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Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2019
<br />67
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<br />NOTE 5 - CAPITAL ASSETS
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<br />A. Governmental Activities
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<br />Primary Government Beginning Ending
<br />Governmental activities: Balance Additions Deletions Balance
<br />Capital assets, not being depreciated:
<br /> Land $ 134,781,655 $ 2,422,720 $ - $ 137,204,375
<br /> Construction in progress 36,022,705 18,596,010 (23,586,712) 31,032,003
<br /> Right-of-way 59,336,440 4,093,870 (172,902) 63,257,408
<br /> Intangibles 1,184,036 175,083 - 1,359,119
<br /> Infrastructure 3,575,067 - - 3,575,067
<br /> Total capital assets, not being depreciated 234,899,903 25,287,683 (23,759,614) 236,427,972
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<br />Capital assets, being depreciated:
<br /> Buildings and improvements 246,845,048 7,492,309 - 254,337,357
<br /> Equipment 77,329,465 10,853,135 (5,063,322) 83,119,278
<br /> Intangibles 4,923,141 256,417 - 5,179,558
<br /> Infrastructure 357,770,368 13,437,241 - 371,207,609
<br /> Total capital assets, being depreciated 686,868,022 32,039,102 (5,063,322) 713,843,802
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<br />Less accumulated depreciation for:
<br /> Buildings and improvements (84,906,464) (7,548,544) - (92,455,008)
<br /> Equipment (52,425,148) (5,735,881) 3,485,904 (54,675,125)
<br /> Intangibles (3,671,652) (467,665) - (4,139,317)
<br /> Infrastructure (210,287,645) (8,117,141) - (218,404,786)
<br /> Total accumulated depreciation (351,290,909) (21,869,231) 3,485,904 (369,674,236)
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<br /> Total capital assets, being depreciated, net 335,577,113 10,169,871 (1,577,418) 344,169,566
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<br /> Governmental activities capital assets, net $ 570,477,016 $ 35,457,554 $ (25,337,032) $ 580,597,538
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