ACFR - FY2021 FINAL 5-13-22 USE THIS ONE - Flipbook - Page 44
Capital Assets
The City’s investment in capital assets for its governmental and business-type activities as of September
30, 2021, amounts to $109,233,943 (net of accumulated depreciation). This investment in capital assets
includes land, infrastructure, construction work in progress, buildings, equipment, park facilities, and roads.
The total net decrease in the City’s investment in capital assets for the current year was $841,133.
This decrease is attributable to the land sale in business-type activities and furniture and equipment disposal
as the city expands its water and sewer systems and upgrades lift stations. See Note 4.
Table 10: Capital Assets
City of Eustis, Florida
Capital Assets
September 30, 2021
(Net of depreciation)
Governmental Activities
Land
Infrastructure - Retention Ponds
Infrastructure - Right-of-Way
Construction in Progress
Buildings
Improvements Other than Buildings
Business-type Activities
Total
2020
2021
2020
2021
2020
2021
$ 7,011,465
$ 7,009,501
$ 1,245,453
1,946,578
1,946,578
-
-
1,946,578
1,946,578
23,664,796
23,664,796
-
-
23,664,796
23,664,796
$
2,307,117
$
8,256,918
$
9,316,618
884,666
394,208
1,686,277
1,302,404
2,570,943
1,696,612
13,886,546
13,886,546
1,040,681
140,681
14,927,227
14,027,227
8,196,851
7,938,013
80,192,753
77,816,535
88,389,604
85,754,548
Equipment
4,362,974
3,950,005
6,123,188
5,554,609
10,486,162
9,504,614
Vehicles
6,711,795
6,518,100
-
-
6,711,795
6,518,100
35,378,849
35,378,849
-
-
35,378,849
35,378,849
102,044,520
100,686,596
90,288,351
88,021,345
192,332,872
187,807,942
(36,455,139)
(34,466,849)
(46,643,789)
(44,166,017)
(83,098,928)
(78,632,866)
Infrastructure - Roads and Streets
Less: Accumulated Depreciation
Capital Assets, Net
$ 65,589,381
$ 66,219,747
$
$ 43,644,562
43,855,329
$ 109,233,943
$ 109,175,076
City of Eustis, Florida
Capital Assets
(Net of depreciation)
Governmental Activities
u
Business-Type Activities
Total
Capital Assets, net FY21
65,589,381
43,644,562
109,233,943
Capital Assets, net FY20
66,219,747
43,855,329
110,075,076
Change in Capital Assets, Net
$
(630,366)
$
-1.0%
34
(210,767)
-0.5%
$
(841,133)
-0.8%