• :.
<br />.• . .� „ .
<br />� „ : :.
<br />I�]Ote_6�ixed_ASSe[c/Prnxrty and nlugIIient
<br />Changes in the General Fized Asset Account Group for 1995 were as follows:
<br />Land
<br />Buildings
<br />Improvemenu
<br />otherthao buildings
<br />Machinery and
<br />equipment
<br />ConsSruction 'sn
<br />Balance
<br />Janua*rv 1, t 995
<br />$ 3,731,936
<br />9,869,567
<br />63,990,657
<br />7,795,209
<br />Additions
<br />$ 390,461
<br />1,509,754
<br />4,548,396
<br />Balance
<br />DisposaLs Decembec31,1995
<br />$ 4,122,397
<br />11,379,321
<br />68,539,053
<br />78,517 $ 129,425 7,744,301
<br />progress i'75,309 _157.,��Z _—_1Z5.,3Q2 167,557
<br />Total $�5 Sb2 528 $__f�594 685 $__304J34 $��624
<br />The Construction in Progress for 1995, in the amount of $167,557, consists only of street construction projects.
<br />No materiai contract commitments aze outstanding at December 31, 1995.
<br />' A summary of Enterprise Fund property and equipment on December 31, 1995 was as follows:
<br />Furniture, Less
<br />Buildings & Equipment, Distribution Accumulated
<br />Land Stcuctures &_Velucles System Dspceciation Total
<br />Sanitary
<br />Sewer $ 362,697 $ 462,486 $ 8,319,355 $ 3,067,321 $ 6,077,217
<br />Water 1,459,819 1,172,507 10,209,686 3,824,194 9,017,818
<br />Golf $ 452,819 124,823 243,607 230,897 590,352
<br />Storm
<br />Drainage 1,106,903 622,433 11,914,13� 2,421,947 11,221,326
<br />Solid Waste �b,42Z �4.862 _-31,56�
<br />Total $ 1 559 922 $_1,941 339 $ 2 313,855 �3(l 443, t'79 $�,5_61�11 �2�438,278
<br />No[e__7_-LongSerml�eht
<br />T'he Ciry has two types of bonded debt outstanding at December 31, 1995. They aze: (1) General Obligation Improvements (Special
<br />Assessment) Bonds and (2) General Obligation Tax Increment Bonds.
<br />The first type is payable primazily from general properry taxes and special assessments. The second type is payable from taz
<br />increments.
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