I CITY OF MONTE VISTA, COLORADO
<br /> NOTES TO THE BASIC FINANCIAL STATEMENTS
<br /> December 31, 2011
<br /> I
<br /> NOTE 5 CAPITAL ASSETS
<br /> ICapital asset activity for the year ended December 31, 2011, was as follows:
<br /> 12/31/2010 Additions Deletions 12/31/2011
<br /> I GOVERNMENTAL ACTIVITIES
<br /> Capital assets not being depreciated
<br /> Land $ 869,263 $ - $ - $ 869,263
<br /> I Construction in Progress 40,950 43,826 40,950 43,826
<br /> Total capital assets not being depreciated 910,213 43,826 40,950 913,089
<br /> Capital assets being depreciated
<br /> II, Buildings 2,992,408 654,800 3,647,208
<br /> Infrastructure 3,020,387 3,020,387
<br /> Improvements-Building 626,484 24,709 - 651,193
<br /> I Improvements-Other 2,349,068 43,580 2,392,648
<br /> Machinery and Equipment 1,511,577 240,875 1,752,452
<br /> Cars and Road Vehicles _ 910,698 380,000 42,577 1,248,121
<br /> ITotal capital assets being depreciated 11,410,622 1,343,964 42,577 12,712,009
<br /> Less accumulated depreciation for:
<br /> Buildings 1,882,005 48,010 - 1,930,015
<br /> I Infrastructure 821,678 239,031 - 1,060,709
<br /> Improvements Building 342,473 21,136 363,609
<br /> Improvements-Other 457,436 127,529 - 584,965
<br /> I Machinery and Equipment 972,670 81,304 1,053,974
<br /> Cars and Road Vehicles 689,854 47,706 42,577 694,983
<br /> Total accumulated depreciation 5,166,116 564,716 42,577 5,688,255
<br /> ITotal Capital Assets being depreciated,net 6,244,506 779,248 - 7,023,754
<br /> GOVERNMENTAL ACTIVITIES
<br /> CAPITAL ASSETS,NET $ 7,154,719 $ 823,074 $ 40,950 $ 7,936,843
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<br /> BUSINESS-TYPE ACTIVITIES
<br /> I Capital assets not being depreciated
<br /> Land $ 22,000 $ $ $ 22,000
<br /> Water Rights 684,751 - - 684,751
<br /> Construction in Progress - 28,612 - 28,612
<br /> ITotal capital assets not being depreciated 706,751 28,612 735,363
<br /> Capital assets being depreciated
<br /> I Buildings and Shops 47,650 47,650
<br /> Equipment 506,781 506,781
<br /> Water and Sewer Treatment Plant 4,275,923 12,909 - 4,288,832
<br /> I Transmission and Distribution 4,253,022 4,253,022
<br /> Vehicles 211,412 29,430 10,867 229,975
<br /> Total capital assets being depreciated 9,294,788 42,339 10,867 9,326,260
<br /> ILess: accumulated depreciation 7,116,461 147,666 10,867 7,253,260
<br /> Total Capital Assets being depreciated,net 2,178,327 (105,327) 2,073,000
<br /> BUSINESS-TYPE ACTIVITIES
<br /> ICAPITAL ASSETS,NET $ 2,885,078 $ (76,715) $ - $ 2,808,363
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