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CAPITAL ASSETS AND DEBT ADMINISTRATION <br />Capital Assets <br />At December 31, 2005, the District had $133,366,724 invested in capital assets which consisted <br />primarily of perpetual water rights. There was little change in capital assets during the year. <br />Perpetual water rights <br />Land <br />Buildings and improvements <br />Furniture and equipment <br />Accumulated depreciation <br />Construction-in-progress <br />Capital assets, net <br />FINANCIAL CONTACT <br />Capital Assets at December 31 <br />2005 2004 <br />$ 132,237,478 <br />20,092 <br />1,186,531 <br />482,086 <br />133,926,187 <br />(559,463) <br />$ 132,237,478 <br />20,092 <br />953,810 <br />418,149 <br />133,629,529 <br />(449,349) <br />215,936 <br />133,366,724 <br />133.396.116 <br />The District's financial statements are designed to present users with a general overview of the District's <br />finances and to demonstrate the District's accountability. Any questions should be directed to the staff <br />at the District office at 31717 United Avenue, Pueblo, Colorado, 81001. <br />-7- <br />