village of wellington, florida

NOTE 5. CAPITAL ASSETS (Continued)BeginningEndingBalance Increases Decreases Reclassification BalanceBusiness-type activities:Capital assets, not being depreciated:Land $ 8,996,705 $ - $ - $ - $ 8,996,705Construction in progress 32,700,604 6,666,668 (177,000) (33,857,365) 5,332,907Total capital assets, not being depreciated 41,697,309 6,666,668 (177,000) (33,857,365) 14,329,612Capital assets, being depreciated:Buildings 3,358,222 4,965 - - 3,363,187Land improvements 3,162,890 - - - 3,162,890Furniture, fixtures, equipment and vehicles 3,414,980 269,537 (157,399) - 3,527,118Meters 4,930,461 - (4,931,643) 4,691,524 4,690,342Major equipment 9,364,430 - (19,180) - 9,345,250Water and wastewater plant 25,343,000 - - 20,652,995 45,995,995Wells 7,355,453 - - 4,216,833 11,572,286Telemetry 479,020 - - - 479,020Distribution lines 71,671,379 1,918,511 - 4,296,013 77,885,903Total capital assets, being depreciated 129,079,835 2,193,013 (5,108,222) 33,857,365 160,021,991Less accumulated depreciation for:Buildings (640,331) (111,165) - - (751,496)Land improvements (725,595) (296,902) - - (1,022,497)Furniture, fixtures, equipment and vehicles (3,059,553) (251,505) 132,095 - (3,178,963)Meters (2,653,433) (593,631) 2,598,762 - (648,302)Major equipment (8,392,263) (164,009) 19,180 - (8,537,092)Water and wastewater plant (13,304,947) (1,197,668) - - (14,502,615)Wells (6,060,323) (365,029) - - (6,425,352)Telemetry (449,573) (14,739) - - (464,312)Distribution lines (26,663,615) (1,873,291) - - (28,536,906)Total accumulated depreciation (61,949,633) (4,867,939) 2,750,037 - (64,067,535)Total capital assets, being depreciated, net 67,130,202 (2,674,926) (2,358,185) 33,857,365 95,954,456Business-type activities capital assets, net $ 108,827,511 $ 3,991,742 $ (2,535,185) $ - $ 110,284,068Depreciation expense was charged to functions as follows:Governmental activities:General government $ 323,448Planning and development 65,098Engineering and public works 1,491,456Surface water management 1,422,993Transportation 622,854Culture and recreation 2,350,992Total depreciation expense - governmental activities $ 6,276,841Business-type activities:Water utility $ 4,849,894Solid waste 18,045Total depreciation expense - business-type activities $ 4,867,93942