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City of Redwood City <br />Notes to the Basic Financial Statements <br />For the fiscal year ended June 30, 2016 <br />NOTE 4 — CAPITAL ASSETS <br />A. Summary <br />Capital assets at June 30 are comprised of the following: <br />Government activities <br />Capital assets not being depreciated: <br />Land <br />Construction in progress <br />Total capital assets not being depreciated <br />Capital assets being depreciated: <br />Buildings <br />Accumulated depreciation <br />Improvements other than buildings <br />Accumulated depreciation <br />Parks <br />Accumulated depreciation <br />Streets <br />Accumulated depreciation <br />Bridges <br />Accumulated depreciation <br />Traffic Signals <br />Accumulated depreciation <br />Storm Drains <br />Accumulated depreciation <br />subtotal <br />Machinery& Equipment <br />Accumulated depreciation <br />Net capital assets being depreciated <br />Governmental activity capital assets, net <br />Business -Type Activities <br />Capital assets not being depreciated: <br />Land <br />Construction in progress <br />Total capital assets not being depreciated <br />Balance <br />June 30, 2015 Additions Retirements Transfers <br />6.1.D. - Page 81 <br />Balance <br />June 30, 2016 <br />31,397,153 <br />31,397,153 <br />16,023,246 <br />15,286,887 <br />4,773,955 <br />(6,771,002) <br />24,539,131 <br />47,420,399 <br />15,286,887 <br />Buildings <br />(6,771,002) <br />55,936,284 <br />83,309,015 <br />Accumulated depreciation <br />(13,114,160) <br />(1,278,341) <br />83,309,015 <br />(28,421,561) <br />(1,664,156) <br />1,272 <br />1,683,597 <br />(30,085,717) <br />6,905,894 <br />(73,923) <br />(1,553,336) <br />977,661 <br />7,883,555 <br />(1,852,132) <br />(337,004) <br />Accumulated depreciation <br />(55,210,732) <br />(2,189,136) <br />28,371,402 <br />Net capital assets being depreciated <br />184,665,143 <br />1,590,920 <br />29,962,322 <br />(16,156,494) <br />(932,567) <br />4,740,516 <br />200,073,297 <br />(17,089,061) <br />111,449,970 <br />410,910 <br />2,805,909 <br />114,666,789 <br />(64,761,026) <br />(4,062,160) <br />(68,823,186) <br />2,248,335 <br />2,248,335 <br />(1,899,996) <br />(74,944) <br />(1,974,940) <br />2,640,545 <br />2,640,545 <br />(2,111,379) <br />(83,814) <br />(2,195,193) <br />11,850,347 <br />139,599 <br />200,000 <br />12,189,946 <br />(2,135,886) <br />(348,375) <br />(2,484,261) <br />129,437,034 <br />(6,952,511) <br />5,574,490 <br />128,059,013 <br />23,904,681 <br />97,424 <br />(577,013) <br />1,196,512 <br />24,621,604 <br />(13,940,691) <br />(1,592,608) <br />480,176 <br />(15,053,123) <br />139,401,024 <br />(8,447,695) <br />(96,837) <br />6,771,002 <br />137,627,494 <br />186,821,423 <br />6,839,192 <br />(96,837) <br />193,563,778 <br />3,180,272 3,180,272 <br />7,487,366 10,031,641 (7,510,676) 10,008,331 <br />10,667,638 10,031,641 (7,510,676) 13,188,603 <br />Capital assets being depreciated <br />Harbor Improvements <br />4,773,955 <br />4,773,955 <br />Accumulated depreciation <br />(3,048,958) <br />(125,922) <br />(3,174,880) <br />Buildings <br />61,212,575 <br />1,254,108 62,466,683 <br />Accumulated depreciation <br />(13,114,160) <br />(1,278,341) <br />(14,392,501) <br />Machineryand equipment <br />1,682,325 <br />1,272 <br />1,683,597 <br />Accumulated depreciation <br />(1,479,413) <br />(73,923) <br />(1,553,336) <br />Improvements other than buildings <br />189,849,551 <br />230,236 <br />6,256,568 196,336,355 <br />Accumulated depreciation <br />(55,210,732) <br />(4,044,447) <br />(59,255,179) <br />Net capital assets being depreciated <br />184,665,143 <br />(5,291,125) <br />7,510,676 186,884,694 <br />Business -type activity capital assets,net <br />195,332,781 <br />4,740,516 <br />200,073,297 <br />54 <br />