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MORGAN COUNTY Q UALITY WATER DISTRICT
<br /> Notes to Financial Statements
<br /> Note C Capital assets 1
<br /> Capital asset activity for the year was as follows:
<br /> Beginning Deletions/ Ending
<br /> Balance Additions Adjustments Balance
<br /> Land and improvements $ 929,086 $ - $ = $ 929,086 I
<br /> Buildings and improvements 246,948 - - 246,948
<br /> Machinery and equipment 1,271,012 83,365 (41,824) 1,312,553
<br /> Water system 12,212,404 99,634 - 12,312,038 I
<br /> Southern water supply project 3,575,215 - 3,575,215
<br /> Krause ranch water supply 3,099,167 - 332,680 3,431,847
<br /> Brungardt farm water supply 518,242 - (234,803) 283,439
<br /> Mainline master project 233,718 177,767 - 411,485
<br /> San Arroyo project 1,462,245 - 395,907 1,858,152
<br /> Snyder pump station project 324,670 - - 324,670
<br /> Construction in progress 336,557 718,825 (728,587) 326,795
<br /> Accumulated depreciation (9,127.4881 (562,7901 47,231 (9,643,0471'
<br /> Capital assets, net of
<br /> depreciation $ 15,081,776 $ 516,801 $ (229,3961 $ 15,369,181
<br /> Note D-Water investments
<br /> The District has purchased units of Colorado-Big Thompson Water as follows: '
<br /> Year Units Cost
<br /> 1988 20 $ 15,000 1
<br /> 1996 25 45,664
<br /> 1999 40 191,565 '
<br /> 2000 - 1,179
<br /> 2001 40 475,920
<br /> 2002 46 483,070
<br /> 2003 80 920,000 '
<br /> 2004 80 920,000
<br /> 2005 275 2,936,210
<br /> 2006 185 1,875,140 I
<br /> 2007 137 1,317,800
<br /> 2008 124 1,215,200
<br /> 2010 45 288,000
<br /> Totals 1,097 $10,684,748
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<br /> -20-
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