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2004-04-28 WS & CC Meeting
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2004-04-28 WS & CC Meeting
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<br /> CITY OF CENTERVILLE, MINNESOTA <br /> NOTES TO FINANCIAL STATEMENTS <br /> DECEMBER 31, 2003 <br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED <br />C. Capital Assets <br /> Capital asset activity for the year ended December 31, 2003 was as follows: <br /> Beginning Ending <br /> B" hmce Increases Decreases Balsnce <br /> Governmental activities: <br /> Capital assets, not being depreciated: <br /> Land $ 1,241,300 $ $ $ 1,241,300 <br /> Construction in progress 603.879 603.879 <br /> Total capitaJ assets, <br /> not being depreciated 1.241.300 603.879 1.845.179 <br /> Capital assets, being depreciated: <br /> Buildings 1,028,100 3,881 1,031,981 <br /> Machinery and equipment 560,988 23,897 (5,000) 579,885 <br /> Infrastructnre 3.345.565 3.345.565 <br /> Total capits! assets being depreciated 4.934.653 27.778 (5.000) 4.957431 <br /> Less acclllDllla.ted depreciation for: <br /> Buildings (503,077) (17,442) (520,519) <br /> Machinery and equipment (148,363 ) (41,815) (190,178) <br /> InfraslIUctnre (494.919) !l34 794 ) (629.713) <br /> Total accumnlated depreciation (1.146.359) 094.051 ) (1.340.410) <br /> Tots! capital assets, <br /> being depreciated, net 3.788.294 (166.273 ) (5.000) 3.617021 <br /> Governmental activities <br /> capital assets, net $ 5 029 594 $ 437.606 $ (5000) $ 5 462 200 <br />
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