2021 Annual Comprehensive Financial Report

Capital Asset and Debt Administration A. Capital Assets

The City’s investment in capital assets including intangible assets for both its governmental and business-type activities as of June 30, 2021, amounts to $1,728,756,113 (net of accumulated depreciation/amortization). These assets include buildings, roads and bridges, land, machinery and equipment, park facilities, vehicles and intangible assets such as easements, software and licenses and water rights among other types of assets. This investment represents an increase of $62,872,887 or 3.8% over the prior year.

Table C-1 Capital Assets (Net of Depreciation/Amortization - in thousands of dollars)

Governmental

Business-Type

Total

Activities

Activities

2021

2020

2021

2020

2021

2020

Land

116,939 $

113,678 $

$

61,951 146,007 26,623 330,929 22,694 24,713 58,072 417,086 73,693

$

61,666 175,237 26,240 300,652 23,053

178,890 $

175,344 $

Construction in Progress Intangible Assets - Easements

25,213

25,193

171,220 26,623 439,927 46,791 24,791 119,639 646,802 74,073

200,430 26,240 397,235 46,705

Buildings

108,998 24,097

96,583 23,652

Land Improvements

Improvements other than Buildings Furniture, Fixtures, Machinery and Equipment

78

80

3,894

3,974

61,567 229,716

58,007 214,509

61,025 407,736 74,670

119,032 622,245 74,678

Infrastructure

Intangible Assets

380

8

Total Capital Assets

566,988 $

531,710 $

1,161,768 $

1,134,173 $

1,728,756 $

1,665,883 $

This year’s major capital asset additions included: • Business Activities asset net additions totaled over $28 million, with most of the increase from water and sewer infrastructure and other utility system improvements. Developers also donated approximately $1.8 million of the additional water and sewer infrastructure line improvements. • General government additions were mainly furniture, fixtures, machinery and equipment at $16.6 million, 23.5 million for right-of-ways, sidewalks, $11.2 million for improvements at the Natural Science Center, and $2.7 million for improvements at Keeley Park, most of which are bond funded. Construction in progress for governmental-type and business-type capital assets totaled $25,213,006 and $146,006,539 respectively as of June 30, 2021 compared to $25,192,612 and $175,237,008 last year.

2t