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CITY OF CENTERVILLE, MINNESOTA
<br />NOTES TO THE FINANCIAL STATEMENTS
<br />DECEMBER 31, 2009
<br />Note 3:DETAILED NOTES ON ALL FUNDS - CONTINUED
<br />D.Capital Assets
<br />Capital asset activity for the year ended December 31, 2009was as follows:
<br />BeginningEnding
<br />BalanceIncreasesDecreasesBalance
<br />Governmental activities
<br />Capital assets not being depreciated
<br />Land$3,099,999$153,121$-$3,253,120
<br />Construction in progress1,647,3012,955,237(132,784)4,469,754
<br />Total capital assets
<br />not being depreciated4,747,3003,108,358(132,784)7,722,874
<br />Capital assets being depreciated
<br />Buildings1,627,438--1,627,438
<br />Infrastructure9,071,678132,784-9,204,462
<br />Machinery and equipment851,02023,255(87,534)786,741
<br />Total capital assets
<br />being depreciated11,550,136156,039(87,534)11,618,641
<br />Less accumulated depreciation for
<br />Buildings(543,296)(37,290)-(580,586)
<br />Infrastructure(2,208,500)(360,454)-(2,568,954)
<br />Machinery and equipment(390,321)(60,073)87,534(362,860)
<br />Total accumulated depreciation(3,142,117)(457,817)87,534(3,512,400)
<br />Total capital assets
<br />being depreciated, net8,408,019(301,778)-8,106,241
<br />Governmental activities
<br />capital assets, net$13,155,319$2,806,580$(132,784)$15,829,115
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