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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, 2021 amount to
<br />$270.4 million, net of accumulated depreciation. This represents a decrease of $40 thousand due to the
<br />annual depreciation expense of $17.8 million offset by expenditures for Water Pollution Control Plant and
<br />Sewer Infrastructure, Police Building & South Office Expansion, Farrelly Pool Replacement, and Boys
<br />and Girls Club Pool Resurface projects.
<br />Investment in capital assets includes land, buildings, improvements, machinery and equipment,
<br />infrastructure, and construction in progress. Infrastructure assets are items that are normally immovable
<br />and of value only to the City such as roads, bridges, streets and sidewalks, drainage systems, lighting
<br />systems, and similar infrastructure.
<br />The following is a summary of the City’s capital assets:
<br />City of San Leandro
<br />Capital Assets (net of depreciation)
<br />Year Ended June 30, 2021
<br />(in thousands)
<br />2021 2020 2021 2020 2021 2020
<br />Land 16,471$ 16,550$ 5,234$ 5,234$ 21,705$ 21,784$
<br />Construction in progress 22,486 12,945 2,647 1,148 25,133 14,093
<br /> Total non-depreciable assets 38,957 29,495 7,881 6,382 46,838 35,877
<br />Depreciable asets (net of depreciation)
<br />Buildings 51,328 52,853 55,470 55,753 106,798 108,606
<br />Improvements other than buildings 5,101 5,037 --5,101 5,037
<br />Machinery and equipment 3,253 3,482 4,828 4,926 8,081 8,408
<br />Licensed Vehicles 6,010 6,312 55 49 6,065 6,361
<br />Infrastructure 84,002 95,317 13,548 10,862 97,550 106,179
<br /> Total depreciable assets 149,694 163,001 73,901 71,590 223,595 234,591
<br /> Total capital assets 188,651$ 192,496$ 81,782$ 77,972$ 270,433$ 270,468$
<br />Governmental Activities Business-Type Activities Total
<br />Additional information on the City’s capital assets can be found in Note 5 of the notes to the financial
<br />statements.
<br />16277
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