Laserfiche WebLink
Capital Asset and Debt Administration <br /> Capital Assets <br /> At the end of 2013, the City had invested $256.0 million (Figure 7) in a broad range of capital <br /> assets, including land, water rights, streets, and utility infrastructure. Net of accumulated <br /> depreciation, the City's capital assets total $169.1 million. More detailed information on capital <br /> asset activity can be found in the notes to the financial statements, Note 7: Capital assets. <br /> Figure 7 <br /> Net Change in Capital Assets <br /> millions <br /> Governmental Business-type Total <br /> Activities Activities Total % Of <br /> 2013 2012 2013 2012 2013 2012 Change <br /> Land, Easements, & CIP $ 34.6 $ 32.7 $ 4.7 $ 5.4 $ 39.3 $ 38.1 3.1% <br /> Water Rights - - 31.4 31.3 31.4 31.3 0.3% <br /> Buildings 23.4 23.2 1.2 1.1 24.6 24.3 1.2% <br /> Infrastructure 86.1 83.0 64.9 63.8 151.0 146.8 2.9% <br /> Machinery & Equipment 6.7 6.2 3.0 3.3 9.7 9.5 2.1% <br /> Total $150.8 $1 $105.2 $1 40 .9 $256.0 $250.0 2.4% <br /> Long-term Debt <br /> On December 31, 2013, the remaining bonds from the 2003 Sales Tax Refunding Revenue <br /> bond issue matured. This debt was completely paid in 2013 and no debt service requirements <br /> remain. <br /> On September 13, 2013, the 2003 Series Colorado Water Resources and Power Development <br /> Authority Water Resources Revenue loan was refinanced and defeased with the issuance of <br /> $8,355,000 of 2013 Water &Wastewater Enterprise Revenue Refunding Bonds. <br /> Figure 8 <br /> Net Change in Long-Term Debt <br /> millions} <br /> Governmental Business-type Total <br /> Activities Activities Total % Of <br /> 2013 2012 2013 2012 2013 2012 Change <br /> General Obligation Bonds $ 3.8 $ 4.7 $ - $ - $ 3.8 $ 4.7 -18.9% <br /> Revenue Bonds & Notes - 0.4 8.4 8.9 8.4 9.3 -9.7% <br /> Total $ 3.88 4 8$x.9 $ 12.2 $ 14.0 -12.8% <br /> 19 <br />