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-Continued-
<br />the Bureau's agents in these units' names.
<br />At June 30, 2017, the Bureau's deposits had a carrying amount of $3,251,183, and a bank
<br />balance of $3,409,262. Of the bank balance, $250,000 was covered by federal depository
<br />insurance for each of the two banks, and $2,909,262 was covered by collateral.
<br />B. Due from Counly
<br />Due from County consisted primarily of the occupancy tax payment of $445,548 that was
<br />due from Cabarrus County at June 30, 2017.
<br />C. Capital Assets
<br />The following is a summary of changes in capital assets during the fiscal year:
<br />Balance Balance
<br />July 1, June 30,
<br />2016 Increases Decreases 2017
<br />Capital assets being
<br />depreciated:
<br />Computer equipment
<br />$ 71,256
<br />$ -
<br />$ - $
<br />71,256
<br />Vehicles
<br />160,897
<br />-
<br />39,698
<br />121,199
<br />Leasehold improvements
<br />202,910
<br />2,880
<br />-
<br />205,790
<br />Office equipment
<br />78,050
<br />-
<br />-
<br />78,050
<br />Other fixed assets
<br />7,935
<br />7,935
<br />Total capital assets being
<br />depreciated
<br />521,048
<br />2,880
<br />39,698
<br />484,230
<br />I,ess accumulated
<br />depreciation for:
<br />Computer equipment
<br />63,430
<br />6,480
<br />-
<br />69,910
<br />Vehicles
<br />93,626
<br />18,486
<br />39,698
<br />72,414
<br />Leasehold improvements
<br />55,581
<br />13,607
<br />-
<br />69,188
<br />Office equipment
<br />62,990
<br />7,166
<br />-
<br />70,156
<br />Other fixed assets
<br />3,174
<br />1,587
<br />4,761
<br />Total accumulated
<br />depreciated
<br />278,801
<br />47,326
<br />39,698
<br />286,429
<br />Total capital assets being
<br />depreciated, net
<br />$ 242,247
<br />$
<br />197,801
<br />22 Attachment number l In
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