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CITY OF ROSEVILLE <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31, 2008 <br />NOTE 4 - DETAILED NOTES ON ALL FUNDS (Continued) <br />C. Capital assets (Continued) <br />Depreciation expense was charged to functions /programs of the City is follows: <br />Governmental activities: <br />General government $ 366,858 <br />Public safety 468,332 <br />Public works including depreciation of infrastructure 2,352,211 <br />Recreation 791,190 <br />Total depreciation expense - governmental activities $ 3,978,591 <br />Business -type activities: <br />Sanitary sewer $ 201,377 <br />W ater 207,765 <br />G olf 19,718 <br />Storm drainage 288,110 <br />Total depreciation expense - business -type activities $ 716,970 <br />Change in Accounting Principle <br />At the beginning of the fiscal year, the City changed the accounting principle related to the capitalization <br />of capital assets, raising the threshold level for tracking and recording capital assets from $2,000 to <br />$5,000. <br />D. Construction commitments <br />The City has a couple of construction projects in progress as of December 31, 2008. The projects include <br />the improvement of existing streets, water, sewer, and storm systems, and expansion/remodel of the <br />skating center. At year- end the commitments with these contractors are as follows: <br />Remaining <br />Project Spent -to -Date Commitment <br />County road C streetscape $ 454,898 $ 23,942 <br />Residential streets, water, and storm construction $ 11007,360 $ 52,687 <br />Skating center ge o thermal cooling system $ 21314,008 $ 45,610 <br />•1 <br />