|
Cabarrus County, North Carolina
<br />Notes to the Financial Statements
<br />For the Year Ended June 30, 2011
<br />Depreciation expense was charged to function /programs of the primary government as follows
<br />Governmental activities:
<br />General Government
<br />Beginning
<br />Public Safety
<br />2,962,085
<br />Ending
<br />27,044
<br />Balance
<br />Increases
<br />Decreases
<br />Transfers Balance
<br />Less accumulated depreciation for:
<br />1,191,608
<br />Total depreciation expense - governmental activities
<br />6,223,261
<br />- 5,500
<br />Buildings
<br />16,076,204
<br />2,635,065
<br />-
<br />- 18,711,269
<br />Building Improvements
<br />2,923,499
<br />401,333
<br />(130,697)
<br />- 3,194,135
<br />Equipment
<br />7,860,568
<br />1,512,566
<br />(912,037)
<br />- 8,461,097
<br />Furniture and Fixtures
<br />665,296
<br />58,100
<br />-
<br />- 723,396
<br />Land Improvements
<br />2,706,463
<br />418,680
<br />-
<br />- 3,125,143
<br />Vehicles
<br />4,496,063
<br />1,175,752
<br />(316,975)
<br />- 5,354,840
<br />Reservoir
<br />304,717
<br />21,765
<br />-
<br />- 326,482
<br />Total accumulated depreciation
<br />35,032,810
<br />6,223,261
<br />(1,359,709)
<br />- 39,896,362
<br />Total Capital Assets, being depreciated, net
<br />137,445,658
<br />(4,230,751)
<br />(493,084)
<br />836,616 133,558,439
<br />Governmental Capital Assets, net
<br />$ 219,001,854
<br />$ 420,183
<br />$ (496,802) $
<br />- $ 218,925,235
<br />Depreciation expense was charged to function /programs of the primary government as follows
<br />Governmental activities:
<br />General Government
<br />$ 1,197,417
<br />Public Safety
<br />2,962,085
<br />Environmental Protection
<br />27,044
<br />Economic & Physical Dev
<br />17,007
<br />Human Services
<br />828,100
<br />Culture & Recreation
<br />1,191,608
<br />Total depreciation expense - governmental activities
<br />6,223,261
<br />Capital asset activity for the year ended June 30, 2011
<br />Beginning Ending
<br />Balance Increases Decreases Transfers Balance
<br />Business -type activities:
<br />Capital assets, not being depreciated:
<br />Land $ 490,447 $ - $ - $ - $ 490,447
<br />Construction in Progress 215,961 136,716 - - 352,677
<br />Total Capital assets, not being depreciated: 706,408 1 36,716 - - 843,124
<br />Capital assets, being depreciated
<br />Land Improvements
<br />1,340,603 - -
<br />- 1,340,603
<br />Vehicles
<br />2,290,939 193,986 (14,915)
<br />- 2,470,010
<br />Equipment
<br />215,016 - -
<br />- 215,016
<br />Buildings
<br />1,304,164 - -
<br />- 1,304,164
<br />Building Improvements
<br />5,500 - -
<br />- 5,500
<br />Total Capital assets, being depreciated:
<br />5,156,222 193,986 (14,915)
<br />- 5,335,293
<br />53 Attachment number 1
<br />1 -3 Page 175
<br />
|