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Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2017
<br />NOTE 5 - CAPITAL ASSETS — Continued
<br />B. Business -type Activities
<br />Primary Government
<br />Beginning
<br />Business -type activities:
<br />Balance
<br />Capital assets, not being depreciated:
<br />17,712,913
<br />Land, improvements to land
<br />$ 27,492,902
<br />Intangibles
<br />1,750,838
<br />Construction in progress
<br />2,304,979
<br />Total capital assets, not being depreciated
<br />31,548,719
<br />Capital assets, being depreciated:
<br />Buildings, distribution systems, & improvements 448,111,192
<br />Intangibles 1,224,215
<br />Equipment 16,528,821
<br />Total capital assets, being depreciated 465,864,228
<br />Less accumulated depreciation for:
<br />Ending
<br />Additinnc Deletinna Ralanre
<br />$ - $ - $ 27,492,902
<br />26,134 - 1,776,972
<br />3,618,557 (2,350,866) 3,572,670
<br />3,644,691 (2,350,866) 32,842,544
<br />5,650,270 (702,714)
<br />453,058,748
<br />- (6,154)
<br />1,218,061
<br />1,422,375 (238,283)
<br />17,712,913
<br />7,072,645 (947,151)
<br />471,989,722
<br />Buildings, distribution systems, & improvements
<br />(252,824,571)
<br />(14,875,023)
<br />680,499
<br />(267,019,095)
<br />Intangibles
<br />(884,182)
<br />(133,369)
<br />6,154
<br />(1,011,397)
<br />Equipment
<br />(13,219,770)
<br />(1,043,475)
<br />230,030
<br />(14,033,215)
<br />Total accumulated depreciation
<br />(266,928,523)
<br />(16,051,867)
<br />916,683
<br />(282,063,707)
<br />Total capital assets, being depreciated, net
<br />198,935,705
<br />(8,979,222)
<br />(30,468)
<br />189,926,015
<br />Business -type activities capital assets, net $ 230,484,424 $ (5,334,531) $ (2,381,334) $ 222,768,559
<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 />Total depreciation expense — business -type activities
<br />. •
<br />$ 1,097,197
<br />175,455
<br />14,694,707
<br />84,508
<br />16.051.867
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