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CITY OF LA PORTE, TEXAS
<br /> Notes to the Financial Statements
<br /> September 30, 2010
<br /> 4. Capital Assets
<br /> Capital asset activity for the year ended September 30, 2010 was as follows:
<br /> Beginning Ending
<br /> Balance Retirements & Balance
<br /> 10/01/09 Additions Adjustments 09/30/10
<br /> Governmental activities:
<br /> Capital assets, not being depreciated:
<br /> Land $ 9,703,983 $ 39,671 $ (43,844) $ 9,699,810
<br /> Construction in progress 5,565,123 3,216,745 (4,087,050) 4,694,818
<br /> Total capital assets, not being depreciated 15,269,106 3,256,416 (4,130,894) 14,394,628
<br /> Capital assets, being depreciated:
<br /> Buildings and improvements 34,668,088 225,798 (63,982) 34,829,904
<br /> Improvements other than buildings 9,223,362 4,408,113 3,758,722 17,390,197
<br /> Infrastructure 33,943,387 459,654 344,219 34,747,260
<br /> Machinery and equipment 15,756,882 1,217,916 (1,769,095) 15,205,703
<br /> Total capital assets being depreciated 93,591,719 6,311,481 2,269,864 102,173,064
<br /> Less accumulated depreciation for:
<br /> Buildings and improvements 12,770,732 1,466,957 (14,511) 14,223,178
<br /> Improvements other than buildings 5,658,749 471,891 (93,779) 6,036,861
<br /> Infrastructure 18,396,965 1,428,358 (91) 19,825,232
<br /> Machinery and equipment 9,500,921 1,156,008 (1,659,448) 8,997,481
<br /> Total accumulated depreciation 46,327,367 4,523,214 (1,767,829) 49,082,752
<br /> Total capital assets, being depreciated, net 47,264,352 1,788,267 4,037,693 53,090,312
<br /> Governmental activities capital assets, net $ 62,533,458 $ 5,044,683 $ (93,201) $ 67,484,940
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