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6.C. - Page 91 of 196 <br />CITY OF REDWOOD CITY <br />NOTES TO THE BASIC FINANCIAL STATEMENTS <br />For the Fiscal Year Ended June 30, 2020 <br />NOTE 4 — CAPITAL ASSETS (CONTINUED) <br />A. Depreciation Allocation <br />Depreciation expense was charged to functions and programs based on their usage of the related assets. The <br />amounts allocated to each function or program is as follows: <br />Governmental Activities <br />Community Development <br />Human Services <br />Public Safety <br />Transportation <br />Leisure, cultural, and information services <br />Policy development and implementation <br />Environmental support and protection <br />Total Depreciation Expense -Governmental Activities <br />Business -Type Activities <br />Water Utility Fund <br />Sewer Utility fund <br />Parking Fund <br />Dock Town <br />Port of Redwood City <br />Total Depreciation Expense -Business -Type Activities <br />209,070 <br />112,872 <br />1,177,487 <br />5,054,029 <br />2,977,931 <br />506,743 <br />580,960 <br />$ 10,619,092 <br />3,279,478 <br />1,035,464 <br />755,235 <br />19,062 <br />1,730,887 <br />$ 6,820,126 <br />NOTE 5 — INVESTMENT IN SILICON VALLEY CLEAN WATER AUTHORITY <br />Redwood City has an investment of $34,260,022 in Silicon Valley Clean Water Authority (SVCW), a <br />California Joint Powers Authority (JPA) with the cities of San Carlos, Belmont, and the West Bay Sanitation <br />District. In addition, it has an additional investment of $10,251,251, in SVCW stage 1I construction. The <br />City's investment in SVCW was adjusted to reflect a net increase in the investment of $2,498,610. Every <br />fiscal year the City adjusts the investment based on the City's proportion of financial activity at SVCW. <br />SVCW operates and maintains a sewer plant, which was jointly constructed with federal and state grants and <br />contributions from participating entities. SVCW is run by its board of directors, which is comprised of four <br />members. The city councils of each member city and the board of the West Bay Sanitation District each <br />select one of their own members to serve on this board. No member agency has control of SVCW's budget, <br />finances, or operations. The board acts autonomously of the respective member agencies. <br />59 178 <br />