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Capital Assets, Net of Depreciation June 30, 2016
BALANCE BALANCE
06/30/2015
06/30/2016
Depreciable Assets
Vehicles
$1,148,297 $ 1,148,297
Buildings
1,410,466
1,410,466
Equipment, Admin
166,179
166,179
Equipment, Fire
679,986 679,986
Total Historical Costs
3,404,928 3,404,928
Less Accumulated Depreciation
Vehicles
1,133,767
1,141,719
Buildings
666,026
706,776
Equipment, Admin
141,408
153,191
Equipment, Fire
605,172 622,881
Less: Total Accumulated
Depreciation
2,546,373 2,624,567
Depreciable
Capital Assets, Net
858,555
780,361
Non-Depreciable Assets
Land
0 0
Capital Assets, Net
$858,555 $ 780,361
Long Term Debt
Outstanding Debt
At the end of the current fiscal year, the District had no outstanding debt.
Factors Affecting Future Results
The District is subject to general economic conditions such as increases or declines in property tax value
or other types of revenues that vary with economic conditions.
DRAFT