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<br />II
<br /> CITY OF ARDEN fiLLS, MTh'NESOTA
<br />[1. NOTES TO FINANCIAL STATEMENTS
<br /> DECEMBER 31, 2004
<br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED
<br />[I Beginning Ending
<br /> Balance Increases Decreases Balance
<br />n Business-type activities:
<br />Capital assets not being depreciated
<br /> Construction in progress $ 451,113 $ 595,316 $ $ 1,046,429
<br />[I Capital assets being depreciated
<br />Buildings and structures 4,170 4,170
<br /> Infrastructure and
<br />f1 improvements 11,376,364 514,191 11 ,890,555
<br />Machinery and equipment 844,279 24,942 869,221
<br /> Office furniture and equipment 25,542 (13,567) 11,975
<br />U Vebic1es 95,092 8,017 103,109
<br />Total capital assets
<br /> being depreciated 12,345,447 547,150 ( 13 ,567) 12,879,030
<br />[ [ Less accumulated depreciation for
<br /> Buildings and structures (1,894) (208) (2,102)
<br />[I Infrastructure and
<br />improvements (3,494,694) (24 J ,938) (3,736,632)
<br />Machinery and equipment (606,831) (45,058) (651,889)
<br />fie Office furniture and equipment (22,525) (2,866) 13,567 (11,824)
<br />Vebic1es (64,088) (5,930) (8,017) (78,035)
<br /> Total accumulated
<br />[i depreciation (4,190,032) (296,000) 5,550 (4,480,482)
<br />Total capital assets
<br />U being depreciated, net 8,155,415 251,150 (8,017) 8,398,548
<br />Business-type activities
<br /> capital assets, net $ 8,606,528 $ 846,466 $ (8,017) $ 9,444,977
<br />[! Depreciation expense was charged to functions/programs of the primary government as follows:
<br />1I Governmental activities
<br />General government $ 88,399
<br />Public safety 1,474
<br /> Public works 149,149
<br />Ij Culnrre and recreation 60,875
<br />, Economic development 58,172
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<br />[ : Total depreciation expense - governmental activities $ 358,069
<br />Business-type activities
<br /> Water $ 165,669
<br /> Sewer 128,308
<br />:. Surface water management 2,023
<br /> Total depreciation expense - business-type activities $ 296,000
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