental and business type activities as of June 30,
<br />2016 amounts to $303.1 million (net of accumulated depreciation); a decrease of $11.5 million due mainly
<br />to normal annual depreciation expense of $16.8 and offset by new Land of $2.0 million, Construction in
<br />Progress of $3.0 million, and acquisitions of Vehicles totaling $1.5 million.
<br /> Investment in capital assets includes land, buildings, improvements, machinery and equipment,
<br />infrastructure and construction in progress. Infrastructure assets are items that are normally immovable
<br />and of value only to the City such as roads, bridges, streets and sidewalks, drainage systems, lighting
<br />systems, and similar infrastructure.
<br /> Major Capital asset activity during the current fiscal year included the Water Pollution Control Plant
<br />Expansion Project.
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<br />
<br />The following is a summary of the City’s capital assets:
<br /> Additional information on the City’s capital assets can be found in Note 5 of the notes to the financial
<br />statements.
<br />
<br />City of San Leandro
<br />Capital Assets (net of depreciation)
<br />Year Ended June 30,2016
<br />(in thousands)
<br />2016 2015 2016 2015 2016 2015
<br />Land 16,648$ 14,567$ 5,234$ 5,234$ 21,883$ 19,801$
<br />Construction in progress - - 58,263 55,276 58,263 55,276
<br /> Total non-depreciable assets 16,648 14,567 63,498 60,510 80,146 75,077
<br />Depreciable asets (net of depreciation)
<br />Buildings 59,276 60,054 4,716 4,912 63,992 64,966
<br />Improvements other than buildings 1 8 - - 1 8
<br />Machinery and equipment 1,952 2,307 2,737 5,460 4,689 7,768
<br />Licensed Vehicles 4,369 3,198 38 2 4,408 3,200
<br />Infrastructure 146,239 159,905 3,625 3,714 149,864 163,619
<br /> Total depreciable assets 211,838 225,472 11,117 14,088 222,954 239,560
<br /> Total capital assets 228,486$ 240,039$ 74,614$ 74,598$ 303,101$ 314,637$
<br />Governmental Activities Business-Type Activities Total
<br />17
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