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CABARRUS COUNTY, NORTH CAROLINA NOTES TO THE FINANCIAL STATEMENTS For the Fiscal Year Ended June 30, 2021 Capital asset activity for the year ended June 30, 2021: BeginningEndingBalance Increases Decreases BalanceBusiness‐type activities:Capital assets, not being depreciated:Land490,447$ ‐$ ‐$ 490,447$ Capital assets, being depreciated:Land improvements2,199,396 ‐ ‐ 2,199,396 Vehicles1,922,279 ‐ ‐ 1,922,279 Equipment262,358 ‐ ‐ 262,358 Buildings1,256,544 ‐ ‐ 1,256,544 Total capital assets, being depreciated5,640,577 ‐ ‐ 5,640,577 Less accumulated depreciation for:Land improvements1,269,343 93,300 ‐ 1,362,643 Vehicles1,922,279 ‐ ‐ 1,922,279 Equipment235,583 10,500 ‐ 246,083 Buildings439,452 31,413 ‐ 470,865 Total accumulated depreciation3,866,657 135,213 ‐ 4,001,870 Total capital assets, being depreciated, net1,773,920 (135,213) ‐ 1,638,707 Proprietary capital assets, net2,264,367$ (135,213)$ ‐$ 2,129,154$ 65
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