2023 Annual Comprehensive Report

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

Business-Type

Governmental

Activities

Total

Activities

2023

2022

2023

2022

2023

2022

Land

$

119,981 $

118,437 $

62,454 $

62,047 $

182,435 $

180,484 203,790 27,230 48,794 447,619 24,001 106,076 654,884 73,350 21,921

Construction in Progress Intangible Assets - Easements

25,761

16,848

258,463 27,491 23,828 315,818 23,138 60,673 425,911 71,726

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

284,224 27,491 50,581 434,481 23,211 110,833 659,973 72,072 20,590 11,323

Land Improvements

26,753 118,663

26,870 120,387

Buildings

Improvements other than Buildings Furniture, Fixtures, Machinery and Equipment

73

75

50,160 234,062

48,644 233,927

Infrastructure

Intangible Assets - Other Right to Use Lease Assets

346

581

20,284 10,203

21,461

306

460

Right to Use IT Subscription Assets

1,120

Total Capital Assets

$

606,286 $

587,230 $ 1,270,928 $ 1,200,919 $ 1,877,214 $ 1,788,149

This year’s major capital asset additions included: • Business Activities asset net additions totaled over $96.9 million, with most of the increase due to new construction in progress and infrastructure in Water Resources. Developers also donated approximately $403 thousand of the additional water and sewer infrastructure line improvements. • General government net additions were mainly $27.3 million for increases in right to use IT Subscription assets, and general construction in progress for bond-funded projects. Construction in progress for governmental-type and business-type capital assets totaled $25,761,075 and $258,463,345 respectively as of June 30, 2023 compared to $16,848,296 and $186,942,136 last year. The City adopted the FY 2024-2033 Capital Improvements Program (CIP) totaling $2,066,258,329 for projects as outlined below: Table C-2 CIP Expenditures – 10 Year Plan CIP Expenditure Category by Service Area % of Total CIP Infrastructure 75.7% Community Services 17.9% Public Safety 6.4% 100.0%

Table C-3

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