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CITY OF LA PORTE, TEXAS
<br /> Notes to the Financial Statements
<br /> September 30, 2010
<br /> 4. Capital Assets — Continued
<br /> Beginning Ending
<br /> Balance Retirements & Balance
<br /> 10/01/09 Additions Adjustments 09/30/10
<br /> Business - type activities:
<br /> Capital assets, not being depreciated:
<br /> Land $ 2,308,777 $ - $ - $ 2,308,777
<br /> Construction in progress 10,100,895 1,864,793 (6,910,688) 5,055,000
<br /> Total capital assets, not being depreciated 12,409,672 1,864,793 (6,910,688) 7,363,777
<br /> Capital assets, being depreciated
<br /> Buildings and improvements 1,172,730 - (383,586) 789,144
<br /> Improvements other than buildings 76,569,644 771,025 6,531,564 83,872,233
<br /> Machinery and equipment 530,564 63,339 - 593,903
<br /> Total capital assets, being depreciated 78,272,938 834,364 6,147,978 85,255,280
<br /> Less accumulated depreciation for:
<br /> Buildings and improvements 894,323 27,598 (351,921) 570,000
<br /> Improvements other than buildings 42,783,553 2,502,268 - 45,285,821
<br /> Machinery and equipment 355,872 27,297 - 383,169
<br /> Total accumulated depreciation 44,033,748 2,557,163 (351,921) 46,238,990
<br /> Total capital assets, being depreciated net 34,239,190 (1,722,799) 6,499,899 39,016,290
<br /> Business -type activities capital assets, net $ 46,648,862 $ 141,994 $ (410,789) $ 46,380,067
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