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METROPOLITAN WASTEWATER MANAGEMENT COMMISSION
<br />NOTES TO FINANCIAL STATEMENTS
<br />June 30, 2005 and 2004
<br />NOTE E - CAPTTAL ASSETS
<br />Capital asset activity for the yeaz ended June 30, 2005 was as follows:
<br /> Beginning Increases Decreases and- Ending
<br /> Balance Reclassifications Balance
<br />Capital assets, not being
<br />depreciated:
<br />Land $ 7,812,697 $ - $ - $ 7,812,697
<br />Construction in Progress 6.612.353 1,187.933 (3,643,027) 4,157.259
<br />Total capita] assets, not being 14,425,050 1,187,933 (3,643,027) 11,969,956
<br />depreciated:
<br />Capital assets, being depreciated:
<br />Buildings 61,478,100 1,191 223,505. 61,702,796
<br />Machinery and Equipment 69,833,571 1,256,814 2,699,096 73,789,481
<br />Other 1.665,663 1.665.663
<br />Total capital assets,being 132,977;334 .1,258,005 2,922,601 137,157,940
<br />depreciated '
<br />Less accumulated depreciation for:
<br />Buildings (30,220,096) (1,762,524) - (31,982,620)
<br />Machinery and Equipment (46,078,442} (2,671,096) 696,246 (48,053,292)
<br />Other (305,492) (84,859) ~ - (390,351)
<br />Total depreciation (76.604,030) (4,518,479) 696.246 X80,426,263)
<br />
<br />Total capital assets, being 56.373,304 (3,260.474) 3,618.847 56.731,677
<br />depreciated, net
<br />Capital assets, net 70.798.354 (2.072.5411 $(-24,180) ~ 68.701:633
<br />17
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