Comprehensive Annual Financial Report - St. Tammany Parish ...

ST. TAMMANY PARISH GOVERNMENT
Notes to the Financial Statements 2010
C. Capital Assets
Depreciation expense of $12,651,036 for the year ended December 31, 2010, was charged to the following governmental
functions:
Governmental Activities:
General government $1,453,349
Public safety 1,189,184
Highways and streets 9,596,263
Sanitation 26,314
Health and welfare 87,481
Cultural and recreation 295,437
Economic development 3,008
Total depreciation expense – governmental activities $12,651,036
Business-type activities:
Property Management $146,858
Utility Operations 2,316,788
Total depreciation expense – business type activities $2,463,646
Capital assets and depreciation activity as of and for the year ended December 31, 2010, for the primary government are as
follows:
Primary Government Beginning Balance Increases Decreases Re-classes Ending Balance
Governmental activities:
Capital assets, not being depreciated:
Land $37,646,837 $6,462,769 $ - $ - $44,109,606
Land Imp-non-exhaustible 107,122 - - - 107,122
Construction in progress 7,251,542 2,322,419 - (1,035,983) 8,537,978
Infrastructure:
Land 8,131,125 802,021 - (461,777) 8,471,369
Land improvements-non-exhaustible 3,141,072 506,741 - 461,777 4,109,590
Construction in progress 2,986,488 14,549,477 - (10,251,431) 7,284,534
Total capital assets, not being depreciated 59,264,186 24,643,427 - (11,287,414) 72,620,199
Capital Assets being depreciated:
Land Improvements 4,177,446 10,577 - 632,658 4,820,681
Buildings 81,177,634 - - 232,719 81,410,353
Building Improvements 3,036,650 - - 19,012 3,055,662
Water and Sewer Systems 156,279 25,198 - (25,198) 156,279
Vehicles 3,037,457 75,164 - 1,004,437 4,117,058
Machinery and equipment 18,474,220 245,243 - 3,335 18,722,798
Office/Other equipment 5,971,781 1,113,576 - 168,005 7,253,362
Infrastructure:
Roads 223,817,326 3,948,527 (1,804,394) 7,950,577 233,912,036
Other 11,179,356 - - 2,300,854 13,480,210
Total capital assets being depreciated 351,028,149 5,418,285 (1,804,394) 12,286,399 366,928,439
Less accumulated depreciation for:
Land Improvements (651,083) (225,101) - - (876,184)
Buildings (17,642,392) (2,032,872) - - (19,675,264)
Building Improvements (312,097) (143,196) - - (455,293)
Water and Sewer Systems (90,642) (6,251) - - (96,893)
Vehicles (2,455,675) (240,861) - (857,540) (3,554,076)
Machinery and equipment (13,653,902) (1,268,705) - (3,335) (14,925,942)
Office/Other equipment (3,833,151) (527,374) - (126,022) (4,486,547)
Infrastructure:
Roads (65,286,691) (7,797,777) 932,252 - (72,152,216)
Other (2,271,968) (408,899) - - (2,680,867)
Total accumulated depreciation (106,197,601) (12,651,036) 932,252 (986,897) (118,903,282)
Total capital assets being depreciated, net 244,830,548 (7,232,751) (872,142) 11,299,502 248,025,157
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