2003 Depreciation Generation Report - 3/17/04(3) The City may voluntarily levy taxes below the legal limit.
For 2004, the City levied $9,265,808 on an assessed valuation of $4,409,259,851.
NOTE 6 - CAPITAL ASSETS AND DEPRECIATION
Capital assets, which include property, plant, equipment, and infrastructure assets (e.g. roads,
bridges, sidewalks, an similar items), are reported in the applicable governmental or business -like
columns in the government -wide financial statements. The City defines capital assets as assets
with an initial, individual cost of more than $5,000 and an estimated useful life in excess of one year.
Such assets are recorded at historical cost or estimated historical cost if purchased or constructed.
Other donated assets are recorded at estimated fair market value at the date of donation.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially
extend assets lives are not capitalized.
Major outlays for capital assets and improvements are capitalized as projects are constructed.
Interest incurred during the construction phase of capital assets of business -type activities is
included as part of the capitalized value of the assets constructed.
A summary of changes in governmental capital assets follows:
Donated capital assets received from Spokane County at the time of incorporation were recorded at
cost and the accumulated depreciation at the time of transfer. These assets are shown as capital
contributions on the statement of activities. The following schedule details the assets transferred.
Capital Assets Donated From Spokane County
Ending
Balance
Historical
Accumulated
Depreciated
Increases Decreases
Cost
Depreciation
Cost
Infrastructure
Land $ -
$ 1,548,655 $ -
$ 1,548,655
Roadways
$ 187,732,531
$ 127,418,027
$ 60,314,504
Signs, signals, beacons
9,056,000
4,528,000
4,528,000
Crosswalks
130,084
13,008
117,076
Bridges
5.633.979
2.808.112
2.735.867
Total Infrastructure
202,552,594
134,767,147
67,695,447
Parks
Land
Buildings
Improvements other buildings
Machinery and equipment
Total parks assets
1,548,655
898,729
2,123,571
3.337
4.574.292
609,824
1,059,298
3.003
1.672.125
1,548,655
288,905
1,064,273
334
Total County assets donated
A summary of changes in governmental capital assets follows:
2.902.167
Beginning
Ending
Balance
936,420
Balance
Governmental activities: 03/31/03
Increases Decreases
12/31/03
Capital assets, not being depreciated:
- 202,552,594
- 202,552,594
Land $ -
$ 1,548,655 $ -
$ 1,548,655
Construction in progress -
398.826 -
398.826
Total capital assets, not being depreciated $ -
1,947,481 $ -
1,947,481
Capital assets, being depreciated:
Buildings
936,420
- 936,420
Improvements other buildings
2,123,571
- 2,123,571
Infrastructure
- 202,552,594
- 202,552,594
Machinery and equipment
244.965 490.481
- 735.446
Total capital assets, being depreciated
244,965 203,072,665
206,348,031
4/20/2004 4:11 PM 10
i
faDeprc Depreciation Generation Report
311712004 8:54:26AM Spokane Valley
Page: 1
Document Group: dcenis
Depreciation Date: 12/31/2003
Asset / Account #
Intervals
000001
POINT TO POINT LAZER
itequip
10
E
901.000.000.590.30.00.00 Posted Into:
12/2003
000002
AUDIO SYSTEM - COUNCIL CHAMBERS
offeq
9
E
901.000.000.590.30.00.00 Posted Into:
12/2003
000003
HANDHELD POLICE RADAR EQUIPMENT
mach
0
E
901.000.000.590.30.00.00 Posted Into:
12/2003
000004
2003 CHEVROLET 5 -10 PICK -UP
veh
9
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000005
2003 CHEVROLET S -10 PICK -UP
veh
9
E
501.501.181.548.63.00.00 Pasted Into:
12/2003
000006
2003 CHEVROLET MALIBU SEDAN
veh
8
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000010
� PC WORKSTATION W /CRT MONITOR
itequip
1
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000011
PC WORKSTATION W /FLAT PANEL MONITOR
itequip
1
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000012
PC WORKSTATION W /CRT MONITOR
itequip
1
E
501.501.181.548.63.00.00 Pasted Into:
12/2003
000013
PC WORKSTATION W /CRT MONITOR
itequip
1
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000014
PC WORKSTATION W /CRT MONITOR
itequip
8
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000015
PC WORKSTATION W /CRT MONITOR
itequip
1
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000016
PC WORKSTATION W /CRT MONITOR
itequip
1
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000017
PC WORKSTATION W /CRT MONITOR
itequip
1
E
501.501.181.548.63.00.00 Posted Into:
12/2003
Depreciation
Accumulated Last
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
oils
AII
r�
� �r
lr
0.00
0.00
0.00
0.00
0.00
r w
Current Error
6,899.71
1,481.61
29.55
1,219.72
3,167.31
2,266.49
30.57
32.60
27.63
27.63
253.72
27.63
30.57
27.63
faDeprc Depreciation Generation Report Page: 2
3117/2004 8:54:26AM Spokane Valley
Document Group: dcenis
Depreciation
Depreciation Date: 12/31/2003
A / Account #
Accumulated
000018
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000019
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000020
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000021
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000022
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000023
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000024
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000025
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000026
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000027
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000028
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000029
HP 8150DN PRINTER
itequip
E
501.501.181.548.63.00.00 Pasted Into:
12/2003
000030
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000031
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000032
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
Depreciation
Intervals
Accumulated
Last
Current Error
1
0.00
0.00
27.63
1
0.00
0.00
30.57
1
0.00
0.00
30.57
9
0.00
0.00
271.60
1
0.00
0.00
20.27
8
0.00
0.00
253.72
8
0.00
0.00
261.06
1
0.00
0.00
30.57
1
0.00
0.00
20.27
1
0.00
0.00
29.67
1
0.00
0.00
20.27
3
0.00
0.00
273.67
1
0.00
0.00
44.80
1
0.00
0.00
27.63
1
0.00
0.00
30.57
faDeprc
3/17/2004 8:54:26AM
