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CITY OF G.EM LAKE, MINNESOTA <br />NOTES TO 13ASIC FINANCIAL STATEMENTS <br />ā¯‘ECEMBER 31, Z0'11 <br />NOTE 3 CAPITAL ASSETS <br />Capital asset activity for the year ended December 31, 2011 was as follows: <br />Beginning Ending <br />Governmental Activities <br />Capita[Assets. Being depreciated; <br />Buildings <br />Office Equipment <br />Infrastructure <br />Total Capital Assets Being Depreciated. <br />Accumulated Depreciation: <br />Buildings <br />Office. Equipment <br />Infrastructure <br />Total Accumulated Depreciation <br />Net Capital Assets - CapRai.Activities <br />$. 898,708 $ <br />13,190 <br />71.2,788: _ <br />1,524,686. <br />Increases Decreases Balance. <br />3,524, <br />3,524 <br />902,232 <br />13,190. <br />- 71.2.,788 <br />1,629,210 <br />(64.595) (22;487) - (87.692) <br />(4,508) 0 ;506) - (51014) <br />(236;822) (38,436) (275,258) <br />{M5,925) (62,439) - (368;364) <br />$ 1.,3:18,761 $ {58;915} - 5 1.,250,846 <br />Depreciation. expense was charged to the.governmentaI furictions as follows; <br />General Government 24,803 <br />Public Works 38,436 <br />Total Depreciation - Gave rnmental..Activities 621439 <br />sevvw Utility <br />Capital Assets Being. Depreciated` <br />Infrastructure <br />Less: Accumulated Depreciation <br />.Net Capital Assets.- Sewer Utllity <br />Beginning. Ending <br />Balance Increases Decreases Balance <br />s E17,5n.. $. - S - $ 617,539 <br />(74.517) (12,456) - (86,973) <br />3 543,022 $ (12.456) $ S 5n,566 <br />I <br />(25). <br />