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NOTE 6 - CAPITAL ASSETS —
<br />B. Business -type Activities
<br />Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2013
<br />Continued
<br />Primary Government
<br />Business -type activities:
<br />Capital assets, not being depreciated:
<br />Land
<br />Intangibles
<br />Construction in progress
<br />Total capital assets, not being depreciated
<br />Beginning
<br />Balance Additions Deletions
<br />$ 27,322,149 $
<br />1,431,112
<br />6,535,100
<br />35,288,361
<br />-$
<br />29,795
<br />7,091,662
<br />(275,890)
<br />7,121,457 (275,890)
<br />Capital assets, being depreciated:
<br />Buildings, distribution systems, & improvements 414,175,362 1,951,917 (1,529)
<br />Intangibles 907,347
<br />Equipment 14,467,382 585,608 (730,846)
<br />Total capital assets, being depreciated 429,550,091 2,537,525 (732,375)
<br />Less accumulated depreciation for:
<br />Buildings, distribution systems, & improvements
<br />Intangibles
<br />Equipment
<br />Total accumulated depreciation
<br />Total capital assets, being depreciated, net
<br />Business -type activities capital assets, net
<br />(194,155,984)
<br />(492,771)
<br />(12,868,838)
<br />(14,792,477)
<br />(70,344)
<br />(533,947)
<br />(207,517,593) (15,396,768)
<br />222,032,498 (12,859,243)
<br />$ 257,320,859 $
<br />1,529
<br />710,405
<br />Ending
<br />Balance
<br />$ 27,322,149
<br />1,460,907
<br />13,350,872
<br />42,133,928
<br />416,125,750
<br />907,347
<br />14,322,144
<br />431,355,241
<br />(208,946,932)
<br />(563,115)
<br />(12,692,380)
<br />711,934 (222,202,427)
<br />(20,441) 209,152,814
<br />(5,737,786) $ (296,331) $ 251,286,742
<br />Depreciation expense, which includes amortization expense on intangible assets, was charged to the
<br />functions/programs of the primary government's business -type activities as follows:
<br />Solid Waste Disposal District
<br />Golf Course
<br />County Utilities
<br />County Building
<br />$ 840,661
<br />122,648
<br />14,424,758
<br />8,701
<br />Total depreciation expense — business -type activities $ 15,396,768
<br />The beginning balance reported for land was increased by $6,036,139 and the beginning balance for
<br />buildings, distribution systems, and improvements was decreased by $6,036,139 to reflect the
<br />reclassification of capital assets from improvements to land.
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