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2005-06-08 Handouts
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2005-06-08 Handouts
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<br />CITY OF CENTERVILLE, MINNESOTA <br />NOTES TOFINANClAL STATEMENTS <br />DECEMBER 31, 2004 <br /> <br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED <br /> <br />Beginning <br />Balance <br /> <br />Decreases <br /> <br />Increases <br /> <br />Business-type activities <br />Capital assets not being depreciated <br />Construction in progress $ 246,105 $ 1,141,029 $ <br />Capital assets being depreciated <br />Infrastructure 5,481,230 72,255 <br />Less accumulated depreciation for <br />Infrastructure (1,009,393) (160,563) <br />Total capital assets <br />being depreciated, net 4,471,837 (88,308) <br />Business-type activities <br />capital assets, net $ 4,717,942 $ 1,052.721 $ <br /> <br />Depreciation expense was charged to functions/programs of the City as follows: <br /> <br />Governmental activities <br />Generalgovennnent <br />Public safety <br />Streets and highways <br />Culture and recreation <br /> <br />Total depreciation expense - govennnental activities <br /> <br />Business-type activities <br />Water <br />Sewer <br /> <br />Total depreciation expense - business-type activities <br /> <br />-27- <br /> <br />Ending <br />Balance <br /> <br />$ 1,387,134 <br /> <br />5,553,485 <br /> <br />(1,169,956) <br /> <br />4,383,529 <br /> <br />$ 5.770,663 <br /> <br />$ 27,175 <br />5,764 <br />129,555 <br />40,619 <br /> <br />$ 203,113 <br /> <br />$ 75,911 <br />84,652 <br /> <br />$ 160,563 <br />
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