Sarasota County Comprehensive Annual Financial Report 2019

Sarasota County, Florida Notes to Financial Statements September 30, 2019 NOTE 6. CAPITAL ASSETS A. CAPITAL ASSET ACTIVITY Capital assets activity for the year ended September 30, 2019 was as follows: Balance 9/30/2018 Additions Deletions Balance 9/30/2019 Governmental Activities: Capital assets, not being depreciated or amortized: Land $ 418,853,149 $ 32,741,789 $ - $ 451,594,938 Land Rights 924,937 - - 924,937 Right of Way/Easements 25,769,520 - - 25,769,520 Construction in progress 86,587,706 94,877,700 86,920,493 94,544,913 Total Capital assets, not being depreciated or amortized 532,135,312 127,619,489 86,920,493 572,834,308 Capital assets, being depreciated or amortized: Buildings and building improvements 341,027,163 16,098,422 276,660 356,848,925 Equipment 192,417,414 27,286,258 10,877,933 208,825,739 Infrastructure 1,566,748,589 34,056,508 1,863,461 1,598,941,636 Softw are 27,985,136 6,169,315 2,644,037 31,510,414 Total capital assets, being depreciated or amortized 2,128,178,302 83,610,503 15,662,091 2,196,126,714 Less accumulated depreciation or amortization for: Buildings and building improvements 166,549,104 10,990,128 276,660 177,262,572 Equipment 143,345,306 18,114,288 10,877,933 150,581,661 Infrastructure 907,272,915 56,078,703 1,863,461 961,488,157 Softw are 23,538,622 2,137,618 2,644,037 23,032,203 Total accumulated depreciation or amortization 1,240,705,947 87,320,737 15,662,091 1,312,364,593 Total capital assets, being depreciated or amortized, net 887,472,355 (3,710,234) - 883,762,121 Governmental activities capital assets, net $1,419,607,667 $123,909,255 $ 86,920,493 $1,456,596,429 104