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<br />CITY OF LA PORTE, TEXAS
<br />Notes to the Financial Statements
<br />September 30, 2008
<br />4. Capital Assets - Continued
<br /> Beginning Ending
<br /> Balance Retirements & Balance
<br /> 10/01/07 Additions Adjustments 09/30/08
<br />Business-type activities:
<br />Capital assets, not being depreciated:
<br />Land $ 2,308,777 $ $ $ 2,308,777
<br />Construction in progress 3,141,809 3,584,628 (142,378) 6,584,059
<br />Total capital assets, not being depreciated 5,450,586 3,584,628 (142,378) 8,892,836
<br />Capital assets, being depreciated
<br />Buildings and improvements 1,166,840 1,166,840
<br />Improvements other than buildings 69,928,070 2,650,131 1,334,855 73,913,056
<br />Machinery and equipment 525,652 525,652
<br />Total capital assets, being depreciated 71,620,562 2,650,131 1,334,855 75,605,548
<br />Less accumulated depreciation for:
<br />Buildings and improvements 805,933 46,038 851,971
<br />Improvements other than buildings 38,230,921 2,225,689 293 40,456,903
<br />Machinery and equipment 345,427 26,081 371,507
<br />Total accumulated depreciation 39,382,281 2,297,808 293 41,680,381
<br />Total capital assets, being depreciated net 32,238,281 352,323 1,334,562 33,925,166
<br />Business-type activities capital assets, net $ 37,688,867 $ 3,936,951 $ 1 ,192,184 $42,818,002
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