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Capital Assets <br />Buildings and Improvements <br />$321.7 $333.3 <br />Land <br />170.0 163.9 <br />Infrastructure <br />151.4 156.4 <br />Construction in Progress <br />69.7 43.2 <br />Right -of -Way <br />66.8 63.2 <br />Equipment <br />36.4 33.1 <br />Intangibles <br />4.5 4.6 <br />(Chart in millions) <br />The County's investment in capital assets for its <br />governmental and business -type activities on <br />September 30, 2020 amounted to $820.5 million, <br />net of accumulated depreciation. This investment in <br />capital assets includes land, right-of-way, buildings <br />and improvements, intangibles, equipment, <br />infrastructure, and construction in progress. The <br />overall increase in the County's investment in <br />capital assets for fiscal year 2020 was 2.8% over <br />the previous year. <br />Fiscal year 2020 saw an increase in right-of-way <br />purchases for 37th Street from US1 to Indian River <br />Boulevard, an increase in equipment due to the <br />purchases of emergency services and road <br />maintenance equipment, and an increase in <br />construction in progress due to the near completion <br />of the Sector 5 beach renourishment project, <br />improvements at the Jones Pier conservation area, <br />and improvements at the Jackie Robinson Training <br />Center. The only major decreases occurred in <br />buildings and improvements and in infrastructure <br />as a result of increasing depreciation on existing <br />assets. <br />Construction in Progress, 8.5% Equipment, 4.4% <br />Right -of -Way, 8.1% Intangibles, 0.6% <br />Photos of the new courtroom at the Indian River County Courthouse <br />16 <br />Photos courtesy of the Indian River County Public Works <br />tee. <br />