CAPITAL ASSETS Sarasota County’s investment in capital assets for its governmental and business-type activities at the end of the current fscal year amounted to $2.6 billion (net of accumulated depreciation). The County’s total investment in capital assets for the current fscal year increased by 2.1 percent. This investment in capital assets is comprised of: • Land (including land rights, rights of way/easements) • Building and building improvements • Equipment • Software • Construction in progress • Infrastructure Major capital asset events during the current year included: • Renovations to County facilities were completed totaling $4.3 million. • County roadway resurfacing and sidewalk program improvements were completed totaling $14.9 million. CAPITAL ASSETS, NET OF DEPRECIATION as of September 30 (In thousands) Governmental Activities Business-Type Activities Total 2021 2020 2021 2020 2021 2020 Land $ 471,975 $ 469,696 $ 64,590 $ 64,662 $ 536,565 $ 534,358 Land Rights 925 925 - - 925 925 Right of Way/Easements 31,592 30,730 1,489 1,489 33,081 32,219 Buildings and Improvements 225,793 236,412 23,713 25,282 249,506 261,694 Equipment 56,366 54,219 13,204 15,618 69,570 69,837 Infrastructure 617,292 648,710 803,934 765,791 1,421,226 1,414,501 Software 6,072 6,842 - - 6,072 6,842 Construction in Progress 187,129 124,666 52,892 60,103 240,021 184,769 TOTAL $ 1,597,144 $ 1,572,200 $ 959,822 $ 932,945 $ 2,556,966 $ 2,505,145 22 Impact Report 2021
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