|
CITY OF SAN LEANDRO
<br />NOTES TO BASIC FINANCIAL STATEMENTS
<br />For The Year Ended June 30, 2018
<br />I NOTE 5 -CAPITAL ASSETS (Continued)
<br />The following is a summary of capital assets for governmental activities:
<br />Balance Additions and Deletions and Balance
<br />July 1, 2017 Transfers Transfers June 30, 2018
<br />Non-Depreciable Assets:
<br />Land $ 16,648,489 $ 497,059 $ (595,243) $ 16,550,305
<br />Construction in progress 1,315,680 7,277,213 8,592,893
<br />Total Non-Depreciable Assets 17,964,169 7,774,272 (595,243) 25,143,198
<br />Depreciable Assets:
<br />Building.5 82,949,468 116,284 (360,200) 82,705,552
<br />Improvements 7,734,728 7,734,728
<br />Machinery and equipment 10,228,199 1,031,648 (4,146) 11,255,701
<br />Licensed vehicles 13,111,909 1,214,940 (779,861) 13,546,988
<br />Infrastructure 380,641,608 380,641,608
<br />Total Depreciable Assets 494,665,912 2,362,872 (1,144,207) 495,884,577
<br />Accumulated Depreciation:
<br />Building.5 (25,233,346) (1,597,460) 88,392 (26,742,414)
<br />Improvements (4,794,243) (202,792) (4,997,035)
<br />Machinery and equipment (8,312,405) (501,212) 4,038 (8,809,579)
<br />Licensed vehicles (8,588,161) (903,661) 757,763 (8,734,059)
<br />Infrastructure (248,066,927) (13,630,436) (261,697,363)
<br />Total Accumulated Depreciation (294,995,082) (16,835,561) 850,193 (310,980,450)
<br />Depreciable Assets, Net 199,670,830 (14,472,689) (294,014) 184,904,127
<br />Total Governmental Activities
<br />Capital Assets, Net $ 217,634,999 $ (6,698,417) $ (889,257) $ 210,047,325
<br />Governmental activities depreciation expenses for capital assets for the year ended June 30, 2018, are as
<br />follows:
<br />General Government $ 319,361
<br />Public Safety 479,041
<br />Engineering and Transportation 13,253,478
<br />Recreation and Human services 1,596,805
<br />Community Development 319,361
<br />Subtotal 15,968,046
<br />Capital assets held by the City's Internal Service Funds 867,515
<br />Total Depreciation Expense $ 16,835,561
<br />61 526
|