2022 Annual Comprehensive Financial Report

Right to use asset activity for the City for the year ended June 30, 2022, was as follows:

Governmental Activites:

Beginning

Ending Balance

Balance, Restated

Increases

Decreases

Right to Use Assets Equipment

$

12,612,361

$

2,561,793 8,205,596 1,825,560

$

$

15,174,154 8,205,596 3,627,667

Buildings

Computer Equipment

1,802,107

Furniture

10,192

10,192

Total Right to Use Assets

14,424,660

12,592,949

27,017,609

Less Accumulated Amortization for: Equipment

(3,830,390) (740,786) (982,421)

(3,830,390) (740,786) (982,421)

Buildings

Computer Equipment

Furniture

(2,983)

(2,983)

Total Accumulated Amortization

(5,556,580)

(5,556,580)

Right to Use Assets, Net

$

14,424,660

$

7,036,369

$

$

21,461,029

Business-Type Activites:

Beginning

Ending Balance

Balance, Restated

Increases

Decreases

Right to Use Assets Equipment

$

$

370,039 289,209 659,248

$

$

370,039 289,209 659,248

Vehicles

Total Right to Use Assets

Less Accumulated Amortization for: Equipment

(110,625) (88,369) (198,994)

(110,625) (88,369) (198,994)

Vehicles

Total Accumulated Amortization

Right to Use Assets, Net

$

$

460,254

$

$

460,254

Right to use asset activity for the ABC Board for the year ended June 30, 2022, was as follows:

Beginning

Ending Balance

Balance, Restated

Increases

Decreases

Right to Use Assets Building

$

$

78,271

$

$

1,957,158

1,878,887

Less Accumulated Amortization for: Building

(301,646) (223,375)

(301,646) 1,655,512

Right to Use Assets, Net

$

1,878,887

$

$

$

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