|
Cabarrus County, North Carolina
<br />Notes to the Financial Statements
<br />For the Year Ended June 30, 2009
<br />2. Construction commitments
<br />-The government has active construction projects as of June 30, 2009. The projects include the construction of
<br />the Sheriff's Administration Building and Jail Housing Unit, construction of two schools, and construction of a
<br />school bus garage. At year-end, the government's commitments with contractors are as follows:
<br /> Remaining
<br />Project Spent-To-Date Commitment
<br />Sheriffs Administrative Build ing $31,920,730 $ 154,322
<br />Jail Housing Unit 28,098,110 29,864,339
<br />Schools 32,212,335 985,132
<br />School Bus Garage 6.862.747 261.675
<br />Total $99.093 922 $31 265.478
<br />3. Discretely presented component unit
<br />Capital asset activity for Cabarrus Health Al liance for the year ended June 30, 2009, was as follows:
<br /> Beginning Ending
<br /> Balance Increases Decreases Balance
<br />Governmental Activities:
<br />Capital assets, not being depreciated:
<br />Land $ 115,233 $ 123,995 $ - $ 239,228
<br />Capital assets, being depreciated:
<br />Furniture and fixtures 168,486 - - 168,486
<br />Vehicles 499,663 - (12,119) 487,544
<br />Equipment 583,810 17,508 - 601,318
<br />Land Improvements 828,982 - - 828,982
<br />Total capital assets being depreciated 2,080,941 17,508 (12,119) 2,086,330
<br />Less accumulated depreciation:
<br />Furniture and fixtures 155,141 2,912 - 158,053
<br />Vehicles 384,709 34,884 (12,119) 407,474
<br />Equipment 458,186 58,799 - 516,985
<br />Land Improvements 206,975 55,265 - 262,240
<br />Total accumulated depreciation 1,205,011 151,860 (12,119) 1,344,752
<br />Total governmental activities, being
<br />depreciated (net) $ 875,930 $ (134,352) $ - $ 741,578
<br />Governmental Capital Assets, net $ 991,163 $ (10,357) $ - $ 980,806
<br />52 Attachment number 3
<br />G-8 Page 326
<br />
|