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CAPITAL ASSETS AND DEBT ADMINISTRATION
<br />Capital Assets
<br />The City's capital assets for its governmental and business-type activities as of June 30, 2018 amount to
<br />$285.3 million, net of accumulated depreciation. This represents a decrease of $5.7 million due to an
<br />annual depreciation expense of over $18 .4 million offset by construction in progress of the Water Pollution
<br />Control Plant, the Climatec project, and a brand new Fire Ladder Truck.
<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 />The following is a summary of the City's capital assets:
<br />City of San Leandro
<br />Capital Assets (net of depreciation)
<br />Year Ended June 30, 2018
<br />(in thousands)
<br />Governmental Activities Business-Type Activities Total
<br />2018 2017 2018 2017 2018 2017
<br />Land $ 16,550 $ 16,648 $ 5,234 $ 5,234 $ 21,784 $ 21,882
<br />Construction in progress 8,593 1,316 3,482 12,075 1,316
<br />Total non-depreciable assets 25,143 17,964 8,716 5,234 33,859 23,198
<br />Depreciable asets (net of depreciation)
<br />Buildings 55,963 57,716 58,424 59,737 114,387 117,453
<br />Improvements other than buildings 2,738 2,940 2,738 2,940
<br />Machinery and equipment 2,446 1,916 2,748 2,903 5,194 4,819
<br />Licensed Vehicles 4,813 4,524 34 36 4,847 4,560
<br />Infrastructure 118,944 132,575 5,315 5,443 124,259 138,018
<br />Total depreciable assets 184,904 199,671 66,521 68,119 251,425 267,790
<br />Total capital assets $ 210,047 $ 217,635 $ 75,237 $ 73,353 $ 285,284 $ 290,988
<br />Additional information on the City's capital assets can be found in Note 5 of the notes to the financial
<br />statements.
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