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Capital Asset and Debt Administration Capital assets. Cabarrus County’s investment in capital assets for its governmental and business–type activities as of June 30, 2021, totals $239.3 million (net of accumulated depreciation). These assets include buildings, building improvements, land, land improvements, reservoir, equipment, furniture and fixtures, vehicles, and construction in progress. Major capital asset transactions during the year include: Purchased one vehicle for County Manager, four for Construction Standards, two for Animal Control, two ambulances and one vehicle for Emergency Medical Services, one for ground maintenance, one for infrastructure and asset management, ten for human services, one for Information and Technology, twenty‐eight for Sheriff’s Department and one recycling truck for Waste Reduction and Recycling. Two land purchases ‐ 616 acres for Northeast Area Park project and 13.62 acres for radio tower project. Various Construction projects in progress at the end of the year were the new Court House, Public Safety Training Center, Rob Wallace Park Phase II, Frank Liske restroom for lower lot, Arena Light System Control replacement, IT Fiber Infrastructure Improvements, design for a new EMS Headquarters, Radio Ethernet Backhaul and Edge Project, Enterprise Physical Security Project, Operations Center Upfit, Camp Spencer Park Overlook, Government Center Skylight Repair, West Cabarrus High School Turf Field and Frank Liske Park Barn improvements. 202120202021202020212020Land22,554,842$ 21,533,301$ 490,447$ 490,447$ 23,045,289$ 22,023,748$ Land improvements5,616,962 6,278,851 836,753 930,053 6,453,715 7,208,904 Buildings121,916,108 128,046,528 785,679 817,092 122,701,787 128,863,620 Building improvements14,496,425 15,090,119 ‐ ‐ 14,496,425 15,090,119 Equipment2,779,580 3,554,595 16,275 26,775 2,795,855 3,581,370 Furniture and fixtures116,765 162,930 ‐ ‐ 116,765 162,930 Vehicles5,376,947 4,892,112 ‐ ‐ 5,376,947 4,892,112 Reservoir21,199,593 21,221,358 ‐ ‐ 21,199,593 21,221,358 Construction in progress 43,111,881 12,692,048 ‐ ‐ 43,111,881 12,692,048 Total237,169,103$ 213,471,842$ 2,129,154$ 2,264,367$ 239,298,257$ 215,736,209$ ActivitiesActivitiesTotalCabarrus County’s Capital Assets(net of accumulated depreciation)Figure 4GovernmentalBusiness‐type Additional information on the County’s capital assets can be found in Note 2 section A (5) of the Basic Financial Statements. 20
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