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Cabarrus County, North Carolina
<br />Notes to the Financial Statements
<br />For the Year Ended June 30, 2010
<br />E. Capital Assets
<br />Capital asset activity for the year ended June 30, 2010:
<br />1. Primary Government
<br />Governmental activities:
<br />Capital Assets not being depreciated:
<br />Land
<br />Construction in Progress
<br />Total capital assets not being depreciated
<br />Capital Assets being depreciated:
<br />Buildings
<br />Building Improvements
<br />Equipment
<br />Furniture and Fixtures
<br />Land Improvements
<br />Vehicles
<br />Reservoir
<br />Total capital assets being depreciated
<br />Less accumulated depreciation for:
<br />Buildings
<br />Building Improvements
<br />Equipment
<br />Furniture and Fixtures
<br />Land Improvements
<br />Vehicles
<br />Reservoir
<br />Total accumulated depreciation
<br />Beginning
<br />$ 1,149,524
<br />Public Safety
<br />1,460,188
<br />Ending
<br />Balance
<br />Increases
<br />Decreases
<br />Transfers
<br />Balance
<br />$ 24,013,499
<br />$ -
<br />$ -
<br />$ - $
<br />24,013,499
<br />86,966,511
<br />29,327,687
<br />(120,048)
<br />(58,631,453)
<br />57,542,697
<br />110,980,010
<br />29,327,687
<br />(120,048)
<br />(58,631,453)
<br />81,556,196
<br />50,842,860
<br />-,
<br />-
<br />54,039,072
<br />104,881,932
<br />14,672,297
<br />521,837
<br />-
<br />549,793
<br />15,743,927
<br />10,953,440
<br />668,694
<br />(854,460)
<br />2,709,798
<br />13,477,472
<br />821,892
<br />-
<br />-
<br />-
<br />821,892
<br />5,986,463
<br />88,458
<br />-
<br />1,332,790
<br />7,407,711
<br />8,049,931
<br />1,085,563
<br />(733,690)
<br />-
<br />8,401,804
<br />21,743,730
<br />-
<br />-
<br />-
<br />21,743,730
<br />113,070,613
<br />2,364,552
<br />(1,588,150)
<br />58,631,453
<br />172,478,468
<br />Beginning
<br />Ending
<br />Balance
<br />Increases
<br />Decreases
<br />Transfers
<br />Balance
<br />14,692,551
<br />1,383,653
<br />-
<br />16,076,204
<br />2,530,453
<br />393,046
<br />-
<br />2,923,499
<br />7,713,656
<br />1,001,372
<br />(854,460)
<br />-
<br />7,860,568
<br />603,794
<br />61,502
<br />-
<br />-
<br />665,296
<br />2,345,710
<br />360,753
<br />-
<br />2,706,463
<br />4,058,835
<br />1,136,222
<br />(698,994)
<br />-
<br />4,496,063
<br />282,951
<br />21,766
<br />-
<br />-
<br />304,717
<br />32,227,950
<br />4,358,314
<br />(1,553,454)
<br />-
<br />35,032,810
<br />Total Capital Assets, being depreciated, net 80,842,663 (1,993,762) (34,696) 58,631,453 137,445,658
<br />Governmental Capital Assets, net $ 191,822,673 $ 27,333,925 $ 154,744 $ - $ 219,001,854
<br />Depreciation expense was charged to function /programs of the primary government as follows:
<br />Governmental activities:
<br />General Government
<br />$ 1,149,524
<br />Public Safety
<br />1,460,188
<br />Environmental Protection
<br />27,044
<br />Economic & Physical Dev
<br />16,644
<br />Human Services
<br />591,114
<br />Culture & Recreation
<br />1,113,800
<br />Total depreciation expense - governmental activities
<br />4.358.314
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<br />G -2 Page 538
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