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CITY OF SAN LEANDRO
<br />NOTES TO BASIC FINANCIAL STATEMENTS
<br />For The Year Ended June 30, 2022
<br />NOTE 6 – CAPITAL ASSETS (Continued)
<br />The following is a summary of capital assets for governmental activities:
<br />Balance Balance
<br />July 1, 2021 Additions Retirements Transfers June 30, 2022
<br />Non-Depreciable Assets:
<br />Land 16,471,405$ -$ -$ -$ 16,471,405$
<br />Construction in progress 22,486,170 3,628,633 - (11,371,301) 14,743,502
<br /> Total Non-Depreciable Assets 38,957,575 3,628,633 - (11,371,301) 31,214,907
<br />Depreciable Assets:
<br />Buildings 82,705,552 - - - 82,705,552
<br />Improvements 10,704,873 - - 45,886 10,750,759
<br />Machinery and equipment 12,902,859 1,417,973 (55,565)821,045 15,086,312
<br />Licensed vehicles 16,089,801 543,753 (837,195)- 15,796,359
<br />Infrastructure 385,549,378 - (31,795) 10,504,370 396,021,953
<br /> Total Depreciable Assets 507,952,463 1,961,726 (924,555) 11,371,301 520,360,935
<br />Accumulated Depreciation:
<br />Buildings (31,378,391) (1,525,294)- - (32,903,685)
<br />Improvements (5,604,250) (215,556)- - (5,819,806)
<br />Machinery and equipment (9,649,896) (623,339)29,599 - (10,243,636)
<br />Licensed vehicles (10,080,236) (1,416,429)837,194 - (10,659,471)
<br />Infrastructure (301,547,159) (13,308,857)31,794 -(314,824,222)
<br /> Total Accumulated Depreciation (358,259,932) (17,089,475)898,587 -(374,450,820)
<br /> Depreciable Assets, Net 149,692,531 (15,127,749)(25,968) 11,371,301 145,910,115
<br /> Total Governmental Activities
<br /> Capital Assets, Net 188,650,106$ (11,499,116)$ (25,968)$ -$ 177,125,022$
<br />Governmental activities depreciation expenses for capital assets for the year ended June 30, 2022, are as
<br />follows:
<br />General Government 472,155$
<br />Public Safety 629,540
<br />Engineering and Transportation 12,590,802
<br />Recreation and Human services 1,573,850
<br />Community Development 472,155
<br />Subtotal 15,738,502
<br />Capital assets held by the City's Internal Service Funds 1,350,973
<br />Total Depreciation Expense 17,089,475$
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