Sarasota County, Florida Notes to Financial Statements September 30, 2023 NOTE 6. CAPITAL ASSETS A. CAPITAL ASSET ACTIVITY Capital assets activity for the year ended September 30, 2023 was as follows: Balance Balance 9/30/2022 Additions Deletions 9/30/2023 Governmental Activities: Capital assets, not being depreciated or amortized: Land $ 476,743,666 $ 9,055,106$ (330,751) $ 485,468,022 Land rights 924,937 - - 924,937 Right of way/easements 38,306,396 670,957 - 38,977,352 Construction in progress 193,565,135 95,103,689 (101,648,049) 187,020,775 Total capital assets, not being depreciated or amortized 709,540,134 104,829,752 (101,978,800) 712,391,086 Capital assets being depreciated or amortized: Buildings and building improvements 433,566,368 21,312,230 (2,310,746) 452,567,852 Equipment 204,692,243 24,490,922 (15,139,472) 214,043,693 Infrastructure 1,772,615,699 70,021,650 (1,061,974) 1,841,575,375 Software 28,204,346 982,628 (4,091,279) 25,095,695 Right-to-use lease assets 8,558,452 5,624,334 (740,035) 13,442,751 Right-to-use subscription assets - 11,562,364 - 11,562,364 Total capital assets, being depreciated or amortized 2,447,637,108 133,994,128 (23,343,506) 2,558,287,730 Less accumulated depreciation or amortization for: Buildings and building improvements 191,681,420 10,674,178 (2,310,746) 200,044,852 Equipment 150,758,300 19,595,153 (13,573,193) 156,780,260 Infrastructure 1,142,461,337 59,695,336 (1,061,974) 1,201,094,699 Software 23,769,692 1,756,896 (4,091,279) 21,435,309 Right-to-use lease assets 1,520,478 3,343,848 (184,114) 4,680,212 Right-to-use subscription assets - 1,644,773 - 1,644,773 Total accumulated depreciation or amortization 1,510,191,227 96,710,184 (21,221,306) 1,585,680,105 Total capital assets, being depreciated or amortized, net 937,445,881 37,283,944 (2,122,200) 972,607,625 Governmental activities capital assets, net $ 1,646,986,015 $ 142,113,696$ (104,101,000) $ 1,684,998,711 107
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