|
NOTES TO THE FINANCIAL STATEMENTS (Continued)
<br /> 3F. Proprietary Funds Fixed Assets. The following is a summary of changes in proprietary funds fixed assets
<br /> and depreciation for year ended June 30, 1993:
<br /> Balance Balance
<br /> July 1, 1992 Additions Deletions June 30, 1993
<br /> Enterprise Funds:
<br /> Land $ 4,785,833 $
<br /> Buildings 8,869,896 $ $ 4,785,833
<br /> Improvements other than Buildings 7,688,410 8,869,896
<br /> 2,I77,700 9,866,110
<br /> Mains, hydrants, and other
<br /> equipment 50,248,306 3,991,338
<br /> Work in progress (68,520) 4,181,137
<br /> 11,210,834 8,871,994 (5,898,291) 14,184,537
<br /> 82,803,279 15,041,032 (5,966,811) 91,877,500
<br /> Less accumulated depreciation (24,818,195) (1,511,321) 28,995
<br /> Subtotal 57,985,094 13,529,711 (6 ,576,9
<br /> (5,937,816) 65 9
<br /> ,576,989
<br /> Internal Service Funds:
<br /> Machinery& equipment 18,907,797 1,088,404
<br /> Less accumulated depreciation (561,095) 1 ,273, 7
<br /> (9,457,090) (2,250,179) 433,832 (1
<br /> 1,273,437)
<br /> Subtotal 9,450,707
<br /> (1,161,775) (127,263) 8,161,669
<br /> Construction in progress 22,959
<br /> 10,199 33,158
<br /> Net Fixed Assets $ 67,458,760 $ 12,378,135 $ (6,065,079) $ 73,771,816
<br /> 3G. General Lon¢-Term Debt. The following is a summary of changes in general long-term debt for the fiscal
<br /> year ended June 30, 1993:
<br /> Balance Balance
<br /> Instrument July I, 1992 Incurred Repayments June 30, 1993
<br /> Tax allocation revenue bonds $ 150,485,000 S
<br /> $ 1,810,000 S. 148,675,000
<br /> Certificates of participation
<br /> 13,900,000 16,875,000 14,150,000 16,625,000
<br /> Special assessment with governmental
<br /> commitment 1,590,000
<br /> 260,000 1,800,000
<br /> Capitalized lease obligations
<br /> 2,658,028 2,836,210 2,693,971 2,800,267
<br /> Long-term loans 22,013,739
<br /> Compensated absences 2,553,680 1 ,846, t2
<br /> 9,912,304 4,487,848 2,553,680 11,846,472
<br /> Various claims payable 261,000 150,000 261,000
<br /> 150,000
<br /> Total General Long-Term Debt $ 200,820,071 $ 24,349,058 $ 24,288,573
<br /> $ 200,880,556
<br />
|