|
CITY OF SAN LEANDRO
<br />NOTES TO BASIC FINANCIAL STATEMENTS
<br />For The Year Ended June 30, 2016
<br />
<br />
<br />NOTE 5 – CAPITAL ASSETS (Continued)
<br />
<br />The following is a summary of capital assets for governmental activities:
<br />
<br />Balance Additions and Deletions and Balance
<br />July 1, 2015 Transfers Transfers June 30, 2016
<br />Non-Depreciable Assets:
<br />Land 14,566,850$ 2,081,639$ $ 16,648,489$
<br /> Total Non-Depreciable Assets 14,566,850 2,081,639 16,648,489
<br />Depreciable Assets:
<br />Buildings 82,063,548 885,920 82,949,468
<br />Improvements 4,692,847 4,692,847
<br />Machinery and equipment 9,568,480 208,317 (27,974) 9,748,823
<br />Licensed Vehicles 10,945,657 2,068,455 (593,253) 12,420,859
<br />Infrastructure 380,641,608 380,641,608
<br /> Total Depreciable Assets 487,912,140 3,162,692 (621,227) 490,453,605
<br />Accumulated Depreciation:
<br />Buildings (22,009,550) (1,664,127) (23,673,677)
<br />Improvements (4,684,521) (6,990) (4,691,511)
<br />Machinery and equipment (7,261,142) (563,437) 27,974 (7,796,605)
<br />Licensed Vehicles (7,747,938) (862,276) 558,586 (8,051,628)
<br />Infrastructure (220,736,906) (13,665,507) (234,402,413)
<br /> Total Accumulated Depreciation (262,440,057) (16,762,337) 586,560 (278,615,834)
<br />
<br /> Depreciable Assets, Net 225,472,083 (13,599,645) (34,667) 211,837,771
<br /> Total Governmental Activities
<br /> Capital Assets, Net 240,038,933$ (11,518,006)$ (34,667)$ 228,486,260$ Governmental activities depreciation expenses for capital assets for the year ended June 30, 2016, are as
<br />follows:
<br />
<br />General Government 319,087$
<br />Public Safety 478,630
<br />Transportation 13,242,091
<br />Recreation and Human services 1,595,433
<br />Community Development 319,087
<br />Subtotal 15,954,328
<br />Capital assets held by the City's Internal Service Funds 808,009
<br />Total Depreciation Expense 16,762,337$
<br />59
|