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CITY OF CENTERVILLE, MINNESOTA
<br />NOTES TO THE FINANCIAL STATEMENTS
<br />DECEMBER 31, 2013
<br />Note 3:DETAILED NOTES ON ALL FUNDS - CONTINUED
<br />B.Capital assets
<br />Capital asset activity for the governmental activities for the year ended December 31, 2013was as follows:
<br />BeginningEnding
<br />BalanceIncreasesDecreasesBalance
<br />Governmental activities
<br />Capital assets not being depreciated
<br />Land$3,337,023$-$-$3,337,023
<br />Construction in progress-1,229,234-1,229,234
<br />Total capital assets
<br />not being depreciated3,337,0231,229,234-4,566,257
<br />Capital assets being depreciated
<br />Buildings1,627,438--1,627,438
<br />Infrastructure15,564,72418,145-15,582,869
<br />Machinery and equipment823,4029,322-832,724
<br />Total capital assets
<br />being depreciated18,015,56427,467-18,043,031
<br />Less accumulated depreciation for
<br />Buildings(692,456)(37,290)-(729,746)
<br />Infrastructure(4,235,147)(860,381)(5,095,528)
<br />Machinery and equipment(518,987)(44,813)-(563,800)
<br />Total accumulated depreciation(5,446,590)(942,484)-(6,389,074)
<br />Total capital assets
<br />being depreciated, net12,568,974(915,017)-11,653,957
<br />Governmental activities
<br />capital assets, net$15,905,997$314,217$-$16,220,214
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