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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, 2022 amount to
<br />$261.7 million, net of accumulated depreciation. This represents a decrease of $8.7 million due to the
<br />annual depreciation expense of $18.9 million.
<br />Investment in capital assets includes land, buildings, improvements, machinery and equipment,
<br />infrastructure, and construction in progress. Infrastructure assets are items that are normally immovable
<br />and of value only to the City such as roads, bridges, streets and sidewalks, drainage systems, lighting
<br />systems, and similar infrastructure.
<br />The following is a summary of the City’s capital assets:
<br />City of San Leandro
<br />Capital Assets (net of depreciation)
<br />Year Ended June 30, 2022
<br />(in thousands)
<br />2022 2021 2022 2021 2022 2021
<br />Land 16,471$ 16,471$ 5,234$ 5,234$ 21,705$ 21,705$
<br />Construction in progress 14,744 22,486 6,526 2,647 21,270 25,133
<br /> Total non-depreciable assets 31,215 38,957 11,760 7,881 42,975 46,838
<br />Depreciable assets (net of depreciation)
<br />Buildings 49,802 51,328 54,354 55,470 104,156 106,798
<br />Improvements other than buildings 4,931 5,101 - - 4,931 5,101
<br />Machinery and equipment 4,842 3,253 4,670 4,828 9,512 8,081
<br />Licensed Vehicles 5,137 6,010 66 55 5,203 6,065
<br />Infrastructure 81,198 84,002 13,755 13,548 94,953 97,550
<br /> Total depreciable assets 145,910 149,694 72,845 73,901 218,755 223,595
<br /> Total capital assets 177,125$ 188,651$ 84,605$ 81,782$ 261,730$ 270,433$
<br />Governmental Activities Business-Type Activities Total
<br />Additional information on the City’s capital assets can be found in Note 6 of the notes to the financial
<br />statements.
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