NORTHEAST OHIO REGIONAL SEWER DISTRICT Notes to Financial Statements December 31, 2008 and 2007
Note 5:
Capital Assets and Depreciation
Capital Asset Activity for the year ended December 31, 2008 was as follows: Restated Balance December 31, 2007 Non-depreciable: Land Construction in Progress
$
Depreciable: Interceptor Sewer Lines Buildings, Structures & Improvements Sewage Treatment & Other Equipment Total at Historical Cost Less Accumulated Depreciation For: Interceptor Sewer Lines Buildings, Structures & Improvements Sewage Treatment & Other Equipment Total Accumulated Depreciation Capital Assets, Net Depreciation Expense Charged to Operating Expenses
$
Additions
8,950,592 $ 184,275,990 193,226,582
$ 51,615,565 51,615,565
898,665,823 676,610,685 330,984,995 1,906,261,503 2,099,488,085
443,066 694,467 1,137,533 52,753,098
(133,933,946) (299,302,459) (180,558,197) (613,794,602)
(12,615,420) (18,208,103) (13,625,041) (44,448,564)
1,485,693,483 $
$
29
8,304,534 $
44,448,564
Retirements -
Balance December 31, 2008
Transfer $
(117,053) (2,118,814) (2,235,867) (2,235,867)
-
$ (41,434,820) (41,434,820) 24,378,208 9,276,807 7,779,805 41,434,820 -
8,950,592 194,456,735 203,407,327 923,044,031 686,213,505 337,340,453 1,946,597,989 2,150,005,316
27,061 1,993,776 2,020,837
-
(146,549,366) (317,483,501) (192,189,462) (656,222,329)
(215,030) $
-
$ 1,493,782,987