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<br /> CITY OF ARDEN lDLLS, MINNESOTA
<br /> NOTES TO TllE FINANClAL STATEMENTS
<br /> DECEMBER 31
<br />.ote3: DETAILED NOTES ON ALL FUNDS - CONTThlJED
<br /> T
<br /> C. Capital Assets n
<br /> Capital asset activity for the City for the year ended DecemMf; ,;0
<br /> Beginning L ~== =<>.0 En
<br /> Balance Increases Decreases Balance
<br /> Governmental activities
<br /> Capital assets not being depreciated
<br /> Land $ 2,957,031 $ $ (521,793) $ 2,435,238
<br /> Construction in progress 2,587,399 1,052,253 (2,703,100) 936,552
<br /> Total capital assets
<br /> not being depreciated 5,544,430 1,052,253 (3,224,893) 3,371,790
<br /> Capital assets, being depreciated
<br /> Buildings and structures 5,817,331 361,371 6,178,702
<br /> Infrastrucnrre and
<br /> improvements 1,278,006 2,341,729 3,619,735
<br /> Machinery and equipment 284,734 27,158 311,892
<br /> Office furniture and equipment 7,734 7,734
<br /> Vehicles 250,427 250,427
<br />. Total capital assets
<br />being depreciated 7,638,232 2,730,258 10,368,490
<br /> Less accumulated depreciation for
<br /> Buildings and structures (726,459) ( 180,989) (907,448)
<br /> Infrastructure and
<br /> improvements (200,702) (126,402) (327,104)
<br /> Machinery and equipment (99,370) (31,293) (130,663)
<br /> Office furniture and equipment (2,578) (773) (3,351)
<br /> Vehicles (95,401) (25,927) (12],328)
<br /> Total accumulated
<br /> depreciation (1,124,510) (365,384) (1,489,894)
<br /> Total capital assets
<br /> being depreciated, net 6,513,722 2,364,874 8,878,596
<br /> Governmental activities
<br /> capital assets, net $ ]2_058,152 $ 3,417.127 $ (3.224.893) S 12.250386
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