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include buildings, building improvements, land, land improvements, reservoir, equipment, furniture and
<br />fixtures, vehicles, and construction in progress.
<br />Major capital asset transactions during the year include:
<br />• Purchased 13 new vehicles for the Sheriffs department, 3 vehicles for Animal Control, 3 vehicles
<br />for General Services, 20 new hybrid vehicles for the Department of Social Services, 11 vehicles
<br />for Transportation and 3 ambulances and 4 vehicles for Emergency Medical Services
<br />• Continued work for the construction on the Justice Center Project
<br />• Continued work for a comprehensive Law Enforcement package (OSSI E911), consisting of
<br />software and hardware
<br />• Purchased land for a future park
<br />• Completed a Scale House for the Landfill
<br />• Purchased a dozer for the Landfill
<br />• Renovations were completed for the Governmental Center, Historic Courthouse, Department of
<br />Social Services lobby and replaced the flooring in Gold Hall at the Arena
<br /> Cabarrus County's Capital Assets
<br /> (net of accu mulated depreciation)
<br /> Figure 4
<br /> Governmental Business-type
<br /> Activities Activities Total
<br /> 2009 2008 2009 2008 2009 2008
<br />Land $ 24,013,499 $ 20,464,368 $ 490,447 $ 490,447 $ 24,503,946 $ 20,954,815
<br />Land Improvements 3,640,753 3,960,481 947,313 1,020,654 4,588,066 4,981,135
<br />Buildings 36,150,309 37,359,163 1,189,923 668,142 37,340,232 38,027,305
<br />Building Improvements 12,141,844 11,614,478 4,388 4,526 12,146,232 11,619,004
<br />Equipment 3,239,784 3,775,705 90,756 82,996 3,330,540 3,858,701
<br />Furniture and Fixtures 218,098 77,170 - - 218,098 77,170
<br />Vehicles 3,991,096 2,816,119 1,405,975 1,130,993 5,397,071 3,947,112
<br />Reservoir 21,460,779 21,482,544 - - 21,460,779 21,482,544
<br />Construction in progress 86,966,511 53,320,395 45,511 458,666 87,012,022 53,779,061
<br />Total $ 191,822,673 $ 154,870,423 $ 4,174,313 $ 3,856,424 $ 195,996,986 $ 158,726,847
<br />Additional information on the County's capital assets can be found in note 3 section E of the Basic
<br />Financial Statements.
<br />Long-term Debt. As of June 30, 2009, Cabarrus County had total debt outstanding of $358,546,029 of
<br />which includes General Obligation Bonds that are backed by the full faith and credit of the County and all
<br />other debt is covered by pledged collateral and is subject to appropriation.
<br />21 Attachment number 3
<br />G-8 Page 293
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