2022 Annual Comprehensive Financial Report

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

Governmental

Business-Type

Activities

Activities

Total

2022

2021

2022

2021

2022

2021

Land

$

118,437 16,848 26,870 120,387

$

116,939 25,213 24,097 108,998

$

62,047 186,942 27,230 21,924 327,232 23,926 57,432 420,957 72,769

$

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

$

180,484 203,790 27,230 48,794 447,619 24,001 106,076 654,884 73,350

$

178,890 171,220 26,623 46,791 439,927 24,791 119,639 646,802 74,073

Construction in Progress Intangible Assets - Easements

Land Improvements

Buildings

Improvements other than Buildings Furniture, Fixtures, Machinery and Equipment

75

78

48,644 233,927

61,567 229,716

Infrastructure Intangible Assets

581

380

$

1,200,459 $

1,161,768 $

1,766,228 $

1,728,756 $

Total Capital Assets

$

565,769

566,988

This year’s major capital asset additions included: • Business Activities asset net additions totaled over $38.7 million, with most of the increase due to new construction in progress, water and sewer infrastructure and other utility system improvements. Developers also donated approximately $980 thousand of the additional water and sewer infrastructure line improvements. • General government additions were mainly $16.8 million for completed construction of Fire Station #7 and #56 buildings, $12.8 million for right-of-ways, sidewalks, and $4.8 million for improvements at Battleground Park most of which are bond funded. Construction in progress for governmental-type and business-type capital assets totaled $16,848,296 and $186,942,136 respectively as of June 30, 2022 compared to $25,213,006 and $146,006,539 last year. The City adopted the FY 2022-2031 Capital Improvements Program (CIP) totaling $1,910,801,588 for projects as outlined below:

Table C-2 CIP Expenditures – 10 Year Plan

CIP Expenditure Category by Service Area

% of Total CIP

Infrastructure

79.0% 14.1%

Community Services

Public Safety

6.9% 100.0%

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