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<br />CITY OF ARDEN HILLS, MlNNESOT A
<br />NOTES TO FINANCIAL STATEMENTS
<br />DECEMBER 31, 2004
<br />
<br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED
<br />
<br />C. Capital Assets
<br />
<br />Capital asset activity for primary government for the year ended December 31, 2004 was as follows:
<br />
<br />Primary Government
<br /> Beginning Ending
<br /> Balance Increases Decreases Balance
<br />Governmental activities:
<br />Capital assets not being depreciated
<br />Land $ 2,055,253 $ $ $ 2,055,253
<br />Construction in progress 1,414,810 1,172,589 2,587,399
<br />Total capital assets
<br />not being depreciated 3,470,063 1,172,589 4,642,652
<br />Capital assets, being depreciated
<br />Buildings and structures 5,792,731 24,600 5,817,331
<br />Infrastructure and
<br />improvements 1,236,047 41,959 1,278,006
<br />Machinery and equipment 248,750 35,984 284,734
<br />Office furniture and equipment 7,734 7,734
<br />Vehides 229,794 20,633 250,427
<br />Total capital assets
<br />being depreciated 7,515,056 123,176 7,638,232
<br />Less accumulated depreciation for
<br />Buildings and structures (545,883) (180,576) (726,459)
<br />Infrastructure and
<br />improvements (77 ,097) (123,605) (200,702)
<br />Machinery and equipment (70,708) (28,662) (99,370)
<br />Office furniture and equipment (1,805 ) (773) (2,578)
<br />Vehides (70,948) (24,453) (95,401)
<br />Total accumulated
<br />depreciation (766,441) (358,069) (1,124,510)
<br />Total capital assets
<br />being depreciated, net 6,748,615 (234,893) 6,513,722
<br />Governmental activities
<br />capital assets, net $ 10.218,678 $ 937,696 $ $ I 1.156.374
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