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Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2020
<br />NOTE 5 - CAPITAL ASSETS - Continued
<br />B. Business -type Activities
<br />Primary Government
<br />Business -type activities:
<br />Capital assets, not being depreciated:
<br />Land, improvements to land
<br />Intangibles
<br />Construction in progress
<br />Total capital assets,
<br />not being depreciated
<br />Capital assets, being depreciated:
<br />Buildings, distribution systems,
<br />& improvements
<br />Intangibles
<br />Equipment
<br />Total capital assets,
<br />being depreciated
<br />Less accumulated depreciation for:
<br />Buildings, distribution systems,
<br />& improvements
<br />Intangibles
<br />Equipment
<br />Total accumulated depreciation
<br />Total capital assets, being depreciated, net
<br />Business -type activities capital assets, net
<br />Beginning
<br />Balance
<br />$
<br />26,743,876
<br />2,004,534
<br />12,159,867
<br />40,908,277
<br />467,497,598
<br />1,321,831
<br />19,409,052
<br />488,228,481
<br />(296,068,840)
<br />(1,174,213)
<br />(14,782,500)
<br />(312,025,553)
<br />176,202,928
<br />$
<br />217,111,205
<br />Additions
<br />Deletions
<br />$ 6,009,325 $
<br />145,695
<br />11,358,039
<br />17,513,059
<br />3,147,989
<br />2,386,560
<br />5,534,549
<br />(14,175,179)
<br />(36,625)
<br />(1,627,257)
<br />(15,839,061)
<br />(10, 304, 512 )
<br />Transfers
<br />Ending
<br />Balance
<br />$ - $ 32,753,201
<br />- 2,150, 229
<br />(2,873) (6,781,610) 16,733,423
<br />(2,873) (6,781,610) 51,636,853
<br />(6,609) 6,602,249
<br />(10, 768)
<br />(670,484)
<br />(687,861)
<br />6,609
<br />10,768
<br />670,313
<br />687,690
<br />477,241,227
<br />1,311,063
<br />179,361 21,304,489
<br />6,781,610 499,856,779
<br />(310,237,410)
<br />(1,200,070)
<br />(15,739,444)
<br />(327,176,924)
<br />(171) 6,781,610 172,679,855
<br />$ 7,208,547 $ (3,044) $
<br />$ 224,316,708
<br />Depreciation expense, which includes amortization expense on intangible assets, was
<br />charged to the functions/programs of the primary government's business -type activities as
<br />follows:
<br />Solid Waste Disposal District
<br />Golf Course
<br />County Utilities
<br />County Building
<br />$ 1,171,337
<br />252,108
<br />14,335,659
<br />79,957
<br />Total depreciation expense - business -type activities S15,839,061
<br />72
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