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CABARRUS COUNTY, NORTH CAROLINA NOTES TO THE FINANCIAL STATEMENTS For the Fiscal Year Ended June 30, 2021 BeginningEndingBalance Increases Decreases BalanceLess accumulated depreciation for:Buildings49,623,990 4,293,914 (818,968) 53,098,936 Building improvements7,501,623 565,576 (21,861) 8,045,338 Equipment17,844,872 1,458,833 ‐ 19,303,705 Furniture and fixtures1,314,885 46,165 ‐ 1,361,050 Land improvements6,946,295 661,889 ‐ 7,608,184 Vehicles10,965,894 1,910,258 (1,131,931) 11,744,221 Reservoir522,372 21,765 ‐ 544,137 Total accumulated depreciation94,719,931 8,958,400 (1,972,760) 101,705,571 Total capital assets, being depreciated, net179,246,493 (5,873,270) (1,870,844) 171,502,379 Governmental and Internal Service Fund Capital Assets, net213,471,842$ 25,587,738$ (1,890,477)$ 237,169,103$ Depreciation expense was charged to function/programs of the primary government as follows: Governmental activities: General government1,593,515$ Public safety5,323,624 Economic & physical development42,028 Environmental protection development43,322 Human services338,443 Culture & recreation1,617,468 Total depreciation expense ‐ governmental & internal services activities8,958,400$ 64
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