Depreciation Generation Report
Spokane Valley
Page: 3
Document Group: dcenis
'
Depreciation Date: 12/31/2003
Intervals
Asset / A #
Last
000033
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000034
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000035
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000036
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000037
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000038
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000039
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000040
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000041
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000042
PC WORKSTATION W /LCD MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000043
PC WORKSTATION W /LCD MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into-
12/2003
000044
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000045
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000046
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000047
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
Current Error
29.67
20.27
30.57
30.57
30.57
42.85
47.47
30.57
20.27
166.38
55.46
253.72
30.57
27.63
30.57
Depreciation
Intervals
Accumulated
Last
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
3
0.00
0.00
1
0.00
0.00
8
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
Current Error
29.67
20.27
30.57
30.57
30.57
42.85
47.47
30.57
20.27
166.38
55.46
253.72
30.57
27.63
30.57
faDeprc Depreciation Generation Report
3/1712004 8:54:26AM Spokane Valley
Document Group: dcenis
Accumulated
Last
Depreciation
Date: 12/31/2003
A sset / A #
000048
PRINTER /PLOTTER
offeq
E
901.000.000.590.30.00.00 Posted Into:
12/2003
000050
NETWORK SERVER
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000051
TELEPHONE SYSTEM
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000052
PC WORKSTATION W /FLAT PANEL MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000053
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000054
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000056
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000057
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000058
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000059
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000060
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000061
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000062
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000063
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
000064
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00 Posted Into:
12/2003
Depreciation
Page:4
Intervals
Accumulated
Last
Current Error
10
0.00
0.00
2,785.81
1
0.00
0.00
6,450.66
8
0.00
0.00
5,411.08
1
0.00
0.00
32.60
1
0.00
0.00
30.18
1
0.00
0.00
64.84
1
0.00
0.00
30.57
1
0.00
0.00
30.57
1
0.00
0.00
30.57
1
0.00
0.00
27.63
1
0.00
0.00
30.18
1
0.00
0.00
29.67
9
0.00
0.00
491.86
1
0.00
0.00
30.18
1
0.00
0.00
54.65
Page:
m
I I I J
faDeprc Depreciation Generation Report
3117/2004 8:64:26AM Spokane Valley
Document Group: dcenis
Depreciation
Intervals
Accumulated
Depreciation Date: 12/3112003
8
A sset / Account #
0.00
000065
LAPTOP COMPUTER
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000066
PC WORKSTATION CPU
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000067
NOTEBOOK COMPUTER
0.00
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000068
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000069
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000070
PC WORKSTATION W /CRT MONITOR
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000073
HP 8150DN PRINTER
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000087
2003 CHEVROLET 5 -10 PICK -UP
veh
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000088
2002 FORD 15 PASSENGER CLUB WAGON VAN
veh
E
501.501.181.548.63.00.00
Pasted Into:
12/2003
000089
2003 FORD EXPLORER
veh
E
501.501.181.548.63.00.00
Pasted Into:
12/2003
000090
2004 DODGE DAKOTA PICK -UP
veh
E
501.501.181.548.63.00.00
Pasted Into:
12/2003
000091
2003 CHEVROLET S -10 PICK -UP
veh
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000092
2003 DODGE CARAVAN
veh
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000093
2004 FORD F -150 PICK -UP
veh
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000094
2004 FORD TAURUS SEDAN
veh
E
501.501.181.548.63.00.00
Posted Into:
1212003
1
1
1
10
8
6
2
12
11
1
1
i$t
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Page: 5
Current Error
471.56
20.27
54.65
54.65
31.72
30.18
90.72
2,715.56
1,538.76
2,479.07
684.34
1,423.50
1,762.79
140.53
126.39
Depreciation
Intervals
Accumulated
Last
8
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
0.00
0.00
1
1
1
10
8
6
2
12
11
1
1
i$t
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Page: 5
Current Error
471.56
20.27
54.65
54.65
31.72
30.18
90.72
2,715.56
1,538.76
2,479.07
684.34
1,423.50
1,762.79
140.53
126.39
faDeprc Depreciation Generation Report Page: 6
311712004 8:64:26AM Spokane Valley
Document Group: dcenis
Depreciation Date: 12/31/2003
Asset I Account #
000095
PC WORKSTATION W /LCD FLAT MONITOR
itequip
E
501.501.181.548.63.00.00
Posted Into:
1212003
000096
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000097
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
000098
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00
Posted Into:
1212003
000099
NOTEBOOK COMPUTER
itequip
E
501.501.181.548.63.00.00
Posted Into:
1212003
000100
PC WORKSTATION W/ LCD MONITOR
itequip
E
501.501.181.548.63.00.00
Posted Into:
1212003
000101
MAILING MACHINE
offeq
E
901.000.000.590.30.00.00
Posted Into:
12/2003
000102
CITY HALL LEASEHOLD IMPROVEMENTS
leasehold
E
901.000.000.590.30.00.00
Posted Into:
12/2003
000103
EDEN FINANCIAL SYSTEM SOFTWARE
itequip
E
501.501.181.548.63.00.00
Posted Into:
12/2003
Depreciation
Intervals Accumulated Last Current Error
9
0.00 0.00 421.32
1
0.00 0.00 45.55
1
0.00
1
0.00
1
0.00
Rio rr
rr
54.65
54.65
54.65
1
0.00
8
0.00
1
0.00
1
0.00
Total Depreciation: 0.00
r rr
r rr
rr
0.00
0.00
56.42
676.71
785.23
2,851.04
49,898.34