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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, 2019 amount to
<br />$274.9 million, net of accumulated depreciation. This represents a decrease of $10.3 million due to an
<br />annual depreciation expense of over $18.1 million offset by expenditure for Water Pollution Control Plant
<br />and Asphalt Replacement, the Climatec project, the Police Building & South Office Expansion and police
<br />vehicles.
<br />Investment in capital assets includes land, buildings, improvements, machinery and equipment,
<br />infrastructure and construction in progress. Infrastructure assets are items that are normally immovable
<br />and of value only to the City such as roads, bridges, streets and sidewalks, drainage systems, lighting
<br />systems, and similar infrastructure.
<br />The following is a summary of the City’s capital assets:
<br />Additional information on the City’s capital assets can be found in Note 5 of the notes to the financial
<br />statements.
<br />City of San Leandro
<br />Capital Assets (net of depreciation)
<br />Year Ended June 30, 2019
<br />(in thousands)
<br />2019 2018 2019 2018 2019 2018
<br />Land 16,550$ 16,550$ 5,234$ 5,234$ 21,784$ 21,784$
<br />Construction in progress 4,048 8,593 1,469 3,482 5,517 12,075
<br /> Total non-depreciable assets 20,598 25,143 6,703 8,716 27,301 33,859
<br />Depreciable asets (net of depreciation)
<br />Buildings 54,397 55,963 57,115 58,424 111,512 114,387
<br />Improvements other than buildings 5,239 2,738 - - 5,239 2,738
<br />Machinery and equipment 2,999 2,446 5,082 2,748 8,081 5,194
<br />Licensed Vehicles 6,226 4,813 32 34 6,258 4,847
<br />Infrastructure 108,447 118,944 8,103 5,315 116,551 124,259
<br /> Total depreciable assets 177,309 184,904 70,332 66,521 247,641 251,425
<br /> Total capital assets 197,907$ 210,047$ 77,035$ 75,237$ 274,942$ 285,283$
<br />Governmental Activities Business-Type Activities Total
<br />16163
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